City Mumbai Financial News

Pulwama terror attack to extort money from a Hyderabad-based IT professional. The victim, a 29-year-old woman residing in Gachibowli, was recently swindled of Rs 2 lakh after fraudsters threatened her with a seven-year jail sentence and a fine of Rs 20 lakh, claiming that her accounts were linked to the perpetrators of the deadly attack that claimed the lives of 44 CRPF personnel. According to the Cyberabad police, the victim first received a call from an unknown number claiming that a parcel addressed to her had been returned to a FedEx office in Mumbai due to its suspected illegal nature.

money laundering case against a website that allegedly indulged in online betting on 2023 Lok Sabha election results apart from an illegal broadcast of IPL cricket matches, the agency said on Monday. A provisional order under the Prevention of Money Laundering Act (PMLA) was issued last week (November 22) to attach demat account holdings and immovable assets like land plots, flats and commercial warehouses located at Ajmer (Rajasthan), Kutch (Gujarat), Daman, Thane and Mumbai (Maharashtra) in the case against the portal named Fairplay, it said in a statement. The central agency said Fairplay was involved in «illegal broadcasting of cricket/IPL matches and various online betting activities including results of Lok Sabha Elections 2024.» The total value of these assets is Rs 219.66 crore, the ED said.

Subscribe to enjoy similar stories. The thumping victory of the Bharatiya Janata Party and its allies (Mahayuti) in Maharashtra assembly election means political stability with more synchronization of economic policies between the Centre and the state. The Mahayuti coalition’s promise of increased focus on planned urban development in Mumbai bodes well for real estate developers, construction, and infrastructure stocks.

A total of 84 players were up for grabs on day 1, of which 72 were sold to respective franchises, with Rishabh Pant, Shreyas Iyer and Venkatesh Iyer becoming the three most expensive buys of the season. Teams like Royal Challengers Bengaluru, Mumbai Indians, Chennai Super Kings, Kolkata Knight Riders, Sunrisers Hyderabad, and Delhi Capitals are set to participate in the high-stakes bidding frenzy, once again. Several marquee players like Faf du Plessis, Rovman Powell, Kane Williamson and Bhuvneshwar Kumar are featured in the list of cricketers who may go under the hammer.

Venue : Bandra Kurla Complex Sharad Pawar Cricket Academy, Mumbai Jharkhand squad - Kumar Deobrat, Sharandeep Singh, Virat Singh, Anukul Roy, Ravi Yadav, Shikhar Mohan, Utkarsh Singh, Vivekanand Tiwari, Ishan Kishan, Kumar Kushagra, Pankaj Kumar, Robin Minz, Bal Krishna, Manishi, Sushant Mishra, Varun Aaron, Vikas Kumar, Vikash Singh Manipur squad - Johnson Singh, Kangabam Priyojit, Soubam Rohit Singh, Chingakham Bidash, Lamabam Jotin Singh, Pheiroijam Singh, Rex Rajkumar, Sougrakpam Singh, Ahmed Shah, Al Bashid Muhammed, Ulenyai Khwairakpam, Bishworjit Konthoujam, L Kishan Singha, Lamabam Singh, Somorjit Salam Jharkhand vs Manipur Match Details Match 21 of Syed Mushtaq Ali Trophy, 2024 between Jharkhand and Manipur to be held at Bandra Kurla Complex Sharad Pawar Cricket Academy, Mumbai at 09:00 AM.

Subscribe to enjoy similar stories. Mumbai: Stock market engines that roared back on Friday may gather more steam this week, after the Bharatiya Janata Party-led alliance scored a runaway victory in the Maharashtra assembly elections. However, market participants warned that a short covering-led rally could prompt investors singed by the recent correction to cut losses, potentially limiting the life of the rebound.

Subscribe to enjoy similar stories. Mumbai: Two days before a US court indicted senior officials of Adani Green Energy for allegedly bribing Indian state government officials to secure lucrative power contracts, bulls on two of the group companies' derivatives counters slashed their long positions, saving them from massive losses that hit the group shares after the news broke. A report of the allegations, dismissed as "baseless" by the Adani Group, surfaced early on Thursday morning, leaving investors with a ₹2.24-trillion hole in their pockets at the end of the day.

financial services and investment management firm State Street Corporation has picked up an entire commercial office tower near Mumbai's business district Bandra-Kurla Complex (BKC) from Brookfield Properties through a long-term lease of around 10 years, said people with direct knowledge of the development. The company will be paying a total rental of more than Rs 350 crore for the office spread over around 250,000 sq ft through the entire lease tenure. The Boston-based company has leased the office space spread across the ground plus six-storey tower, which is part of a 10-acre commercial complex Equinox Business Park, to set up its global capability center (GCC) serving clients globally.

