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municipal elections began on Wednesday at 8 am and the results will be announced on the same day. Voting for the election took place on March 2 for mayor/president and ward members across municipal corporations, councils, and municipalities.

Mint.Co-founder Mohal Lalbhai confirmed the fundraise, saying the company is in discussions with existing and new investors to support market expansion this financial year, but declined to comment on valuation. “We are currently in the process of raising around $50 million from existing and new investors as we look to grow our market presence over this financial year,” he said.The round is being led by existing investors, including Capital 2B, and Japan Airlines' JAL Innovation Fund, one of the two people quoted above said on the condition of anonymity.

As gig workers’ unions organized a strike on New Year’s Eve demanding better working conditions, several people took to X and other social media platforms to debate the value of gig work in India’s economy.Zomato founder Deepinder Goyal and InfoEdge founder Sanjeev Bikhchandani (also a Zomato investor) argued that gig work was valuable, pointing out that the strike had clearly failed. Others including Aam Aadmi Party leader Raghav Chadha met gig workers on strike in Delhi, supporting their demands for better working conditions.Zomato's food delivery partners workforce grew 18% CAGR (compound annual growth rate) from FY22 to FY25.

Delhivery is acquiring rival logistics firm Ecom Express in an all-cash deal for Rs 1,407 crore. The Gurugram-based company had been valued at around Rs 7,000 crore less than a year ago. Here’s a timeline of how the once high-flying startup hit turbulence: 2012: Late T A Krishnan cofounded Ecom Express along with K Satyanarayana, Manju Dhawan, and Sanjeev Saxena—former Blue Dart executives. The company began operations in January 2013 from Gurugram, focusing on ecommerce logistics.

Delhi court has directed Tihar Jail authorities to respond to a startling allegation from Christian Michel James — the British national accused of being a middleman in the AgustaWestland VVIP helicopter case. Michel, currently held in Tihar Jail, has claimed there were attempts to poison him inside the prison in 2019. In an application moved before the court, he requested heightened security measures, citing an ongoing threat to his life, as reported by TOI. Special Judge Sanjeev Aggarwal took the allegation seriously and ordered the Director General of Tihar Prisons to submit a detailed report. “A report be also called from the DG (Prisons), Tihar Jail on the above application of accused No 35 (James)… with directions to file a status report as to what action was taken with regard to the allegations made by the aforesaid accused… regarding the alleged attempts on his life on dates mentioned in the said application by way of poisoning,” the judge said, as reported by TOI. The court has asked for the report to be filed by 16 April.

Rajiv Gauba as full-time member of NITI Aayog with immediate effect and Sanjay Kumar Mishra, the former head of Enforcement Directorate, as the full-time member of the Economic Advisory Council to the PM (EAC-PM). Both these appointments were notified on Tuesday. While Gauba is the retired 1982-batch IAS officer from the Jharkhand cadre who served as a cabinet secretary for five years from 2019 to 2024, Mishra is a 1984-batch Indian Revenue Service (IRS) officer from Uttar Pradesh. “NITI Aayog welcomes Shri Rajiv Gauba. His vast experience and excellence in public administration will be pivotal in spearheading policy-making and implementation,” the Aayog tweeted on Thursday. Gauba will join the league of four existing full-time members of the Aayog including VK Saraswat, VK Paul, Ramesh Chand and Arvind Virmani. While the prime minister is the chairman of the Aayog, Suman Bery is the vice chairman of the Ayog which was set up in 2015 replacing the erstwhile Planning Commission. With the appointment of Mishra, the EAC-PM will now have three full-time members, the other two being Sanjeev Sanyal and Shamika Ravi. The other part-time members of EAC-PM include Rakesh Mohan, Sajjid Chinoy, Neelkanth Mishra, Nilesh Shah, TT Ram Mohan and Poonam Gupta.

Subscribe to enjoy similar stories. A recent report by an investment bank says that the three biggest areas of focus on the economic-policy front for the Indian government right now are striking bilateral trade deals, stepping up investments in strategic industries such as semiconductors and reducing the burden of regulation on firms as well as citizens. The new Economic Survey written by officials in the finance ministry made a compelling case on how a surfeit of outdated regulations hold back the growth of firms, especially smaller enterprises that drive job creation.

James submitted before the Special CBI judge Sanjeev Aggarwal that he would need at least two months to apply for and get access to a passport as the same had expired. The accused, Michel James, needs to surrender his passport to the court authorities as one of the conditions required to be fulfilled for the grant of bail. On March 7, the Court directed Michel James to furnish a bond of Rs 5 lakh with one surety of the same amount as part of his bail conditions. The court had also directed Michel to surrender his passport. Since his passport had already expired, the court directed him to apply for a new passport with the British High Commission as per the prescribed rules.

