City Mumbai Financial News

Subscribe to enjoy similar stories. Bengaluru: Nobel Hygiene, a maker of diapers, maternity pads and other such products, is in talks to raise ₹150-200 crore in a funding round led by the investment arm of Neo Asset Management, three people familiar with the matter told Mint. The company plans to use the funds for expansion, one of them said, without providing more details on the valuation.

National Company Law Appellate Tribunal (NCLAT) has dismissed a plea to stay the insolvency proceedings against debt-ridden thermal power producer Indrajit Power. The appellate tribunal said «no error has been committed» by the National Company Law Tribunal (NCLT), while admitting the plea to initiate insolvency proceedings against the Maharashtra-based company on February 1, 2024, filed by Yes Bank. The said order passed by the Mumbai bench of NCLT was challenged by Rajiv Munjal, a director from the suspended board of Indrajit Power, before the NCLAT. However, NCLAT upheld the NCLT order observing that it admitted the insolvency plea after finding debt and default which is not even questioned in the appeal filed by the suspended board.

Subscribe to enjoy similar stories. At 5 pm today, the Little Theatre at the National Centre for Performing Arts will be screening an evocative film, Lovely Villa: Architecture as Autobiography, directed by Rohan Shivkumar. It is a testament to the fact that every house is a vessel for the experiences of the people who have inhabited it in the past, and those who will dwell there in the future.

Subscribe to enjoy similar stories. In 2022, Shampa Kabi, a graphic designer based in Mumbai, left her job with an art gallery and decided to start a small business. It was the last stretch of the covid-19 pandemic and most of the world was reeling from the aftermath of the lockdowns.

BCCI in an over two-hour long meeting with under-fire skipper Rohit Sharma and head coach Gautam Gambhir on Sunday but the Board decided against any knee-jerk response to the debacle that was largely blamed on the poor form of senior players. The meeting was held at a five-star facility in Mumbai and BCCI President Roger Binny and secretary elect Devajit Saikia were in attendance along with Rohit and Gambhir. «There was a detailed discussion on the Border Gavaskar Trophy performance and what all went wrong and the course correction required. But do not expect a hurried decision from the new dispensation of BCCI,» a source privy to developments in the Board told PTI on conditions of anonymity.

restaurant. «And even that could be avoided by showing up early in the morning.» But those days are a distant memory. Across major metros like Bengaluru, Mumbai, and Delhi, a new wave of experiential dining has emerged, creating a storm of exclusivity and FOMO or the fear of missing out. With limited seating, these restaurants have naturally cultivated a «book early or miss out» culture that appeals to diners craving unique culinary escapades. For many, the challenge of securing a reservation only heightens the allure.

Congress that if the opposition alliance is broken will not be able to join together again, the Uddhav Balasaheb Thackeray Sena on Saturday announced that they would be fighting the Mumbai, Thane,Pune, Nagpur and all other municipal and other local body polls on their own and not in an alliance with its allies Congress and Sharad Pawar's Nationalist Congress Party. «We have decided that for all the local municipal elections from Mumbai to Nagpur we will be going solo. Whatever happens we will see.»said Sanjay Raut Rajya Sabha MP of the UBT Sena. Raut said that the UBT had decided to fight on its own as it wants to expand its party and feels that if the party goes into an alliance with the Congress and NCPSP for the local body polls it would mean lesser seats for its grassroot workers. «When would our grass root workers get an opportunity to fight elections? Hence all local body polls like Municipal Polls,zilla parishad and Panchayat polls would be contested by our party independently.»said Raut.

So, when a statue does strike me as being, well, striking, I'm not only delighted, but also stand for minutes on end to admire such wonderful anomalies in stone. As I did recently when I was staying in the Fort area of Mumbai and chanced upon a figure reading a book on top of a cupola held up by a two-storeyed, many-pillared, intricately carved structure. Even in the busy gol chakkar of P D'Mello Road and Mint Road, with his pedestal crisscrossed by lawless electric lines and tres anar-chic pigeons trying their damndest best to make him look up from his book, the figure — on closer inspection, a boy — is unperturbed, utterly immersed. His right hand holds the book as if it's a Kindle. His left hand to his side is balled up in a fist as if reacting to a particularly riveting, or even disturbing, passage.

Shark Tank India has returned for its fourth season on Sony Entertainment Television. The Indian version of the popular American show is also available for streaming on SonyLIV and OTTplay Premium. The format remains the same, where aspiring entrepreneurs pitch their business ideas to a panel of investors, hoping to secure funding. In the latest episode, Kiran Shah, an entrepreneur, presented his no-sugar ice cream brand, Go Zero, and sought a Rs 1 crore investment in exchange for equity. Entrepreneur Kiran Shah introduced his no-sugar ice cream brand, Go Zero, to the Sharks. Shah asked for a Rs 1 crore investment in his business. Go Zero has gained significant popularity with its unique products over the last 50 years, and the parent brand, Apsara Ice Creams, is well-known as one of the leading ice cream chains in Mumbai. Seeing a growing demand for zero-sugar products, Kiran and his team decided to expand their business, leading them to pitch the new venture on Shark Tank India. Kiran valued his ice cream business at Rs 100 crore and asked for Rs 1 crore in exchange for 1 per cent equity. With his pitch, he managed to capture the interest of all the Sharks, including Anupam Mittal, who is lactose intolerant. Kiran shared his goal of generating Rs 33 crore in revenue within the year, showcasing his ambitious vision for the brand's growth.

