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Elon Musk's electric car maker Tesla, which has been actively exploring opportunities to enter the Indian market, is opening a showroom in Mumbai’s upscale business district Bandra Kurla Complex (BKC) to sell its imported cars. Tesla has plans to set up a manufacturing plant in Maharashtra. The most popular electric car brand in the world has long been seen as a heavyweight which will disrupt Indian's nascent electric vehicle (EV) market. But Indian automaker don't seem to be scared of Musk's India venture. JSW Group Chairman Sajjan Jindal has doubted Musk’s ability to crack the Indian market, asserting that local giants Tata Motors and Mahindra & Mahindra are now deeply entrenched. JSW Group has a JV with China's SAIC Motor, JSW MG Motor India Pvt. Ltd, which sells EVs such as MG Comet EV, MG ZS EV, MG Windsor EV, MG 4 EV, and MG M9 EV. It is planning to launch several new EV models in 2025, including the Cyberster, an electric sports car. India's EV sales are merely 2.5% of the total passenger vehicle sales. Can Indian EV makers take on the world's biggest EV brand while they are still in their infancy?

Indian Revenue Service (IRS) officer, made headlines for allegedly demanding Rs 25 crore from Bollywood actor Shah Rukh Khan's family by threatening to implicate his son Aryan Khan in the Cordelia cruise drug bust case during his tenure in the Narcotics Control Bureau (NCB) Mumbai in 2021. The principal CAT bench comprising Justice Ranjit More and member Rajinder Kashyap found procedural lapses and potential bias in the transfer decision issued by the Department of Revenue, Ministry of Finance. The tribunal said while government officers had an all-India service liability, transfer policies must be implemented in a fair, transparent, and just manner.

Subscribe to enjoy similar stories. Grade-A real estate companies have been expanding their footprints from top-tier cities to tier-2 cities lately. A combination of factors such as affordability, relatively higher growth potential in untapped regions, and improving infrastructure, is enticing realtors and homebuyers towards tier-2 cities such as Agra, Chandigarh, Goa, Jaipur and Nagpur.

A similar surge in late February triggered heatwave warnings for two consecutive days, February 25 and 26. The India Meteorological Department (IMD) has forecasted even hotter days ahead, predicting a maximum temperature of 38°C on Sunday.

Subscribe to enjoy similar stories. Mumbai: JioStar will lay off more than 1,100 employees as the newly formed joint venture between Reliance Industries Ltd's Viacom18 and The Walt Disney Co.'s India unit cuts overlapping roles following the merger, said multiple people aware of the development. “The departures started a month ago, and they are not ending anytime soon," said one of the people quoted above.

This economic dynamism has not only increased the billionaire count but has also spurred the growth of high-net-worth individuals (HNIs), further strengthening India's luxury property markets including Mumbai, Delhi and Bengaluru. With 191 billionaires, India now ranks third globally in billionaire wealth, behind only the US and China. A total 26 individuals joined the billionaire club in just the last year, a stark contrast to the mere seven additions recorded in 2019, showed the Knight Frank global wealth report.

Infrastructure major Larsen & Toubro (L&T) on Wednesday said one of its verticals has bagged 'significant' projects from a reputed developer to construct residential towers. The building and factories vertical of Larsen & Toubro will construct residential towers in Mumbai, Bangalore and Chennai, L&T said in a regulatory filing. All the projects are to be executed within stringent timelines, the filing said. According to Larsen & Toubro's classification, a 'significant order' refers to a project valued between Rs 1,000 crore and Rs 2,500 crore.

Subscribe to enjoy similar stories. MUMBAI : A $15 billion withdrawal by foreign portfolio investors (FPIs)—2025's largest outflow among emerging economies—has sent Indian markets into a tizzy. Dalal Street is on the edge, with the Nifty 50 down by 7% since January.

prime residential space in 2024, followed by 237 sq ft in Hong Kong and 344 sq ft in Singapore, according to a Knight Frank report. In comparison, Mumbai offers 1,066 sq ft, marking a 2.6% decline over the past decade as prices have risen. Bengaluru has also become less affordable, with space purchasable for $1 million decreasing by 9% to 3,617 sq ft. In Delhi, one can buy 2,239 sq ft, up 11% from a decade ago. The Prime International Residential Index (PIRI 100), which tracks luxury property price changes across 100 global cities, has recorded a 3.6% annual increase in 2024. Of these, 80 cities saw either positive or stable price growth. Seoul 18.4%, Manila 17.9%, and Dubai with 16.9% growth led global price appreciation in prime real estate.

Ashutosh Gowariker's son, Konark Gowariker, and Niyati Kanakia got married on March 2 in Mumbai and was attended by the who’s who of Bollywood. From Shah Rukh Khan, Aamir Khan, AR Rahman to Maharashtra Navnirman Sena (MNS) Chief Raj Thackeray, Uddhav Thackeray, Sonali Bendre and others. However, what grabbed everyone’s attention was the presence of former Miss World twinning with her husband at the event. Aishwarya Rai and Abhishek Bachchan made a striking appearance together at Ashutosh Gowariker’s son’s wedding, effortlessly putting their rift rumors to rest. The couple turned heads in their twinning beige ensembles, exuding grace and charm as they attended the grand celebration.

