City Mumbai Financial News

03.07 / 17:55

Booking Airlines Boeing Mumbai IndiGo cancels Istanbul-Mumbai flight due to technical issue in aircraft

IndiGo on Monday said it cancelled a flight from Istanbul to Mumbai on Sunday due to a technical issue in the Boeing aircraft. Since the aircraft was not available, the flight scheduled from Mumbai to Istanbul on Monday was also cancelled.

03.07 / 17:43

COST UPS FIVE Waters Aware Want to invest in agricultural land? Here is what you ought to know

Mint interviewed a few people about their experiences with buying agricultural land. Industry experts also weighed in on the factors to consider before such an investment. What to look out for? Shital Jain, a resident of Itarsi in Madhya Pradesh, is optimistic about investments in agricultural land, citing its higher potential for appreciation in value.

03.07 / 16:05

Cooper Career Department Vice Admiral Atul Anand takes over as Additional Secretary of Department of Military Affairs

Atul Anand took over as Additional Secretary of Department of Military Affairs on Monday, the Defence Ministry said. The post was previously held by Lt Gen Anil Puri, who retired on February 28 this year, the ministry said in a statement.

03.07 / 14:27

CBI Land for job scam: CBI files charge sheet against Tejashwi, Lalu, Rabri

Tejashwi Yadav, his father and former railways minister Lalu Prasad and mother and former chief minister Rabri Devi in connection with the land for jobs scam case, officials said Monday. The charge sheet, which also names 14 others, is the second charge sheet in the case.

03.07 / 10:11

FIVE Digital Telegram Mumbai NIA conducts searches at five locations in Mumbai, Pune

National Investigation Agency (NIA) carried out searches at five different places in Maharashtra's Mumbai and Pune, said the officials on Monday. According to the officials, the searches are being carried out at five locations in connection to a case linked to an Islamic state. «The searches are still underway, at one place in Pune and four in Mumbai,» said the officials.

03.07 / 09:27

Citi Platform 500 Investcorp completes Rs 500 cr follow-on investment in NDR Warehousing

NDR Warehousing (“NDR”), one of India’s largest warehouse development and operating platforms. This comes after Investcorp led a $55 million investment round in NDR Warehousing last year.

03.07 / 05:05

Man Fake pesticides worth Rs 1 crore seized, one arrested in Jharkhand

Jharkhand's Ramgarh district and the owner of the unit was arrested, police said. Police seized fake pesticides worth around Rs 1 crore from a house in the Bhadaninagar police outpost area, about 60 km from state capital Ranchi.

03.07 / 01:25

EOS GHCL director fails to get enough votes to be reappointed

GHCL's proposal for the reappointment of promoter and non-executive chairman Sanjay Dalmia to the board failed to get enough votes at its annual general meeting held on Saturday. As much as 67.73% of the shareholders at the AGM voted in favour of the special resolution, while 32.27% voted against. «The resolution was defeated as it needed to be supported by 75% of the total voting,» the company said in a regulatory filing on Saturday.

02.07 / 15:21

Twitter raid Will ED raid Hasan Mushrif's places again: Youth Cong chief takes swipe after NCP MLA joins Shinde govt

Indian Youth Congress president Srinivas B V took a swipe at the BJP and said NCP MLA Hasan Mushrif has become free from corruption charges after joining the Eknath Shinde-led government in Maharashtra on Sunday. NCP leader Ajit Pawar was sworn in as the deputy chief minister by Governor Ramesh Bais at a ceremony held in the Raj Bhawan in Mumbai while Mushrif and seven other leaders of the party took oath as ministers.

02.07 / 12:17

Lowe's FIVE Progressive Waters Bullet train project work progresses steadily, three river bridges built in one month in Navsari

Mumbai-Ahmedabad High Speed Rail Corridor, popularly called the bullet train project, said work was progressing swiftly and cited the construction of three river bridges in one month in Gujarat. Officials of the National High Speed Rail Corridor, which is constructing the high speed corridor, said four out of the 24 bridges have been built in the past six months.

02.07 / 11:51

Twitter Action PM Modi biggest patron of corruption: AAP after Ajit Pawar joins Shinde govt in Maharashtra

Nationalist Congress Party (NCP) leader Ajit Pawar, along with eight others from the party, joined the Eknath Shinde-led Maharashtra government. While Pawar was sworn in as the deputy chief minister by Governor Ramesh Bais at a ceremony held in the Raj Bhawan in Mumbai, the eight other NCP leaders took oath as ministers.

