Mumbai Financial News

Mumbai has directed real estate developers and contractors of infrastructure-related works to follow pollution control measures in the backdrop of a deterioration in air quality in the country’s commercial capital over the last few days. Construction, including private and infrastructure work led by the government, is currently underway at 6,000 locations and sites in Mumbai. While the Municipal Corporation of Greater Mumbai (MCGM) will issue detailed guidelines in the next few days, municipal commissioner and administrator Iqbal Singh Chahal has stated that projects being undertaken by both private as well as government bodies will be stopped if these measures are not followed. Following directions from the Prime Minister’s Office (PMO) that expressed concern over air quality index of Mumbai, Chahal interacted with state government agencies including MMRDA, MMRCL, MHADA and SRA, real estate developers’ bodies Credai and Naredco, and architects’ body PEATA on Friday. “Hardly 10 to 15 days have passed since the end of the monsoon…it is being observed that the air quality is adversely affected in the Mumbai region and also in the Mumbai metropolis,” Chahal said. The central and state governments have taken note of it and have instructed the local body to implement immediate measures, he added. “Dust is a major factor behind the increase in air pollution,” Chahal said, adding that there is a need to take measures to prevent and control dust and other factors that cause pollution. All the government agencies in Mumbai need to coordinate with each other and take urgent and mandatory measures, he said. Apart from construction, Chahal has also instructed that efforts should be made by projects related to electricity,

suburban train in Mumbai got separated on Sunday morning and no passenger was hurt in the incident, a Western Railway official said. A Borivali-bound slow train departed from Churchgate station and uncoupled at Marine Lines around 11.02 am, the Western Railway's chief public relations officer Sumit Thakur said.

Brihanmumbai Municipal Corporation (BMC) has issued a warning that it will halt construction activities, regardless of whether they are on private or government properties if proper dust and pollution control measures are not implemented, a report by PTI stated. Municipal commissioner Iqbal Singh Chahal said, “Construction is going on at a whopping 6,000 sites in the city currently", an official release quoted Chahal as saying on Friday.

Akasa Air flight travelling from Pune to Delhi was diverted to Mumbai for an emergency landing, after a passenger onboard claimed that there is a bomb in his luggage, the airline officials said on October 21. The incident took place in the wee hours of the day, shortly after the flight took off from Pune. However, after landing at the airport, the bomb threat was found to be a “hoax", officials added.

tweeted. Cricket matches are scheduled to be played at Wankhede Stadium, Mumbai for the ICC World Cup 2023.

BMC) has warned that it would stop construction anywhere, may it be a private site or a government project, if dust and pollution control measures are not being taken, reported PTI. Construction is going on at a whopping 6,000 sites in the city currently, an official release quoted municipal commissioner Iqbal Singh Chahal as saying. The Air Quality Index (AQI) in the city was above 200 (poor) at several places in the city during the day, the Central Pollution Control Board data showed.

Mumbai for the construction of a sixth line between Khar and Goregaon, a Western Railway official said on Friday. A WR release said 43 mail and express trains will be fully cancelled while 188 will be partially cancelled or short-terminated, railway lingo for ending a service before the designated last halt.

Mumbai on Cyclone Tej alert! IMD warns of cyclonic storm in Arabian Sea. When is it expected to hit? Additional protests may occur in the future if the demands remain unmet. Passengers are advised to seek alternative routes to circumvent affected areas.

weather changes in Maharashtra city due to a possible cyclonic storm that is expected to develop in the Arabian Sea. The IMD’s weather update on Monday outlined that a low-pressure area is likely to develop over the southeast and adjoining east-central Arabian Sea in the next 48 hours. October to December is among the favorable periods for the development of cyclones in the Bay of Bengal and the Arabian Sea due to warmer ocean temperatures.

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Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) on Monday said its passenger traffic grew 33 per cent to 1.27 crore in the September quarter. CSMIA had recorded a total passenger volume of 96 lakh for the year-ago period, it said.