Non-bank lenders and companies could spend less on foreign-currency loans as the Reserve Bank of India's (RBI) $15-billion dollar-rupee swaps, aimed at boosting domestic liquidity, have also helped reduce the benchmark rate used to price currency risks in the country. The Mumbai Interbank Forward Offer Rate (MIFOR), which gauges currency risk when Indian companies bring dollar funds into India, has fallen over the past month after the RBI bought dollars from banks with an agreement to sell them back three years later, indicating the central bank is ready to lend dollars at a cheaper rate to the market.

Subscribe to enjoy similar stories. Coforge Ltd on Tuesday said it has struck a mega 13-year deal worth $1.56 billion with Sabre Corp., a Southlake, Texas-based travel technology company. As part of the deal, Coforge will handle the software product delivery for Sabre and will also execute artificial intelligence-led tasks for the travel technology company.

Aaditya Thackeray on Tuesday demanded the dismissal of the Devendra Fadnavis-led government and imposition of President's rule in Maharashtra in view of the «deteriorating» law and order situation in the state. He was speaking to reporters here in the wake of the resignation of state minister and NCP leader Dhananjay Munde, days after his close aide Walmik Karad was named as the mastermind in the Beed sarpanch murder case. He said only Munde's resignation was not sufficient considering the law and order situation in the state. Deshmukh, the sarpanch of Massajog village in Beed, was abducted, tortured and murdered on December 9 last year allegedly for attempting to stop an extortion bid targeting an energy company in the district. Talking to reporters, Thackeray said, «Resignation (of Munde) is not enough. The government should be dismissed and President's rule should be imposed in the state.» The former minister also cited recent instances of crime against women like the rape of a 26-year old woman in a Maharashtra State Road Transport Corporation (MSRTC) bus in Pune and the setting ablaze of a 17-year-old girl in Mumbai. «Law and order situation in the state has been deteriorating since the last three years. If the government is not dismissed, who will come to Maharashtra for investment, how will citizens be safe?» he asked.

Subscribe to enjoy similar stories. Mumbai: In an era where media consumption is more fragmented than ever, Nielsen, a company that has long been synonymous with audience measurement, finds itself in a race to keep up. Karthik Rao, chief executive of Nielsen, acknowledges the reality check: “The revelation was not about the media landscape—it was about what we need to do to keep pace and get ahead.

Cityflo, a commute service firm, said it is entering Delhi to cater to the daily transit needs of corporate professionals. Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo aims to provide an alternative commuting solution. The company has served over 2.5 million corporate professionals in Mumbai and Hyderabad. «Delhi's commuters are facing challenges with unreliable schedules and subpar vehicle conditions, even from global mobility players. We are here to change that narrative. Our commitment is to provide a dependable, comfortable, and seamless travel experience that professionals can count on every day,” said Jerin Venad, Co-founder and CEO, Cityflo.

BJP on Tuesday slammed the Congress and other opposition parties over Maharashtra Samajwadi Party (SP) president Abu Azmi's remarks about Mughal emperor Aurangzeb and said they could stoop down to any level in their bid to «eradicate» Sanatan Dharma. The BJP's reaction came amid a row over the Maharashtra SP leader allegedly eulogising Aurangzeb in his recent remarks. He said during the Mughal emperor's reign, India's border reached Afghanistan and Burma (Myanmar), and the country was then called a golden sparrow with its GDP then accounting for 24 per cent of the world GDP. Asked about the fight between Aurangzeb and Sambhaji Maharaj, Azmi, an MLA from the Mankhurd Shivaji Nagar constituency in Mumbai, termed it a political battle. BJP national spokesperson Sudhanshu Trivedi also termed Azmi's remarks an «insult to the entire Indian society» and alleged that the opposition INDIA bloc constituents are engaged in a «cut-throat competition» with each other to prove themselves anti-Hindu for minority votes.

Subscribe to enjoy similar stories. It’s called Bad Boy Martini. The cocktail at the restobar For The Record (FTR) in Goa was born last year when its founder and chef, Buland Shukla, had paan cravings and sought to create a Betel Leaf Margarita.

Subscribe to enjoy similar stories. India might be cheaper now than it was four months ago, but Chris Wood, global head of equity strategy at Jefferies, is not just celebrating bargains. He is also keeping a watchful eye on potential risks, particularly redemptions.

Subscribe to enjoy similar stories. A former chairperson of the Securities and Exchange Board of India (Sebi), three current whole-time members (WTMs), a former BSE chairman, and the current BSE managing director and CEO have filed petitions challenging a Mumbai court's order that called for the registration of a first information report (FIR) against them over an allegedly fraudulent listing of a company on BSE. Justice SG Dige of the Bombay High Court set to hear the petitions today.

For IPL 2025, the company has set a revenue target of ₹4,500 crore, up from an estimated ₹4,000 crore earned across TV and digital platforms last year. It has already secured 12 sponsors across multiple categories for the tournament. Media buyers also estimate that the 10 IPL teams could collectively earn up to ₹1,300 crore in team sponsorship revenues, with major franchises like Mumbai Indians, Chennai Super Kings, Gujarat Titans and Royal Challengers Bengaluru potentially earning between ₹100 crore and ₹150 crore each.

Subscribe to enjoy similar stories. Mumbai: General insurers issuing third-party vehicle insurance policies are grappling with rising underwriting costs as inflation and a near three-year pause on rate hikes eat into their business. India mandates third-party vehicle insurance, or liability insurance, for all motorists to cover damages or injuries caused by the policyholder to someone else.