CBI judge S P Naik Nimbalkar. On Friday, newly assigned special judge J P Darekar told the prosecution and defence lawyers that the trial in the case will resume on a daily basis from March 10 as per the direction of the Bombay High Court. Bora (24) was allegedly strangled to death in a car by Indrani Mukerjea, her then driver Shyamvar Rai (who later turned approver in the case) and Mukerjea's former husband Sanjeev Khanna in April 2012. Her body was burnt and disposed of at a forest in nearby Raigad. Media baron Peter Mukerjea, ex-husband of Indrani, is also an accused in the case. The murder came to light in 2015 after Rai spilled the beans about the murder following his arrest in another case. Indrani Mukerjea and Khanna were arrested in August 2015, while Peter Mukerjea was arrested three months later. All the accused are currently out on bail.

Wednesday’s 740-point surge in the Sensex, coupled with a 4% rebound in the BSE Smallcap index over the last two sessions, has fueled optimism that the market may have found a bottom. Key technical indicators—including the 14-week RSI, extreme breadth readings, FII long-short ratios, and seasonality trends—are signaling that a potential turning point is near.

Market corrections alone do not create investment opportunities- what matters is whether stocks have corrected to their fair value, says Sanjeev Prasad of Kotak Institutional Equities. He pointed out that despite sharp price declines, many stocks, particularly in the consumer staples sector and speculative "narrative stocks," remain overvalued. Meanwhile, he identified select banking stocks as one of the few areas where investors can still find value. «Just because the stock has corrected does not mean anything in isolation. Has it corrected to the right level in terms of value? That is the question to ask,» he asserted.

light combat aircraft powered by a GE engine in the upcoming fiscal year after a delay of nearly 12 months, a top government official said on Sunday.

SGB issue opened to the public for subscription on February 12, 2024, and closed on February 16, 2024. The issue price of the SGB was Rs 6,262 per gram of gold. Further, till date, the government has not announced any new issuance of SGB tranches in the financial year. The Sovereign Gold Bond scheme was originally introduced to reduce the demand for physical gold.

Patanjali Foods Ltd has recalled four tonnes of red chilli powder from the retail market after national foods regulator Food Safety and Standards Authority of India (FSSAI) asked the company to recall a specified batch of the same due to non-conformity with food safety norms.

Ujjivan Small Finance Bank has said it would shortly apply to the Reserve Bank of India for a transition to a universal bank. The Ujjivan board approved the plan Thursday.

on-demand home services, has raised $5.5 million in its Series A funding round.

AIIMS to arrange hip replacement surgery for jailed British national Christian Michel James, the alleged middleman arrested in 2018 in a money laundering case connected to the Rs 3,600-crore AgustaWestland chopper case. Special Judge Sanjeev Aggarwal passed the order on an application filed by James who has claimed that his total hip replacement surgery could not be avoided, considering that he was suffering from «excruciating pain» in day-to-day activities. James, who was extradited in 2018, claimed that the doctors at the All India Institute of Medical Sciences (AIIMS) had advised the surgery. «The Director, AIIMS is requested to arrange for the total hip surgery, as advised by the doctors of AIIMS as per the medical prescription dated December 30, 2024, and to fix the surgery i.e. total hip replacement, as stated in the report, preferably, in the first/second week of February, 2025 as per the convenience of the operating surgeon,» the judge said in an order passed on January 9.

Subscribe to enjoy similar stories. New Delhi: Bollywood couldn’t have been more conspicuous by its absence in movie theatres this year, with nearly the full April-June quarter going by without any big releases. The industry was hit hard by the Lok Sabha elections and IPL (Indian Premier League) between April and May, and just a handful of titles attracted audiences to the theatres.

Info Edge has filed a first information report (FIR) at Mumbai’s Bandra Police Station against Rahul Yadav and others in connection with a fraud involving funds from 4B Networks. In 2015, Yadav who cofounded real estate portal Housing.com was fired by the company’s board. «We would like to inform you that pursuant to a complaint filed by AIPL, an FIR has been registered by the Bandra Police Station (Mumbai Police) on November 29, 2024 against Rahul Yadav, Devesh Singh, Pratik Choudhary, Sanjay Saini (and unnamed others) in connection with 4B Networks, alleging inter alia commitment of certain fraudulent acts involving 4B Networks' funds,» the document read. In 2021-22, Info Edge invested Rs 295 crore in Housing.com founder Rahul Yadav’s new real estate startup, 4B Networks.

Available 24/7 on WhatsApp, MJ will allow customers to book movies with support in Hindi, English, Kannada, Tamil, and Telugu, streamlining the entire process and making it more engaging and convenient for cinema lovers. MJ’s robust AI capabilities offer users a personalized journey based on their movie preferences. The chatbot’s advanced discovery features tailor movie suggestions to users' choices, including genre, language, location, cinema format, and showtime. It even allows users to select from diverse cinema formats such as IMAX, MX4D, ONYX, ScreenX, Playhouse, and more. Through intuitive, natural conversations, MJ streamlines bookings by helping users easily navigate options and filter based on cinema preferences, while clearly distinguishing between 2D and 3D options to ensure users select their ideal format.

Subscribe to enjoy similar stories. Mumbai: Early last year, Ecom Express’s investors were looking for a successor to take over the reins from T.A. Krishnan, the third-party logistics (3PL) company’s co-founder and chief executive.