ANI. The girder developed cracks when it was being placed at the elevated position in the morning hours, following which the surrounding area was cordoned off and police personnel were deployed at the spot, the official said. At around 2:45 pm, the girder crumbled and fell around 30 metres down, he said.

₹16 crores from their possession and arrested two people from the spot. The two culprits were produced before court and sent to Police custody till October 19, said Daya Nayak, Crime Branch Officer on Monday. According to the police, Inspector Daya Nayak initially received the tip of the drug peddlers being active in Bandra west and Khar areas of Mumbai.

PTI. Line 7 which is an elevated corridor along the Western Express Highway links Dahisar and Gundivali in Andheri East. While Line 2A runs above New Link Road between Dahisar and Andheri West.

Chhatrapati Shivaji Maharaj International Airport's (CSMIA) comprehensive post-monsoon runway maintenance plan, both runways - RWY 09/27 and RWY 14/32 will be temporarily non-operational on October 17 from 1100 hours to 1700 hours," as per the statement. The statement further read, “CSMIA in co-operation with all key stakeholders has effectively scheduled flights to ensure smooth completion of the maintenance.

Superstar Hrithik Roshan decided to become an ‘Aam Admi’ (everyday guy) for a day. No, the ‘Kaabil’ actor has not joined any political party! The actor decided to ditch luxury cars for a day and travel via the Mumbai Metro to the place of shooting. The ‘Krrish’ superstar took to Instagram on Friday and shared a bunch of photos of himself traveling in the metro.

MAMI, returns in physical form after a hiatus of four years. After an online-only avatar during the pandemic, MAMI 2023, sponsored by Jio, will be back for ten days in the Maximum City. Starting October 27, the film fest goes on till November 5. Across the opening weekend of October 27-29, films will be screened at the swank 2,000-plus-seater Grand Theatre at the Nita Mukesh Ambani Cultural Centre.

Western Railway in Mumbai, an official said on Tuesday. The block, which began on October 7, has been put in place for the construction of the sixth line between Khar and Goregaon railway stations, he said. As per a release, around 2,700 suburban services will be cancelled and about 400 services will be partially disrupted or short-terminated from October 20 onwards.

(NSDL) to sell one of its premises in Mumbai for ₹198 crore. The office space that would be sold to the securities depository is located in Naman Chambers, based in the business hub of Bandra-Kurla Complex (BKC). The decision is “part of consolidation of bank’s operations near its corporate office at IDFC FIRST Bank Tower (The Square), C-61, G Block, BKC, Mumbai," the lender stated in its regulatory filing.

NHSRCL) on Monday said it has completed 100 per cent land acquisition in Gujarat for the Mumbai-Ahmedabad bullet train project. The corporation in a release said the last parcel of land in Gujarat was acquired at Kathore village in Surat district in September. In all, 951.14 hectares of land needed to be acquired in eight districts of Gujarat for the project, it said. With the latest acquisition, 99.95 per cent of land has been acquired for the project across Gujarat, Maharashtra and the Union Territory of Dadra and Nagar Haveli, Daman and Diu, the release said. Out of 429.71 hectares acquired for the project in neighbouring Maharashtra, 99.83 per cent of the process has been completed, while a total of 7.90 hectares were acquired in the UT, the NHSRCL said. In Gujarat, 133.29 hectares were acquired in Ahmedabad, 110.25 hectares in Kheda, 52.59 hectares in Anand, 142.30 hectares in Vadodara, 140.32 hectares in Bharuch, 160.52 hectares in Surat, and 88.93 hectares in Valsad, the release said. The operational control centre will be located at Sabarmati in Ahmedabad, and there will be three depots, two in Gujarat — Surat and Sabarmati — and one in Maharashtra at Thane, it stated. The government aims to run the first phase of the bullet train between Surat and Bilimora in south Gujarat by 2026. Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe launched the project in Ahmedabad on September 14, 2017.

Pyar ka Punchnamaa series fame Nushrratt Bharuccha has safely landed in India. Video emerged of the visibly worried actor coming out of the Chhatrapati Shivaji Maharaj International Airport.