Subscribe to enjoy similar stories. A series of paintings on showcase at DAG, Mumbai, showcase Bombay’s transformation from a colonial centre and a major port into the megapolis that we know as Mumbai today. Titled ‘Once Upon a Time in Bombay’, the exhibition, which opened as part of the Mumbai Gallery Weekend, chronicles the city’s evolving landscapes through the 19th and 20th centuries.

Honey Singh is back! The popular singer and rapper has officially announced his Millionaire India Tour 2025, and tickets went live on January 11 at 2 pm. If you’ve been waiting for this moment, now's your chance to grab those tickets! The concert will take place in 10 cities across India, including Mumbai on February 22, Lucknow on February 28, Delhi on March 1, Indore on March 8, Pune on March 14, Ahmedabad on March 15, Bengaluru on March 22, Chandigarh on March 23, Jaipur on March 29, and wrapping up in Kolkata on April 5.

Aditya Birla Sun Life Mutual Fund (MF), ICICI Prudential MF, HDFC MF, Kotak MF, Mirae Asset MF, Tata MF, Birla Sunlife Insurance, Max Life Insurance, Abu Dhabi Investment Authority, Nomura, Goldman Sachs, Al Mehwar Commercial Investments and Natixis Investment Managers, among others, have been allotted shares in the anchor round.

Tiku Talsania, 70, suffered a severe heart attack on Friday, January 10, and is currently undergoing treatment at Kokilaben Dhirubhai Ambani Hospital in Mumbai. A stalwart of Indian cinema and television, Talsania has carved a niche for himself with his impeccable comic timing and memorable roles. He rose to prominence through classic Bollywood comedies such as Andaz Apna Apna, Ishq, Jodi No. 1, and Partner. His versatility as an actor also led to performances alongside industry giants, including Shah Rukh Khan in the critically acclaimed Devdas. Beyond films, Tiku Talsania made significant contributions to Indian television, appearing in popular shows like Sajan Re Phir Jhoot Mat Bolo, Yeh Chanda Kanoon Hai, Ek Se Badhkar Ek, and Zamana Badal Gaya Hai. His performances in these serials further established him as a beloved figure in the entertainment industry, adored by audiences for his humor and charisma.

digital arrest scam and lost more than Rs 1.2 crore between December 21 and January 3. In a desperate attempt to pay the fraudsters, she even took out a loan of Rs 40 lakh after they drained her savings. According to a TOI report, Keerthana (name changed), from east Bengaluru, lodged a complaint with the East CEN Crime police, revealing that the scam began on December 11 when she received an IVR call from a number (+971 71518333) claiming to be from the courier service ‘DHL’. Following the instructions, she spoke to someone pretending to be a courier executive, who told her that a parcel sent in her name contained six fake passports, ATM cards, and illegal drugs like MDMA. Keerthana explained that she hadn't ordered any such parcel. She was then told that she needed to go to Mumbai to clear the matter with the police. When she expressed that she couldn't immediately travel, the fraudster connected her to someone posing as «Sunil Dutt Dubey», a police officer from Mumbai's crime team.

Subscribe to enjoy similar stories. For some years now, the Mumbai Gallery Weekend has kickstarted the art season. In 2025 too, the annual cultural fixture is back with 33 participating galleries and a host of new shows.

Subscribe to enjoy similar stories. Temperance in the world of cocktails implies drinking with restraint or in moderation. Bartender Pawan Rawat chanced upon the word while crafting the menu for the new bar Hitchens in Mumbai, and adopted it as the name for the zero-proof drinks section.

Gold discounts in India rose this week as consumers refrained from buying as local prices hit a month's high, whereas the upcoming Lunar New Year festival stimulated gold buying activity in other major Asian markets. Indian dealers offered a discount of up to $17 an ounce to official domestic prices, inclusive of 6% import and 3% sales levies, up from the last week's discount of $14 an ounce. «Prices are high, so buyers are holding off on purchases. Anyway, the inauspicious Khar Mass (month in Hindu calendar) is still going on,» an Ahmedabad-based jeweller said.

smaller cities showing a strong appetite for crypto adoption. Interestingly, Jaipur secured the sixth spot on the top 10 list after Delhi-NCR, Bengaluru, Mumbai, Hyderabad, and Pune. A significant majority of crypto investors in India (75%) are under the age of 35 Given that about 65% of the country's total population is under 35 years of age, crypto presents a huge opportunity for investments. This evolving crypto tale is shaped by the global crypto narrative where it is no longer just a buzzword—it’s a global financial movement reshaping economies and creating unprecedented opportunities. The year 2024 ended on a high note for crypto investors, with Bitcoin outshining traditional investments such as stocks, bonds, and gold, delivering a staggering 140% annual return. Starting the past year at $42,000, it soared past $100,000 in December, hitting a record $108,268

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, Panther Industrial Products Ltd.(57.47%), Parsharti Invst(19.99%) and Kamdhenu (15.05%).

Oban Fashions Pvt Ltd, a wholly-owned subsidiary of listed Knitwear brands Rupa & Co Ltd under the Corporate Insolvency Resolution Process (CIRP) in an application filed by its operational creditor Sunrise Knitting Mills Pvt Ltd.

cybersecurity firm Rubrik, signalling strong demand for premium workspaces. In a regulatory filing on Thursday, the company informed that it has signed an Agreement to Lease (ATL) with Rubrik at 'Embassy TechVillage' project in Bengaluru.