Mumbai Financial News

With a significant presence already established in key locations such as New York, London, Sydney, Singapore, Dubai, San Francisco, Detroit, Washington D.C, and Stockholm, the addition of Mumbai to [INVNT GROUP]'s global footprint marks another step in bolstering its services to both local and multinational clients. "We are excited to extend our reach and expertise to South Asia, a region that is rapidly emerging as a hub for technological and marketing communications innovation. Establishing a base in Mumbai is not solely a strategic decision but also a response to our client's growing needs to engage and build wider and deeper communities. It reinforces our commitment to delivering impactful brand stories globally and locally, catering to the unique challenges and opportunities in the region. Our goal is to create unparalleled brand experiences that resonate deeply with local audiences and set new standards in creativity and strategic execution on the global stage.

Reserve Bank of India (RBI) informed that owing to operational considerations, the exchange of Rs 2,000 notes will not be available on January 12 at the RBI's Mumbai Regional Office. The facility will resume on Monday, January 15, 2024, which is the next working day, the RBI stated. The last day to exchange Rs 2000 bank was October 07, 2023, after that individual can Rs 2000 banknotes entities at the 19 RBI Issue Offices for credit to their bank accounts in India for any amount. All About Tax-Saving Why Rs2000 denomination banknotes were withdrawn? According to the RBI FAQs, «The Rs 2000 denomination banknote was introduced in November 2016 under Section 24(1) of Reserve Bank of India Act, 1934 (RBI Act) primarily with the objective of meeting the currency requirement of the economy in an expeditious manner after withdrawal of the legal tender status of all Rs 500 and Rs 1000 banknotes in circulation at that time.

real estate growth. “The Mumbai Trans Harbour Link is a game-changer! As a proud Mumbai developer, I see this engineering marvel transforming connectivity and our real estate landscape.

Small enterprises big on new firm registrations Additionally, 75% of Wholesale and Trader segment MSMEs remained bullish on consumer demand in the current calendar year. Among the Indian cities, Delhi appeared most optimistic where 87% of the surveyed MSMEs anticipated a surge in consumer spending. The survey analysed responses from nearly 3,000 MSMEs from more than 25 cities in India.

Mumbai Trans Harbour Link (MTHL), is set to be inaugurated by Prime Minister Narendra Modi on January 12. This extraordinary sea bridge, spanning nearly 22km and ranking as the world's 12th longest, has been under construction since 2018. The route commences at Sewri in south Mumbai, traversing Thane Creek and concluding at Chirle in the distant outskirts of Navi Mumbai. According to a TOI report, a senior state government official said, “The state government has extended the invitation to the PM for inauguration of this bridge on January 12.” Preparations for the inauguration are in full swing, with the Mumbai Metropolitan Region Development Authority (MMRDA) initiating the process by floating tenders for event management and project management consultants.

Maharashtra CM promises toll-free coastal road in Mumbai "There will be no entry for vehicles like motorcycles, mopeds, three-wheelers, autos, tractors, animal-drawn vehicles and slow-moving vehicles," Mumbai Police said in a statement. Multi-axle heavy vehicles, trucks, and buses heading towards Mumbai won’t have an entry on the Eastern Freeway.

Delhi-Mumbai expressway is anticipated to be ready for travel in the next few months, a TOI report stated. The completion of this section will enable commuters to enjoy a seamless ride from the national capital to Surat.

Mumbai Trans Harbour Link (MTHL), the country's longest sea bridge, is expected to bolster the Navi Mumbai property markets as the connectivity and further infrastructure development is likely to result in surge in real estate activity, demand and prices. Prime minister Narendra Modi will be inaugurating the 21.8-km-long MTHL on Friday and this bridge is estimated to cater to around 70,000 vehicles daily, connecting Sewri in central Mumbai to Chirle at Navi Mumbai. The bridge is poised to transform the everyday travel experience for commuters from south and central Mumbai, reducing the current two-hour travel duration to just 20 minutes. The improved connectivity is likely to spur commercial and business activities in Navi Mumbai. “The MTHL will undoubtedly be a boon for Navi Mumbai's overall economic development, including and especially the real estate sector in the region…In the next 10 years, we expect Navi Mumbai to not just complement the economic growth of MMR, but co-lead it, with other major infrastructure projects including the international airport also bound to have a substantial impact,” said Raajesh Prajapati, MD Prajapati Constructions. He expects Navi Mumbai’s demand for commercial, retail, office as well as residential for both affordable as well as luxury housing to grow substantially with both users and investors looking at the long term horizon. “Factors such as lifestyle, easy commuting, improved connectivity, and relatively lower property prices (35-45% less despite being a planned city) in Navi Mumbai will likely influence homebuyers' decisions.

