City Mumbai Financial News

BCCI has convened a Special General Meeting (SGM) in Mumbai on March 1 to appoint a new joint secretary after the position was left vacant following the elevation of Devjit Saikia to the post of the board's secretary. Assam Cricket Association's (ACA) Saikia had succeeded Jay Shah in the secretary's position last month, after the latter took over as the chairman of the International Cricket Council (ICC) on December 1.

Subscribe to enjoy similar stories. Five minutes before she walked on to the court for her first WTA Tour main draw match, Maaya Rajeshwaran Revathi learnt about the change of opponents. Rather than UK’s Yuriko Miyazaki, who pulled out due to illness, she would be playing Iryna Shymanovich of Belarus.

Akshay Kumar and his wife Twinkle Khanna have sold a luxury apartment in a super-premium residential tower in Mumbai’s plush Worli locality for Rs 80 crore.

Subscribe to enjoy similar stories. New Delhi: New York’s iconic Metropolitan Museum of Art is deepening its ties with India’s booming contemporary art scene to add to its already vast collection of 4,000 pieces of Indian art. Max Hollein, chief executive of the $6 billion institution, recently visited India with an eye on the country’s contemporary art that’s been gaining global attention recently.

Bryan Johnson, the American tech billionaire known for his anti-ageing project, recently made headlines after cutting short an interview with Nikhil Kamath, co-founder of Zerodha, citing discomfort due to the air quality in India. During the podcast WTF is, he explained that he experienced irritation in his eyes and throat from the air. In response, Nikhil’s brother, Nithin Kamath, who is the founder and CEO of Zerodha, shared his thoughts on the incident.

Deepika Padukone backed women’s wellness and hygiene brand Nua has raised Rs 35 crore in a funding round led by Mirabilis Investment Trust.

Subscribe to enjoy similar stories. MUMBAI : One of India’s largest renewable power generators, Tata Power, has not participated in the country's nascent International Renewable Energy Certificates (IRECs) market—considered an alternative to carbon credits—citing a lack of buyers. Praveer Sinha, Tata Power's managing director and chief executive officer, said policy intervention—in terms of target-based incentives and disincentives—is a must to breathe life into the IREC and carbon credit market in India.

Subscribe to enjoy similar stories. MUMBAI : Foreign portfolio investors (FPIs) had amassed a record 153,404 short contracts on Nifty and Bank Nifty futures as of Tuesday, a day before the Reserve Bank of India’s Monetary Policy Committee (MPC) begins its three-day meeting (5-7 February).

Enforcement Directorate Wednesday said it has filed a fresh chargesheet in the National Spot Exchange Limited (NSEL)-linked money laundering investigation. The prosecution complaint was filed on January 28 before a special Prevention of Money Laundering Act (PMLA) court in Mumbai against 19 broking entities and their directors for allegedly colluding with NSEL officials to «allure» investors to trade on this platform, the federal agency said in a statement.

Subscribe to enjoy similar stories. The humble tie, once a part of everyday dressing, was long considered dead, with the blurring of lines between personal and professional lives and the work-from-home days of covid. But now, it seems the tie is making a comeback as an accessory to signify individuality for any gender, becoming a bigger part of ready to wear instead of formal wear.

Priyanka Chopra, who resides in Los Angeles, always manages to create a buzz whenever she visits India. Her presence is met with excitement from fans eager to catch a glimpse of her, while photographers hustle to capture her every move. Known for her gracious demeanor, Priyanka often engages warmly with the paparazzi, maintaining her status as a favorite among them. She is currently in India filming her upcoming project, SSBM29.

Ashok Piramal Group's Morarjee Textiles has received three bids to take over the company in a court monitored bankruptcy process, people familiar with the details said. Morarjee owes creditors, led by Indian Bank, ₹760 crore.

Vyacheslav Volodin, the Chairman of State Duma, the Lower House of Russia's Parliament, on Tuesday said the bilateral trade between India and his country will reach USD 100 billion by 2030.

Subscribe to enjoy similar stories. MUMBAI : The Indian edtech players are expected to integrate traditional education approaches with educational technology as the ecosystem matures following the post-pandemic boom, top executives at edtech-focused venture capital firm GSV Ventures told Mint. “The ecosystem in learning and skills is now being viewed as more than just edtech," said Deborah Quazzo, managing partner of the US-based venture capital firm, in an interview on the sidelines of the ASU+GSV and Emeritus Summit in Gurugram. “It now includes large site-based education players, universities, and corporate entities—because you need more than just edtech to make it real." This marks a shift from the massive post-pandemic edtech boom that saw edtech players like Byju’s, Unacademy, and Physics Wallah, among others, come of age in the country.

Shantanu Naidu, who worked with Ratan Tata before he passed away in 2024, has announced through his LinkedIn account that he will be starting a new position in the company.

Central Railway's main line were disrupted on Tuesday morning due to a technical snag in the signalling system near Mumbai, officials said. Suburban trains, considered as the lifeline of Mumbai, were running late by at least 15-20 minutes due to the problem that occurred on the south-bound slow track between Diva and Mumbra railway stations in neighbouring Thane district at 4.55 am, they said.

Bill Winters, chief executive officer of Standard Chartered Plc, will visit India this week as the London-based lender seeks to bolster its presence in the South Asian country.

cricket legends including Chris Gayle, Makhaya Ntini and Monty Panesar joined the inaugural season of International Masters League on Monday.

Subscribe to enjoy similar stories. MUMBAI : New products, innovations, and technological advancements in the banking sector have heightened the need for stronger customer protection measures, particularly in the light of emerging threats and malpractices, said the Reserve Bank of India’s (RBI) 2023-24 annual report for the Integrated Ombudsman Scheme. The scheme, launched in November 2021, covers commercial banks, regional rural banks, primary (urban) cooperative banks, non-banking financial companies (NBFCs) that are authorized to accept deposits or have assets of more than ₹100 crore, payment system participants, and credit information companies.

NEW DELHI: Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank revised the terms and conditions, raising the fee waiver threshold from ₹15 lakh to ₹25 lakh. Kahate was exempt from the revision for one year as the changes applied to cards issued after September 2023.

Budget was like a well-cooked thali-a fine balance of flavours, keeping continuity while adding a few spicy new elements to match market realities. The larger vision of Viksit Bharat remained intact, and the finance minister has been handling the economic reins well-sometimes nudging MSMEs forward, sometimes giving the middle class a well-deserved push, all the while keeping the fiscal deficit beast in check.