Mumbai Financial News

₹800 crore worth ultra-luxury apartments at Worli in Mumbai. The property consultant, in a statement, said the company has signed an exclusive sales and marketing agreement with The Residency, Worli, Mumbai that houses 19 ultra-luxury residences.

India Sotheby's International Realty on Sunday said it has bagged a mandate to sell Rs 800 crore worth ultra-luxury apartments at Worli in Mumbai. In a statement, India Sotheby's International Realty said it has signed an exclusive sales and marketing mandate with The Residency, Worli, Mumbai that houses 19 ultra-luxury residences. Prime Realty is the developer of this project. These residences are ready with completion and occupancy certificates, it added. The price of these luxury residences starts at Rs 60 crore each.

The youth wing of Bharatiya Janata Party (BJP) has removed posters of the upcoming event of Canadian singer Shubh in Mumbai. A video showed that workers of Bharatiya Janata Yuva Morcha (BJYM) on Saturday removed posters of the Canadian singer, saying that there is no place for 'Khalistan' supporters in Bharat. The BJYM has alleged that the Canadian singer, Shubh, also known as Shubhneet Singh, supports the Khalistan movement through social media.

diesel-run double-decker bus of the Brihanmumbai Electric Supply and Transport (BEST) undertaking, commuters and staffers reminisced about their journey in the iconic red vehicle that became a symbol of the city itself. «Hello, Mumbai Police? I'd like to report the theft of one of my most important childhood memories,» wrote industrialist Anand Mahindra on 'X', echoing the loss felt by many Mumbaikars. The bus started its final trip on route 415 from the Andheri railway station to SEEPZ village in the western suburbs around 11.05 pm on Friday.

Multibagger stock: AVG Logistics shares are one of the multibagger stocks that Indian stock market has delivered in YTD time. This small-cap stock has risen from around ₹118 to ₹262 apiece levels in year-to-date time, delivering to the tune of 125 per cent to its positional shareholders. However, some fund houses still believe that the small-cap multibagger stock may continue its uptrend.

weather forecast for the upcoming days indicates a pattern of light to moderate fairly widespread to widespread rainfall, accompanied by thunderstorms and lightning. This weather condition is expected to prevail over ghat areas of Madhya Maharashtra from September 15th to September 19th.

Lalbaugcha Raja on Friday (September 15). Mumbai Matterz, an X handle that covers the happenings in the city, shared a video of the idol being unveiled on the microblogging site. The video shows a huge Ganesha idol, looking resplendent in gold and pink, seated on a dazzling throne. Netizens flooded the comment section, to celebrate the arrival of the deity of prosperity and good luck. “Hamare Pyaare Ganesh ji,” (Our beloved Lord Ganesha), gushed an X-user. Another tweeted the sacred incantation associated with the deity, “Deva deva deva… Ganapati Bappa…” Another gushed over the adorableness of the idol. “The most handsome king… Lalbaugcha Raja,” they wrote.

As Mumbai bids adieu to iconic red double-decker buses, Mahindra Group Chairman Anand Mahindra shared an emotional post. The red double-decker buses, which have been an integral part of Mumbai's public transport system for more than 80 years, will go off the streets this week. Besides, the open-deck double-decker buses, which have served as sightseeing buses for tourists since the 1990s, will also disappear from the city streets in the first week of October.

Kohinoor Hospital in Kurla-West, Mumbai after a fire broke out there on Saturday. According to the Brihanmumbai Municipal Corporation's (BMC) Municipal Fire Brigade (MFB), the incident occurred at 12.14 am today and no casualties were reported. The BMC said, «Fire broke out in a building in Mumbai's Kurla area. Fire brigade personnel reached the spot as soon as information about the fire was received and rescued around 50-60 people from different floors, out of which 39 people were admitted to the nearby hospital.

In a major accident, a fire broke out in a building in Mumbai's Kurla area, police informed on Saturday. Fire brigade reached on the spot after receiving the information.

Ganpati idol, on Friday, unveiled the first glimpse of the idol for devotees of Lord Ganesh. This year, the 10-day festival will be observed from September 19 to September 28. The pandals set up by various mandals in Mumbai and other places in the state attract thousands of devotees during the 10-day festivities.

Mumbai are slated to increase from October 1. As per a TOI report, this adjustment in toll rates, which comes after a gap of three years, will see a hike ranging from 12.50 per cent to 18.75 per cent. The affected entry points include Dahisar, LBS Road-Mulund, Eastern Express Highway-Mulund, Airoli Creek Bridge, and Vashi.

India Today report, the raid by the FDA was carried out after several hygiene-related complaints. Sources told India Todaythat during the raids, officials found cockroaches and rats in hotel's kitchen. Moreover, it was also found that the establishment also did not have a valid food licence.

