City Mumbai Financial News

03.01 / 17:03

markets Citi Provident Universities cover reports recommendations PNG, CNG consumers to get uniform insurance cover

Subscribe to enjoy similar stories. NEW DELHI : Piped natural gas customers -- both households, industry and CNG vehicle users – are likely to get uniform insurance cover against leaks and other accidents, following a recommendation by the Petroleum & Natural Gas Regulatory Board (PNGRB). In a recent meeting with stakeholders, the regulator noted that it is imperative that piped natural gas (PNG) consumers should also be insured as in the case with liquid petroleum gas (LPG).

03.01 / 16:13

markets UPS IPO Analysis Highways Trade band Capital Infra Trust sets price band at Rs 99-100 per unit; IPO to open next week

infrastructure investment trust sponsored by Gawar Construction Ltd, on Friday said it has fixed a price band of Rs 99-100 per unit for its Rs 1,578-crore initial public offering (IPO). The IPO that opens for public subscription on January 7, will conclude on January 9, the company said in a statement. The public issue of Capital Infra Trust (formerly National Infrastructure Trust) is set to become the first InvIT IPO of 2025.

03.01 / 15:43

UPS film Actor shooting Interviews Relationships Keerthy Suresh says 'I wish he had told me' about Bollywood actors asking Varun Dhawan for her phone number to date her

03.01 / 00:13

markets UPS Pool social information reports A Capitalist Hug for Maoists by Lloyd Metals and Energy

Subscribe to enjoy similar stories. Mumbai: Maoist-troubled Gadchiroli in Maharashtra is not the easiest of places to do business. Chandrapur-headquartered Lloyd Metals and Energy, one of the few companies to venture into the region with an iron ore mine in 2021, has done so with a great degree of success.

03.01 / 00:13

markets Election wellness Trade President Experts show Rupee expected to weaken more in coming months

Subscribe to enjoy similar stories. Mumbai: The rupee is expected to further weaken in the coming months as Trump’s presidency strengthens the dollar at least in the near-term, experts said, adding that the central bank's interventions in the currency market are likely to ease. In 2024, the local currency lost 2.9% but the depreciation was lower than some of the other Asian currencies.

03.01 / 00:13

IPO FIVE Cooper Booking Trade innovations guidelines BharatPe begins stake sale process in Unity SFB, appoints Rothschild

Subscribe to enjoy similar stories. Mumbai: New-age non-bank lender BharatPe is looking to sell anywhere between 10% and 25% stake in Unity Small Finance Bank, depending on buyer interest, two people with knowledge of the development said. The Peak XV-backed fintech firm holds around 49% stake in the small finance bank currently.

02.01 / 11:37

markets UPS security reports Sajjan Jindal attends wedding of Nawaz Sharif's grandson in Lahore

Sajjan Jindal along with his family attended the wedding festivities of the grandson of former Pakistan prime minister Nawaz Sharif in Lahore, a PML-N leader said on Thursday. Jindal, the managing director of JSW Steel, was among 700 local and foreign guests who attended the wedding of Sharif's grandson Zayd Hussain Nawaz at their palatial Jati Umra Raiwind residence in Lahore on Sunday.

02.01 / 10:07

Career Strategy Analysis performer cover recommendations Colleges From a modest start to 10x SIP growth: A 32-year-old’s financial journey

Starting a career often means limited savings or investments. Many prefer to enjoy the present rather than planning for the future. But 32-year-old Pratibha Jadhav from Navi Mumbai is an exception.

02.01 / 08:25

markets Airlines Strategy PAM travelers Updates International After New York, Air India starts non-stop flight between Delhi and Newark

Tata-owned Air India on Thursday started operations from Delhi to New Jersey's Newark through its flagship A350-900 aircraft. This follows Air India’s A350 service on the Delhi-New York (JFK) inaugurated on November 1, 2024.

02.01 / 06:13

markets Citi ETF Strategy Align trends rights India versus global: A balanced approach for NRI investors

Subscribe to enjoy similar stories. MUMBAI : Rohan, a successful non-resident Indian (NRI) tech professional, believed he was taking the right steps toward financial growth by diversifying his investments. Over time, his portfolio expanded to include a rental property in India bought at peak prices, global ETFs (exchange-traded funds) acquired during a bull run, and high-risk debt instruments.