Bryan Johnson has stated he will be visiting Mumbai and Bengaluru in December in a bid to spread awareness about his book and community, «Don't Die,» aimed at defeating mortality and promoting prosperity. The millionaire made this announcement on social media platform X, formerly known as Twitter. What surprised people that the tech entrepreneur mentioned model and reality TV star Poonam Pandey in his post and also tagged her. Bryan Johnson stated that she is the only one in India who truly believes in his idea. ALSO READ: Tech millionaire Bryan Johnson's face ‘blows up’ after anti-ageing experiment goes horribly wrong. See pics

AR Rahman’s ex-wife, Saira Banu, has issued a statement urging the media and public to stop tarnishing his reputation. This comes five days after the couple publicly announced their separation via social media and requested privacy during this time. In her statement, Saira expressed her love and respect for Rahman and called him the “best man in the world”. She further appealed to YouTubers and media outlets to avoid making hurtful remarks about him or their family. Saira Banu has been living in Mumbai for several months for medical treatment. In an audio statement, she mentioned that her health issues had necessitated her temporary move away from Chennai. She emphasised that this distance was a personal choice related to her health and not indicative of any discord between her and Rahman. She also mentioned that her health was the “reason” why she wanted to “take a break from AR.” She further urged the media and YouTubers to not say anything bad against him.

Mahayuti alliance achieved a decisive victory in the 2024 Maharashtra assembly elections, securing 231 of the 288 constituencies. The coalition, led by Shiv Sena's Eknath Shinde, Deputy Chief Ministers Devendra Fadnavis (BJP) and Ajit Pawar (NCP), is set to retain control of the state government. The opposition Maha Vikas Aghadi (MVA) managed to win or lead in only 50 seats, marking a significant setback for the alliance of the Congress, NCP (Sharad Pawar faction), and Uddhav Thackeray's Shiv Sena faction.

Subscribe to enjoy similar stories. Chef Gaggan Anand calls his travels around the world his “best R&D". For him, travelling is less about checking off touristy places, and more about discovering new tastes, flavours and ingredients.

Shreyas Iyer continued his red-hot form in domestic cricket as he smashed a blistering century for Mumbai during their Syed Mushtaq Ali Trophy opener against Goa at Hyderabad's Gymkhana Ground on Saturday.

NCP leader Ajit Pawar's wife, Sunetra Pawar, on Saturday expressed her gratitude towards the people of Baramati for extending their support as NCP leader Ajit Pawar leads in the assembly constituency there.

Fahad Ahmad, husband of actress Swara Bhakar, is leading in Maharashtra's Anushakti Nagar assembly seat in the vote count. He is followed by Sana Malik, daughter of former MLA Nawab Malik.

Prime Minister Narendra Modi, Union Home Minister Amit Shah, and Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra have actively campaigned, reflecting the significance of these elections. Of the 288 seats, 234 are in the general category, while 29 and 25 are reserved for Scheduled Castes and Scheduled Tribes, respectively. As per the state electoral office, 4,140 candidates remain in the fray after 2,938 withdrawals from 7,078 valid nominations.

Maha Vikas Aghadi (MVA) and the Mahayuti alliance are leaving no stone unturned to secure their positions. Elaborate measures, including booking five-star hotels, arranging chartered flights, and initiating negotiations with Independents, indicate the high stakes involved in forming the next government, a TOI report stated.

Vedanta Ltd on Friday said the Mumbai bench of the NCLT has asked the company to call for a meeting of its secured and unsecured creditors and shareholders in the next 90 days to discuss the proposed demerger. The proposed demerger will create independent companies housing aluminium, oil and gas, power, steel and ferrous materials, and base metals businesses. The existing zinc and new incubated businesses will remain under Vedanta Ltd. «A meeting of the equity shareholders… be convened and held within 90 days from the date of receipt of the order,» said a two-member bench of the National Company Law Tribunal (NCLT) comprising Technical Member Madhu Sinha and Judicial Member Reeta Kohli in its order dated November 21. Vedanta Chairman Anil Agarwal had earlier said the proposed demerger of the company's diverse verticals that represent more than 15 commodities will see it progress from being asset managers to asset owners.

luxury apartment in a super-premium residential tower in Mumbai’s plush Worli locality for over Rs 105 crore. The apartment spread over a total of over 7,139 sq ft area in one of the wings of the tower Oberoi Three Sixty West on Dr Annie Besant Road is on the 59th floor and 43rd habitable floor. The transaction values the apartment at nearly Rs 1.50 lakh per sq ft ranking it among the most expensive deals for a residence anywhere in the country. The buyer has paid over Rs 2.89 crore in stamp duty charges alone for the registration of the deal.

Vijay Deverakonda, Bollywood actress Radhikka Madan, and singer Jasleen Royal came together for a very special lunch. It was hosted at the singer’s home and the delightful spread consisted of a few staple foods from the hearty Punjabi cuisine, which was lovingly prepared by her parents. The highlight of the video was that the South star got a crash course in Punjabi cuisine as he tried out various dishes. The Curly Tales dropped a video where Vijay Deverakonda had a fun-filled lunch with three Punjabi women- Bollywood actress Radhikka Madan, singer Jasleen Royal and YouTuber, Kamiya Jani. The gathering at Jasleen Royal’s home featured a sumptuous Punjabi feast, including chhole, mutton, sarson da saag, makki di roti, and more, all thoughtfully prepared by her parents. Vijay Deverakonda, keen to explore North Indian cuisine, received a playful lesson in pairing Punjabi dishes. The trio enjoyed a lively afternoon filled with laughter, fun games, and lighthearted moments.