City Mumbai Financial News

Subscribe to enjoy similar stories. With Golden quadrilateral of high speed train network in mind, Vaishnaw says Railways to work on new bullet train corridors in North, East and South as proposed in BJP manifesto The government proposes to expand the coverage of high-speed trains, laying the ground for them to run on new routes along the lines of the golden quadrilateral highway network.

Sebi) plans to introduce a trading window for soon-to-be-listed shares to curb unofficial grey market transactions between the closing day of the initial public offerings (IPOs) and the listing day, said chairperson Madhabi Puri Buch. Speaking at an event in Mumbai on Tuesday, Buch said, Sebi aims to create a structured and regulated platform for securities trading within a controlled framework, eliminating the need for informal market practices.

Chinese Foreign Ministry said on Tuesday. The ministry was reacting to External Affairs Minister S Jaishankar's recent remarks that the India-China relationship is trying to disentangle itself from the complications arising from the post-2020 border situation and more thought needs to be given to the longer-term evolution of the ties.

X10 Financial Services Ltd, a non-banking financial company (NBFC), due to irregularity in its digital lending operations. The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, XNP Technology, Yarlung Technology, Xinrui International, Omelette Technology, Mad-Elephant Network Technology and Huidatech Technology.

Infosys co-founder Narayana Murthy has revisited his stance, emphasizing that no one should be forced into long working hours. Murthy explained that such decisions should be a matter of personal introspection rather than societal imposition.

Indian Institute of Technology Guwahati hosted the PanIIT World of Technology (PIWOT) Meet 2025, a event showcasing innovative solutions addressing real-world challenges, with a special emphasis on uplifting rural communities.

Subscribe to enjoy similar stories. Applying for a visa to Europe’s border-free Schengen zone can be a humbling experience. “One must set aside ego," says an applicant from Bangalore.

Oberoi Realty shares will be in the spotlight on Tuesday, 21 January, after the company reported a 71.70% year-on-year (YoY) increase in net profit for Q3 FY25, reaching Rs 618.38 crore, up from Rs 360.15 crore in Q3 FY24. The Mumbai-based real estate firm's consolidated revenue from operations stood at Rs 1,411.08 crore for Q3 FY25, a 33.92% YoY rise from Rs 1,053.64 crore in Q3 FY24. On a sequential basis, revenue grew by 7%.

Devendra Fadnavis on Monday met Klaus Schwab, the founder and chairman of the World Economic Forum (WEF) in Davos.

on-demand home services, has raised $5.5 million in its Series A funding round.

Subscribe to enjoy similar stories. Bengaluru: Quick-commerce platform Zepto's new head office in Bengaluru will be managed by Smartworks Coworking Spaces Ltd, a flexible workspace operator, said two people familiar with the matter. Also Read | Zepto to file IPO draft papers by March-April as it transitions to marketplace model The startup, which is shifting base from Mumbai, is expected to move into its new office in April.

Hexaware Technologies filed its DRHP in September last year and plans to raise Rs 9,950 crore through the IPO, which will entirely be an offer for sale from CA Magnum Holdings, an affiliate of private equity firm Carlyle Group.

Infosys, on Monday shared his insights on 'Compassionate Capitalism' at the Kalichand Memorial Lecture in Mumbai. During his speech, the 78-year-old said, the question of stark poverty and inequity in India has been troubling him right from that day when he spent lonely, hungry, cold, angry, and introspective 21 hours in the goods compartment on a freight train from Nis in now Serbia to Istanbul, way back in 1974 on his hitchhiking trip, returning back to India after his job in Paris.

World Pickleball League (WPL) is all set to kick off. Bringing the dynamic sport to fans across the country, FanCode will exclusively live stream all matches from the tournament.

Subscribe to enjoy similar stories. Bengaluru/Mumbai: Private equity firm Multiples is looking to launch a $300-400 million continuation fund to remain invested in three of its portfolio companies, three people familiar with the matter told Mint. "The assets include Vastu Housing Finance, APAC Financial Services Pvt Ltd and Quantiphi," one of the people cited above said.

Mumbai police will likely recreate the crime scene at the Bandra home of Bollywood actor Saif Ali Khan, who was repeatedly stabbed by an intruder, an official said. The accused in the high-profile case, a 30-year-old Bangladeshi man, was arrested on Sunday morning from neighbouring Thane city.

Angel One may remain in focus on Monday, January 20 as today is the last day to buy the shares of the company to qualify for the Rs 11 dividend announced by the company. “We would like to inform you that the Board of Directors of the Company at its meeting held today i.e. January 13, 2025 at Maple Conference Room, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai-400093 which commenced at 02.50 p.m. and ended at 06.25 p.m. have inter alia, approved and taken on record the following: The Board has declared 1 st Interim Dividend for the Financial Year 2024-25 at the rate of Rs. 11 .00/- per share on equity shares having face value of Rs. 10 per share, as on the Record date,” Angel One stated in its filing to the exchanges.

Subscribe to enjoy similar stories. India's early-stage consumer brands in the premium segment are eyeing international expansion much earlier in their journey this year, targeting global markets where demand for expensive products outpaces purchases back home.

Subscribe to enjoy similar stories. Bengaluru: Shorter deal tenures, more frequent renewals—that is the scenario India’s top software services companies are likely to face going forward. Independent experts said the shorter tenures are a result of economic uncertainty in advanced markets and the fast-changing nature of modern technologies, and could pose challenges to the IT services companies.