02.01 / 05:45

markets Platform Strategy Food reports Besides food, users also searched for 'girlfriend' and 'dulhan' on Zomato in 2024

Zomato’s annual customer insights report for 2024 highlighted some surprising trends. The platform revealed that 4,940 users searched for «girlfriend» and 40 searched for «dulhan» while using the app. The report provided a snapshot of user behavior and ordering patterns.

02.01 / 04:09

markets Digital Strategy Instagram PAM actress Zerodha's Nikhil Kamath dating Sushant Singh Rajput's ex Rhea Chakraborty? Actress' Insta pics spark rumors

Nikhil Kamath and actress Rhea Chakraborty spent Christmas together in Goa. The rumors started circulating after Rhea shared a series of beach pictures on Instagram, which some users believe were taken in Goa. These pictures followed a sighting of Kamath by a Bengaluru techie in the coastal state. Earlier last year, Rhea was also seen riding a pillion on Nikhil Kamath's bike in Mumbai.

01.01 / 11:11

Career film performer Videos Sporting Who is Aryan Khan's rumoured gf Larissa Bonesi? All about the Brazilian model spotted partying with Shah Rukh Khan's son on New Year's Eve

Shah Rukh Khan’s eldest son, Aryan Khan, stepped into 2025 with style, accompanied by his rumored girlfriend, Brazilian model and actress Larissa Bonesi. The duo was spotted in Mumbai as they attended a New Year’s Eve party hosted by Aryan’s brand, drawing attention with their impeccable style and captivating presence. Aryan Khan donned black pants paired with a classic white t-shirt and a navy-blue jacket.

01.01 / 06:41

markets economy Trade President country information recommendations Should you be wary of metal stocks in 2025?

Subscribe to enjoy similar stories. MUMBAI : While sectors like financials and information technology (IT) are stealing the spotlight with bullish predictions, metals seem to be the market's underdog. Several fund managers either recommend steering clear of the sector or keeping exposure to a minimum.

01.01 / 03:27

markets Citi Digital Aviat Strategy wellness PAM LPG price slashed for 19-kg commercial LPG cylinder price in Delhi, Mumbai and other cities

LPG gas cylinder by Rs 14.5 to Rs 1,804 in the national capital and other metro cities, effective January 1, 2025.

01.01 / 00:47

markets UPS Platform Pool country Sporting chess Gukesh Dommaraju's triumph heralds '83 moment' for chess

Gukesh Dommaraju's crowning as the World Chess Champion has propelled the sport's popularity to new heights in India-livestreams of matches on platforms like YouTube, ChessBase, Chess.com and Lichess.org are drawing record-breaking numbers of Indian viewers.

01.01 / 00:03

markets SUN Analysis electronic reports Indian companies sit on a cash mountain—will shareholders reap the rewards?

Subscribe to enjoy similar stories. A bunch of top companies is hanging on to almost ₹1 trillion of free cash that it has yet to find a use for, according to an analysis done by a proxy advisory firm. A report by Mumbai-based IiAS (Institutional Investor Advisory Services) of the Sensex 500 companies—with a few exclusions—shows that 66 of these companies collectively held ₹2.7 trillion in cash and equivalents at the end of FY24.

01.01 / 00:03

markets Provident Digital Google Platform WhatsApp 2020 NPCI extends deadline for compliance with UPI volume cap by 2 years

Subscribe to enjoy similar stories. Mumbai: In a move that will bring relief to apps providing UPI services, the National Payments Corporation of India (NPCI) has extended by two years the deadline for third-party application providers (TPAPs) to comply with limits on UPI transaction volumes processed by them. The retail payments regulator also eased restrictions on WhatsApp Pay and allowed it to extend its services to all its users.

31.12 / 18:29

IPO Platform economy Celebrity performer social Videos When a bullock cart saved a Ferrari: Supercar's misadventure at Revdanda beach goes viral. Watch video

31.12 / 13:15

markets Citi Strategy Experts performer Mumbai property market scales new peak in 2024, records best-ever performance

31.12 / 12:57

markets UPS security Research Healthcare electronic reports India’s K-shaped story: Will the script change in 2025?

Subscribe to enjoy similar stories. Mumbai: What do the iPhone and Indian stocks have in common? Quite a few things. For starters, both are in fashion to own, no matter what their prices are.

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