Rain updates: The Indian Meteorological Department has issue a yellow alert for heavy rains in several Maharashtra districts today i.e. on 15 September. As per IMD, yellow alert has been issued in Thane, Raigad, Ratnagiri, Sindhudurg, Pune, Dhule, Nandurbar, Jalgaon, Ahmednagar, Kolhapur, Satara, Aurangabad, Jalna, Parbani, Akola, Amravati, Nagpur among other districts.

The Indian Meteorological Department has predicted heavy rainfall in Mumbai for two days starting from September 16. Given the heavy rainfall predicted in the metro city, IMD issued a yellow alert for Mumbai. Nearby areas like Thane and Palghar are also expected to receive heavy rainfall.

An aircraft has crashed at Mumbai airport with eight passengers on board. According to details shared by Hindustan Times the VSR Ventures Learjet 45 aircraft VT-DBL flight had been travelling from Vizag (visakhapatnam) to Mumbai On 14.09.2023, M/s operating flight from Vizag to Mumbai was involved in runway excursion (veer off) while landing on runway 27 at Mumbai airport.

Wankhede Stadium, where MS Dhoni's iconic winning shot for a six during the 2011 World Cup final landed. As per TOI report, these two seats, now famously known as the '2011 World Cup Memorial seats,' are set to be auctioned for the upcoming 2023 ODI World Cup matches. Announcing this, the MCA has posted on its website under a section titled 'Request for proposal for buyout of Hospitality Package for ICC Cricket World Cup 2023 matches at Wankhede Stadium' that the «Cricket World Cup 2011 Victory Memorial Stand (2 seats) to be auctioned.» It is expected that the auction of these seats will attract substantial bids, given the sentimental value that Indian cricket fans attach to that historic shot played by MS Dhoni. Earlier this year, there were reports suggesting that the MCA planned to create a 'memorial' at the very spot in the stand behind long-on, where the ball had landed after Dhoni's memorable six against Sri Lankan pacer Nuwan Kulasekara sealed India's victory on April 2, 2011.

Mumbai eatery after a dead rat was found in a dish, the Maharashtra Food and Drugs Administration (FDA) has reportedly closed another renowned hotel in the city after cockroaches and rats were found in its kitchen during a raid. FDA officials raided the popular kebab establishment in Mumbai, Bademiya, following a series of complaints regarding hygiene standards at the 76-year-old eatery. During the inspection, FDA officials allegedly unearthed distressing evidence of cockroaches and rats infesting the restaurant's kitchen. Reportedly, the eatery does not have even an official licence issued by the Food Safety & Standards Authority of India (FSSAI). The restaurant owner, in response, acknowledged the absence of an FSSAI licence but asserted that all other necessary permits were in place. They further mentioned that the process of obtaining the missing license from the authority was already underway. «The license until Covid lockdown has been renewed, and for the latter period, we have applied for our license,» the owner told India Today.

Bombay Dyeing & Manufacturing Company (BMDC) hit 20% upper circuit to scale their 52-week high of Rs 166 on the NSE on Thursday following a nod from the Wadia Group's company's Board to the proposal to sell the land parcel of about 22 acres in Worli, Mumbai to Goisu Realty, a subsidiary of Japanese realty developer Sumitomo for Rs 5,200 crore. This is Mumbai's largest land deal in terms of value. The price action was accompanied with high volumes as over 1 crore shares traded on the NSE around 9:30 am. The whole transaction with Sumitomo will be completed in two phases including the first tranche of Rs 4,675 crore. The balance Rs 525 crore will be received upon completion of certain conditions by BDMC and execution and consummation of the definitive agreements for the second phase. The group has decided to monetise the land parcel to repay the debt that currently stands at Rs 3,969 crore.

New Delhi: A three-day G20 meet on financial inclusion will be held in Mumbai starting Thursday, an official statement said on Wednesday. The fourth G20 global partnership for financial inclusion (GPFI) will bring together over 50 delegates from G20 member countries, special invitee countries and international organisations, the statement said.

The man, Manohar Shukla, allegedly murdered his 28-year-old girlfriend, Naina Mahat, her Naigaon residence on August 9. Manohar's wife, Poornima, allegedly helped him in helping him stuff the body in a suitcase. According to police, the couple then traveled over 150 kilometers on a scooter, carrying the lifeless body of Naina in a suitcase. To further avoid suspicion, they also brought along their two-year-old daughter. The grim details of the murder came to light during the investigation into a missing person complaint lodged by the victim's sister in mid-August. Manohar Shukla was taken into custody from his residence in Vasai, while his wife, Poornima, was arrested later in connection with the case. During questioning, Manohar revealed that he had taken this extreme step because Naina Mahat, a hairstylist who occasionally worked in the film industry, had refused to withdraw two complaints filed against him in 2019, one for rape and another for assault.