City Mumbai Financial News
25.09 / 10:57
markets
love
Photos
performer
concert
stars
As Deepika Padukone-Chris Martin's bond goes viral, Shah Rukh Khan wants Coldplay singer to listen to ‘desi’ beats
The snapshot captures a candid moment between Martin, dressed casually in a turquoise t-shirt, and Deepika, whose animated expression suggests she’s deep in conversation. The photo was shared by Coldplay India X, sparking widespread interest on social media as fans recall the band’s previous visit to India during the Global Citizen Festival in 2016. That year, Coldplay’s performance was one of the event’s highlights, and the exclusive after-party at SRK’s Mannat saw Bollywood’s biggest stars mingling with the British rock legends. The resurgence of this photo comes at an opportune time, with Coldplay's three-date concert in 2025 at Mumbai’s DY Patil Stadium quickly approaching. Tickets for the event sold out in no time, with fans flooding ticketing platforms, causing website crashes and long queues. This overwhelming response underscores Coldplay’s enduring popularity in India.
25.09 / 09:19
25.09 / 05:17
markets
film
social
reports
strain
Relationships
Urmila Matondkar divorce: Actress ends 8-year marriage with Mohsin Akhtar Mir. Who is he?
Mohsin Akhtar Mir. The Times of India has reported that according to sources from a Mumbai court, the decision was made several months ago, and the split is not believed to be on mutual terms. While the reasons for the divorce have not been publicly disclosed, rumors have swirled about the couple’s separation, leaving fans and followers surprised.
25.09 / 01:09
markets
COST
Trade
Experts
show
country
International
China’s real estate stimulus to aid Indian steelmakers but oversupply persists
Subscribe to enjoy similar stories. Mumbai: China’s latest push to revive its struggling real estate sector could benefit Indian steelmakers but may still not be enough to resolve high steel imports from India’s neighbour, according to experts. “The stimulus should improve domestic steel demand in China, which would be positive for the global market," said Ranjan Dhar, director and vice-president, sales and marketing, ArcelorMittal Nippon Steel India (AM/NS).
24.09 / 18:33
markets
Digital
Entertainment
Netflix
film
reports
rights
Lights, camera, legal action: Netflix faces Bollywood drama over Rs 47 crore dispute
Economic Offences Wing (EOW) of the Mumbai Police has commenced a preliminary enquiry (PE) based on a complaint filed by Bollywood producer Vashu Bhagnani against a company linked to Netflix and 12 others, alleging cheating and conspiracy over rights for three films, people in the know told ET. The EOW has summoned executives of Los Gatos Production Services India, the entity through which Netflix reports its content investments in India, they said. Netflix rejected the allegations as «unfounded». According to Bhagnani, he has yet to receive ₹47.37 crore towards subscription-video-on-demand (SVOD) rights he had granted on these films: Hero No 1, Mission Raniganj and Bade Miya Chote Miya. He has named Los Gatos Production Services, Zoo Digital India that provides subtitling, dubbing and media localisation services and 10 executives of the two companies as accused.
24.09 / 13:55
markets
UPS
IPO
Booking
Platform
Food
reports
Accel eyes partial exits from multiple early investments
Subscribe to enjoy similar stories. Mumbai/Bengaluru: Early-stage venture capital (VC) firm Accel is evaluating partial stake sales in a bunch of its portfolio companies, including Swiggy, Urban Company, BlackBuck and BlueStone, as part of its ongoing efforts to create liquidity. The deals are expected to be a mix of pre-initial public offering (IPO) secondary sales and offer-for-sale (OFS) transactions in upcoming IPOs, three people familiar with the strategy said.
24.09 / 13:07
markets
Digital
Metro
Experts
RAI
Schools
First phase of Mumbai's first underground Metro to be commissioned soon, says top official
underground Metro or aqua line between Aarey Colony and Bandra-Kurla Complex will be commissioned soon, subject to safety clearance, a senior official said on Tuesday. The 12.5 km stretch between Aarey Colony and BKC is part of the 33.5 km Colaba-Seepz-Aarey Metro Line 3. Addressing a press conference, Ashwini Bhide, managing director for Mumbai Metro Rail Corporation (MMRC), said the Metro Line 3 is poised to be commissioned very soon, subject to clearance by the Commissioner of Metro Railway Safety (CMRS). She said of the two necessary approvals, they have already received the nod for rolling stocks (Metro train), while the application for the rail line is pending approval.
