City Mumbai Financial News

Lilavati Hospital & Research Centre said it will be investing Rs 800 crore on the proposed 300 bed state-of-the-art cancer hospital in the upscale Bandra, Mumbai.

Ram Gopal Varma was sentenced to three months in jail by a court in Mumbai on Thursday in connection with a cheque bounce case.

stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Fervent Syn(19.96%) and Tirupati Sarjan(15.05%).

Infra.Market has raised Rs 1,050 crore ($127.3 million) in its pre-IPO funding round as it gears up for a stock market listing later this year, according to a regulatory filing with the Registrar of Companies.

Infra.Market has secured Rs 1,050 crore in its pre-IPO funding round as it is gearing up for a public listing later in the year, according to a regulatory filing with the Registrar of Companies (RoC). With this funding round, the company's estimated valuation has reached Rs 24,147 crore. The round witnessed participation from several prominent investors, including Tiger Global, Evolvence, Foundamental GmbH, Ashish Kacholia, Nikhil Kamath, Abhijit Pai, Sumeet Kanwar, Nuvama and CapriGlobal.

real estate fund for making investments in office assets across major cities in India. The NCW is a Joint Venture (JV) between wealth management firm Nuvama Asset Management and global real estate consultant Cushman & Wakefield.

Subscribe to enjoy similar stories. MUMBAI : Private equity (PE) firm Jashvik Capital Advisory Llp is acquiring a majority stake in Smart Vision Eye Specialities Pvt. Ltd, a Hyderabad-based eye care hospital chain, said a person close to the deal.

MUMBAI: Avir Tiwari's wallet was so full that it couldn’t take it anymore. For the six-month-old boy, it wasn’t particularly a bad situation.

Venue : Bandra Kurla Complex Sharad Pawar Cricket Academy, Mumbai Mumbai squad - Ajinkya Rahane, Angkrish Raghuvanshi, Ayush Mhatre, Prithvi Shaw, Rohit Sharma, Shreyas Iyer, Siddhesh Lad, Suryakumar Yadav, Suryansh Shedge, Yashasvi Jaiswal, Shams Mulani, Shivam Dube, Tanush Kotian, Akash Anand, Hardik Tamore, Siddhant Aadhhathrao, Himanshu Singh, Karsh Kothari, Mohammad Juned Khan, Mohit Avasthi, Royston Dias, Shardul Thakur, Sylvester D Souza Jammu and Kashmir squad - Abdul Samad, Abhinav Puri, Ahmed Banday, Musaif Ajaz, Paras Dogra, Qamran Iqbal, Shubham Khajuria, Shubham Pundir, Vivrant Sharma, Abid Mushtaq, Lone Nasir, Sahil Lotra, Fazil Rashid, Shivansh Sharma, Auqib Nabi, Rasikh Salam, Rohit Sharma, Umar Nazir Mir, Umran Malik, Waseem Bashir, Yudhvir Singh Mumbai vs Jammu and Kashmir Match Details Match 97 of Ranji Trophy, 2024/25 between Mumbai and Jammu and Kashmir to be held at Bandra Kurla Complex Sharad Pawar Cricket Academy, Mumbai at 09:30 AM.

Gokaldas Exports (GEL) voted against four special resolutions related to the company's employee stock ownership plans (ESOPs), including a proposal to grant ESOPs exceeding 1% of equity to its managing director and vice chairperson Sivaramakrishnan Ganapathi. Although 63% of participating shareholders supported the resolutions, 37% voted against them. As these were special resolutions, they required at least three times more votes in favour than against to pass, which was not achieved.

Gold prices crossed the ₹80,000/10 gm mark for the first time Wednesday, data from the top industry body showed, underscoring renewed safe-haven demand for the metal from investors riled by anticipated uncertainty in the securities markets in the immediate aftermath of a seemingly disruptive Donald Trump presidency. A dollar retreat globally has also helped prices head north. The metal closed at ₹80,194 per 10 gms for 24-carat in the physical market, data from the India Bullion and Jewellers Association (IBJA) showed. A weakening dollar and bullion's enduring safe-haven allure with investors have helped prices harden, said IBJA and the bullion trade, although prospects of retail jewellery purchases through the remainder of the wedding season have become rather circumspect after the price increases.

Subscribe to enjoy similar stories. Mumbai: Smartphone care and warranty provider Servify is in early talks with venture capital and private equity firms to raise $100 million, before it joins the swelling crowd of startups rushing to the public markets. The Mumbai-based startup is eyeing the fundraise at a potential valuation of $1 billion, as it prepares for an initial public offering of shares in 24 months, said two people with knowledge of the development, requesting not to be identified.

Subscribe to enjoy similar stories. Mumbai: The stock market regulator is examining a potential violation of the Companies Act by HDB Financial Services 17 years ago as the non-bank lender prepares for a $1.5 billion initial public offering (IPO), three people aware of the matter said. The Securities and Exchange Board of India (Sebi) found that the lender in 2008 issued shares to more than 50 employees of its parent HDFC Bank through a private placement, one of the three people said.

Subscribe to enjoy similar stories. New Delhi: India’s dry fruits industry lobby has urged the government to lower tariffs on walnut imports, cut goods and services tax (GST) for the sector and introduce production-linked incentives (PLI) in the upcoming Union Budget.

Forensic Science Laboratory at Kalina in Mumbai will examine key pieces of evidence seized by the police investigating actor Saif Ali Khan knife attack case, officials said on Wednesday. Police on Sunday arrested the attacker, identified as Bangladeshi national Shareeful Islam Shehzad Mohammad Rohilla Amin Fakir, for stabbing Khan at his Bandra apartment on January 16 during a burglary bid.

Subscribe to enjoy similar stories. The drone industry, one of India’s sunrise sectors, wants the government to increase allocations under the Production Linked Incentive (PLI) scheme in the upcoming Union Budget for 2025-26. In September 2021, the government announced a PLI scheme for the drone sector for a period of three years with a total financial outlay of ₹120 crore.

Nuts and Dry Fruits Council of India (NDFC) on Wednesday urged the government to rationalise walnut import duty on a per-kilogram basis, reduce GST to 5 per cent, and introduce a production-linked incentive scheme for the sector in its pre-budget proposals. India's dry fruits market is projected to hit USD 12 billion by 2029, growing at 18 per cent CAGR, according to the industry body.

Air India on Wednesday AI-driven feature, eZ Booking, aimed at revolutionizing the ticket reservation process.

Subscribe to enjoy similar stories. Shares of Oberoi Realty Ltd are on a shaky ground, plummeting 13% in the past two trading sessions. The fact that sales momentum did not sustain in its marquee project Three Sixty West located at Worli in Mumbai and other projects has weighed heavily on sentiment.