City Mumbai Financial News
07.11 / 10:25
markets
Reuters
Digital
Platform
Election
Experts
Investigations
ED raids offices of sellers using Amazon, Flipkart platforms, sources say
Amazon and Flipkart, majority-owned by Walmart, as part of an investigation into alleged violations of foreign investment rules by the e-commerce companies, two government sources said on Thursday. The searches by the Enforcement Directorate (ED) came weeks after Reuters reported India's antitrust body had found the two companies and their sellers violated competition laws by giving preference to select sellers on their platforms. Both companies have maintained they comply with Indian laws.
07.11 / 10:13
UPS
Cycling
stars
travelers
Sporting
Meet India's marathon men who completed a unique Grand Slam
Subscribe to enjoy similar stories. When Bharatkumar Jain first decided to do the marathon equivalent of a Grand Slam—the top six of the world’s marathons—he wasn’t chasing a record. He had already registered for three, so he figured he could just attempt the rest and check them off his list.
07.11 / 04:23
07.11 / 01:29
UPS
wellness
trends
performer
reports
International
Titan faces pressure in solitaire
Subscribe to enjoy similar stories. MUMBAI : Titan Co. Ltd’s jewellery business revenue growth of 26% year-on-year for the September quarter (Q2FY25), excluding bullion sales, was propelled by a reduction in custom duty to 6% from 15%.
07.11 / 00:33
UPS
Pool
Healthcare
performer
country
innovations
Kotak PE to tap domestic investors for new lifesciences fund
Subscribe to enjoy similar stories. Mumbai: Kotak Mahindra's private equity is looking to tap domestic institutional investors (DIIs) for the first time since it launched the alternatives arm two decades ago, a senior company official said. The firm that has so far raised capital only from global investors is again looking at raising a lifesciences fund, this time from local investors.
07.11 / 00:33
markets
UPS
Waves
performer
stage
country
Post-monsoon triggers: Three cement stocks to add to your watchlist
Subscribe to enjoy similar stories. MUMBAI : As the monsoon clouds recede, India’s cement industry is set for a season of rapid growth, ready to meet the demands of a renewed wave in construction and infrastructure projects nationwide. With its consistent demand and potential for value appreciation, the cement sector can be a reliable pillar in a diversified portfolio.
07.11 / 00:23
UPS
Provident
FIVE
Assurant
country
reports
Adani group to resume power to Bangladesh under new terms. But readies a backup.
Subscribe to enjoy similar stories. Mumbai: Following intense negotiations over five days, the Adani group lifted a crucial power supply deadline imposed on the Bangladesh government after the crisis-hit nation conceded fresh repayment terms for dues worth about ₹7,500 crore. The Indian conglomerate, however, is embarking on a Plan B for its only exports-focused electricity plant if Bangladesh’s assurances don’t pan out, said two persons with direct knowledge of the matter.
06.11 / 17:39
markets
Strategy
Election
President
Experts
PAM
Relationships
Trump Org set to expand India luxury realty footprint with Rs 15,000 cr projects
Trump Towers, the Trump Organization's luxury real estate brand operating in India, is set to benefit further from Donald Trump’s sweeping win in the United States elections. Tribeca, Trump’s India partner, has indicated that it has already finalized six new projects across India, totalling 8 million sq ft with a revenue potential of over Rs 15,000 crore.
06.11 / 15:01
markets
Platform
economy
President
students
Colleges
International
Trump’s second coming: Hopes and dreams dangle for Indian techies and students
Subscribe to enjoy similar stories. Mumbai: Donald Trump’s electoral comeback has prompted some crystal-gazing into what his second term as American president could mean for Indian employees and students aspiring to move to the US. After all, his electoral promises of more jobs for American citizens and tighter immigration controls were bound to cause some consternation.
06.11 / 14:27
06.11 / 11:17
markets
Racing
economy
Trade
Experts
show
What Trump's win means for the Indian rupee
Subscribe to enjoy similar stories. Mumbai: The Indian rupee is expected to remain under pressure on the back of a strengthening US dollar as Donald Trump wins the presidential race, experts said, prompting the Reserve Bank of India (RBI) to curb volatility in the forex market. On Wednesday, the rupee hit a record low and was trading at 84.28 against the dollar.
06.11 / 09:13
06.11 / 07:33
markets
COST
Booking
Action
Strategy
Election
Experts
RERA: Mumbai couple wins Rs 20.65 lakh against builder who forfeited booking amount for cancellation of the deal
home loan with HDFC Bank, only to have their application denied. The bank discovered that the letter of allotment was issued solely in the wife's name, leading to the refusal of their joint loan application.
06.11 / 05:23
UPS
Citi
Career
Action
Strategy
Dreams
reports
How millennials can use these financial hacks to buy their first home
Subscribe to enjoy similar stories. MUMBAI : With real estate prices going through the roof post the pandemic-induced slump, the aspiration for homeownership has become notably challenging for many Indian millennials. Mint has designed this guide to clarify the path to owning a home for millennials, address the obstacles mid-career professionals face, explore available government assistance, and offer actionable financial strategies for purchasing their first home.
06.11 / 04:17
markets
UPS
Racing
Election
Trade
cover
Market rebound in sight as Donald Trump leads in US presidential race
Subscribe to enjoy similar stories. MUMBAI : Indian markets are poised to rebound from recent lows, with Donald Trump projected to win the 2024 US elections. The reason for the rebound will be short covering as institutional investors and proprietary traders have hedged their portfolios or taken naked shorts, according to analysts.
06.11 / 00:49
markets
Digital
security
Strategy
Election
Experts
Schools
Easy Home Finance secures $35 million from Claypond Capital, others
Home financing startup Easy Home Finance has secured $35 million in a funding round led by Ranjan Pai’s family office Claypond Capital and Japanese financial services major Sumitomo Mitsui Banking Corporation’s Asia Rising Fund.
05.11 / 17:11
05.11 / 14:23
markets
UPS
Airlines
Strategy
Election
Experts
Air France and KLM to operate 50 flights per week to India during winter
Air France and KLM on Tuesday said they will operate up to 50 flights per week to and from India during the ongoing winter schedule from 39 services per week during summer. The 11 new flights have been added across Delhi, Mumbai and Bengaluru, Air France and KLM said in a statement.
05.11 / 14:17
Provident
Citizens
Election
Healthcare
cover
hospital
information
Unable to get an Ayushman Vaya Vandana Card? Here’s a step-by-step guide.
On 29 October, the union government expanded the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to provide free health insurance to all citizens aged 70 and above, regardless of income.
05.11 / 11:51
COST
UPS
Target
Manufacturing
show
Tata Power's execution timelines in spotlight
Subscribe to enjoy similar stories. MUMBAI : Tata Power Co. Ltd's shares have had a stellar run in the past year, soaring as much as 77% compared to the 25% returns of the Nifty50.
05.11 / 10:39
FIVE
ICE
Boxing
DISH
inclusion
Features
International
Malted beer ice cream and Lombardy cheese at a new restaurant in Bengaluru
Subscribe to enjoy similar stories. The culinary world has a new term—accessible luxury. It refers to an elevated dining experience enveloped in affordability.
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