24.09 / 11:05
Food
community
wellness
DISH
Diversity
Interviews
diving
A new bar honours the drinking culture of India
Subscribe to enjoy similar stories. The month-old bar Bombay Daak in Mumbai champions the spectacular diversity of India’s drinking culture. Its menu is inspired by local dive bars, gymkhanas as well as drinking traditions in families across communities.
24.09 / 09:11
markets
IPO
Provident
Compilation
Analysis
wellness
Trade
India’s first AI unicorn Fractal said to weigh $500 million IPO
Fractal Analytics, a provider of artificial intelligence services, is considering filing for an initial public offering in Mumbai as soon as November to raise $500 million, according to people familiar with the matter. Fractal, known as India’s first AI unicorn, may seek a valuation of at least $3.5 billion in the share sale, the people said, asking not to be identified because the deliberations are private. The offering may include both new and existing shares, the people said, adding that a listing could take place as soon as the first quarter of 2025.
24.09 / 08:31
markets
Citi
Booking
Platform
show
concert
rock
Rs 1.42 lakh for one night stay! Navi Mumbai hotel prices get hot when Coldplay is around
Coldplay and its arrival in India, at the moment. The British rock band is set to perform in India on three dates at the DY Patil Stadium in Mumbai and the demand for tickets has not been anything less than mind-boggling. The rush has been such to book tickets that BookMyShow's platform couldn't handle the traffic. The Coldplay fever, which has gripped the nation, has also led to a high demand for hotel rooms for the concert dates from January 18,19 and 21.
23.09 / 18:23
markets
UPS
CEO
Airlines
electronic
International
Pharmaceuticals
Airlines load big cargo plans for India
Key export sectors include electronics, pharmaceuticals, and perishables, with companies like DHL predicting a 20% annual growth rate in the industry. «We're bullish,» said Etihad CEO Antonoaldo Neves, highlighting that cargo potential from India. DHL CEO Pablo Ciano also identified significant growth areas in contract logistics and cross-border trade, emphasising that India's finished goods exports are growing at «20% year over year.» The logistics landscape is evolving, with increased investments in warehousing and fulfillment centers tailored to sectors like life sciences and healthcare.
23.09 / 14:19
markets
Booking
Platform
band
show
concert
Sporting
Why is filling of 80k stadium surprising?: Ashneer Grover on Chetan Bhagat's 'paying so much' statement regarding Coldplay tickets
Coldplay concerts scheduled for 2025, popular author Chetan Bhagat and former SharkTank judge Ashneer Grover engaged in debate on social media platform over pricey tickets sold. «On one hand we get figures of Indian salary percentiles and on the other there’s near mania for concert tickets. Who’s paying so much and buying all these tickets? What percentage of your monthly salary are people spending on these tickets?Some YOLO logic here? What?» said Bhagat in a post on X. Replying to the author, Ashneer said «It’s a large country — and lot is disparity on either end — why is filling of 80k stadium surprising anyone? 800k students go overseas every year — spending $50K on an average. Also now that most people who can afford have phones — things will fill up instantly as well.»
23.09 / 11:43
markets
Platform
Experts
innovations
reports
Niche startups selling small-ticket home products win investor interest
Subscribe to enjoy similar stories. MUMBAI : Even as furniture startups such as Reliance Retail Ltd-backed Urban Ladder and Pepperfry Ltd are witnessing a sales plateau, investors are gung-ho about a small-ticket niche in the segment. Over the last few months, they have backed about half a dozen home decor startups selling kitchenware, bathware, living room accessories, etc.