02.07 / 11:31

FIVE Digital CEO Strategy Fashion accessory startup Zouk keen on more offline stores, charts out FY24 growth blueprint

Mumbai, lifestyle and fashion accessory startup Zouk is looking at a strong offline strategy of opening more brand outlets «very quickly» to compliment its online presence, and is also keen on making inroads into overseas markets of the US and Canada. The brand, founded by IIM Ahmedabad batchmates and husband-wife duo Disha Singh and Pradeep Krishnakumar, had raised $3 million in fresh capital earlier this year, in a funding round led by Stellaris Venture Partners and participation from Sharrp Ventures, JJ Family Office, Deutsche Bank India CEO Dilip Khandelwal, Manoj Meena of Atomberg and Vineeta Singh, Kaushik Mukherjee of Sugar Cosmetics.

02.07 / 09:09

FIVE Passenger footfall jumps 15% at Guwahati Airport in June

Guwahati has witnessed a 15 per cent rise in passenger footfall in June this year to almost five lakh travellers, an official said on Sunday. A spokesperson of the Adani Group-controlled facility said the LGBI Airport in Guwahati recorded a footfall of nearly five lakh passengers in June 2023, witnessing a sharp increase from the corresponding month of the last year.

02.07 / 09:09

BABA Ajit Pawar joins NDA govt, takes oath as deputy CM of Maharashtra

Congress Party's senior leader Ajit Pawar on Sunday joined Eknath Shinde-led government and was sworn-in as the deputy chief minister of Maharashtra. The oath ceremony took place on July 2, 2023.

02.07 / 07:13

UPS Target Digital Strategy Ajanta Pharma looks to expand ops in high-growth Asian, African geographies

Ajanta Pharma is looking to enhance its presence across select geographies with high growth potential in Asia and Africa. In its Annual Report for 2022-23, the Mumbai-based drug maker stated that it intends to rely on its strengths to grow faster in countries where it has a presence with its range of branded generics.

01.07 / 18:39

Provident Google PINK Pandemic-era hobbies benched or given pink slip

Mumbai: When work and home life converged during the pandemic, long-lost and new-found hobbies such as reading, baking, or gardening provided structure and helped professionals destress.In May 2020, at the height of Covid-19 infections, Google Trends showed that the number of people searching for new recipes was at its peak — higher than it was for years, with most searching for easy cookie and vegetarian meals.Baking too became a global

01.07 / 18:39

Lowe's Booking Gap Strategy Hyundai boost Cos boost incentives for SUVs, minivans to stimulate demand

Mumbai: Sport utility vehicles (SUVs) and minivans, the two segments with significant sales traction, see a spike in incentives. The minivan segment saw average incentives jump from Rs 33,720 in May this year to Rs 43,727 in June 2023. The SUV segment, too, saw similar incentive increases from Rs 32,296 to Rs 42,215 for the same period.

01.07 / 17:59

COST UPS Citi Continental Caviar at the Club: Gastronomy has a new destination — private members’ clubs

Mehrotra and Shantanu Mehrotra of Indian Accent served as part of their nine-course dinner at a pop-up in Singapore recently. It was not held at a restaurant or a hotel, but at a private members’ club, Mandala. The three-week pop up, which was extended to a fourth on popular demand, fed 2,200 diners.

01.07 / 08:21

COST UPS Citi Booking Samsung MakeMyTrip cricket ICC Cricket World Cup means brisk business for India

Cricket World Cup, businesses in India are also set to gain from the matches. The tournament will be held from October 5 to November 19 and played across 10 venues in Hyderabad, Ahmedabad, Dharamsala, Delhi, Chennai, Lucknow, Pune, Bengaluru, Mumbai and Kolkata. The pandemic left the hospitality sector ravaged, which has now limped back to normalcy.

01.07 / 07:15

COST UPS Aviat Jet fuel price up 1.6 per cent on global cues

Jet fuel or ATF price on Saturday was hiked by 1.65 per cent — the first increase in rate after fourth months of reduction warranted by softening oil prices. Aviation Turbine Fuel (ATF) price was increased by Rs 1,476.79 per kilolitre, or 1.65 per cent, in the national capital to Rs 90,779.88 per kl, according to a price notification of state-owned fuel retailers. Rates vary from state to state.

01.07 / 06:17

Provident Platform Remark Sushmita Sen's upcoming series 'Taali' shines light on Transgender activist Gauri Sawant's inspiring journey

Sushmita Sen unveiled details about her forthcoming series, titled 'Taali', which pays tribute to the life of transgender activist Gauri Sawant as part of the ongoing Pride Month celebrations. The series is set to premiere on a popular streaming platform in the near future. The newly released promo has captured widespread attention, particularly with Sushmita Sen's powerful dialogue, «Main Taali bajaati nahi bajwati hoon» (I don't clap, I make others clap).

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