MUMBAI : Maharashtra cabinet minister Mangal Prabhat Lodha on Tuesday said Mumbai civic schools will organise competitions to showcase the importance of Lord Ram to students between January 10 and 17 ahead of the Ram temple consecration ceremony in Ayodhya. Competitions on writing essays, poetry, and painting will be held under 'Maryada Purushottam Prabhu Shriram Jeevan Charitra Spardha', said Lodha. "The upcoming consecration of Lord Ram's temple in Ayodhya is a historic moment for our country.

NCLT) has approved the scheme of amalgamation and arrangement between Mumbai-based realty firm JP Infra (Mumbai) and its affiliated entities Four D Estates, Four D Buildspace and JP Infra Realty. Of these entities, Four D Estates, through its wholly-owned subsidiary JP Infra (Mumbai), is engaged in the business of redevelopment projects whereas JP Infra Realty is operating in the construction of projects in greenfield undertaking with acquisition of land and construction of housing projects thereon. Demerger of the greenfield project undertaking from JP Infra (Mumbai) into Four D Estates is expected to enable carving out of a sole greenfield project undertaking from JP Infra (Mumbai).

The real estate market in Bangalore has witnessed a significant boom in recent times. Among the several pockets of development, certain areas have outperformed over others, in terms of development and ensuing price increase. Among all the outliers, Sarjapur, nestled in the eastern part of the city, is emerging as a focal point of exponential growth over the past five years.

before the match which led to all the confusion. The secretary continued the defiant tone and claimed that the President of the cricket body doesn't have the authority to select the final team. “We have picked the team on merit and that is the right team.

Mumbai has stirred concerns about passenger safety as a citizen captured footage of an Uber driver watching videos on his mobile phone while navigating through busy streets. The passenger, identified as Venkat, shared the video on social media, expressing alarm over the driver's unsafe behaviour during the ride. In the video, the Uber driver is seen scrolling through content on his phone, which was placed on his lap while driving. Venkat took to social media, posting, «I am not feeling safe to travel in @Uber_India these days as the drivers are driving dangerously.

Mumbai Police receive threat of blasts ahead of New Year, investigation underway Based on the complaint filed by the museum management, an offence under section 505 (1) (b), 506 (2), 182 of the Indian Penal Code was registered against unidentified persons at Colaba police station. An investigation into this matter is underway.

Dia Mirza has called upon the Maharashtra Pollution Control Board to address the pressing issue immediately. Renowned for her vocal stance on climate change and environmental concerns, Mirza took to social media to express her distress and advocate for decisive measures. Her plea was conveyed through a post on social media platform X (formerly Twitter), where she drew attention to the alarming Air Quality Index (AQI) exceeding 200.

ANI as saying. It added that the airline “will be responding to the notice, as per protocol". The show cause notice was issued to IndiGo over a complaint by a Delhi-based dietician.

billionaire businessman Niranjan Hiranandani, the co-founder and managing director of the Hiranandani Group, recently opted for a Mumbai local train to beat the city's notorious traffic and save time. The 73-year-old real estate magnate shared his insightful journey from Mumbai to Ulhasnagar in an AC coach through a video on Instagram, which quickly went viral, accumulating over 37 million views and more than four lakh likes. In the video, Hiranandani can be seen waiting at the platform alongside other passengers, boarding the AC coach with a few members of his team, and engaging with fellow commuters during the 30-minute ride.

Gautam Adani's joint venture with Mumbai's slum rehabilitation authority has hired a global team to redevelop Dharavi, a key step in rebuilding one of Asia's biggest slums amid growing opposition to the project. Dharavi, about three quarters the size of New York's Central Park, is a crowded area that houses thousands of poor families in cramped quarters in the centre of India's financial capital. Many residents have no access to running water or clean toilets.

Mumbai Police's Economics Offence Wing (EOW) has apprehended Ashesh Mehta and Shivangi Lad Mehta in Surat. According to media reports, the couple is accused of orchestrating a massive financial fraud amounting to thousands of crores through their share trading firm.

₹10 lakh in the western suburb of Jogeshwari here, an official said on Sunday. According to details, quoted by Hindustan Times and news agency PTI, the head of the crime branch unit 10 – Inspector Deepak Sawant – donned the uniform of a food delivery agent to apprehend the accused in the SV Road area in the intervening night of Saturday and Sunday. The accused, identified as Faisal Akbar Makhanoja, was nabbed by Sawant and his team after a chase.

Mumbai. The black ants have been shared as garnish for the beverage. The video has been shared by Instagram user Nitin Tewari, whose handle read mr.bartender.