23.09 / 11:42
COST
Citi
Food
DISH
Fishing
travelers
Where and what to eat in the coastal city of Galle in Sri Lanka
Subscribe to enjoy similar stories. With its diverse landscape and easy connectivity, Sri Lanka is the perfect holiday destination for Indian passport holders, who also benefit from a free visa on arrival. Among the island nation’s key highlights is Galle, a picturesque city on the southern coast known for its rich blend of art and culture.
23.09 / 10:53
markets
UPS
Instagram
band
concert
YouTuber grabs 4 Coldplay Mumbai tickets, but won’t attend or sell. What is his real plan?
Coldplay touring India has left fans excited and frustrated. While fans of the rock icons are beside themselves with joy as they will be performing in India after a gap of nine years, many Coldplay enthusiasts have been left bereft as concert tickets have been selling out like hotcakes. Among the mad rush to grab tickets, one YouTuber has invited the ire of the fandom. A YouTuber named Lakshay Chaudhary left Coldplay fans furious as he announced that he has four prime tickets for the concert, which he has no intention of selling. He also added that he won’t be attending the concert. “IDGAF about Coldplay concert. I am neither their fan nor do I want to attend the event, he wrote after sharing a screenshot of the tickets on his Instagram Story. “Still managed to get four tickets. Life is unfair, bro. Na tickets dunga, na jaunga [Neither I will give tickets, nor I will go]. “Lage raho queue mein [Keep waiting in the queue],” he further added.
23.09 / 10:53
markets
CEO
Platform
security
band
social
concert
Didn't clear IIT, but got Coldplay tickets: Unacademy CEO Gaurav Munjal shares exciting achievement
Gaurav Munjal, the CEO of ed-tech platform Unacademy, recently announced on social media that he secured tickets for British band Coldplay's upcoming concert in India. The announcement sparked excitement among fans, leading to a surge of conversations on social media about plans to attend the concert.
23.09 / 06:37
UPS
Research
film
Trade
Refugees
show
‘Avan Lapli’: Reframing sites of history along the Indian Ocean
Subscribe to enjoy similar stories. There is an old-world quality about Shiraz Bayjoo’s works. It is as if the artist has added layers of colour to centuries-old images of fishermen, coastal trees, indentured labour, and more to create a new emotional landscape.
23.09 / 03:23
COST
UPS
SUN
economy
country
reports
Why are so many rich Indians packing up to leave India?
Subscribe to enjoy similar stories. India is experiencing a flight of the wealthy, and that is not a great feeling. As the fastest growing large economy in the world, with its ease of doing business improving—strike-prone Kerala recently won the Centre’s prize for the best-in-class business reforms—India should be not just retaining its rich and talented, but also luring to its shores entrepreneurs from around the world.
23.09 / 02:59
UPS
FIVE
Career
Death
stage
Equality
International
The importance of saying no in the office
Subscribe to enjoy similar stories. The recent death of a 26-year-old Ernst & Young (EY) employee has raised concerns about the toxic work culture in the corporate world. In an emotional note to the EY chairperson, the deceased’s mother highlighted how “the workload, new environment and long hours" took a toll on her daughter’s physical, emotional and mental health.
23.09 / 01:57
markets
Digital
Strategy
Sustainability
beautiful
inclusion
recommendations
‘The future of beauty is personalized, sustainable and powered by AI’
Subscribe to enjoy similar stories. Mumbai: As the beauty industry pivots to personalization, L’Oréal, the global cosmetics leader with annual revenue exceeding $40 billion, recognizes the critical role of marketing. As the fourth-largest advertiser worldwide, the French multinational allocates around 32% of its net sales to advertising and promotions, according to Asmita Dubey, L’Oréal’s global chief digital and marketing officer.
23.09 / 00:48
Progressive
Entertainment
Diversity
show
beautiful
audience
inclusion
Striking a balance between inclusivity and entertainment in advertising
Subscribe to enjoy similar stories. Mumbai: For years, Indian advertising has followed a narrow set of beauty standards—fair skin, conventional looks and a certain body type. But as society evolves, brands are under pressure to become more inclusive.
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