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The Latest Breaking News from Mumbai

RBI cancels licence of MP-based Garha Co-operative Bank

MUMBAI: The Reserve Bank of India (RBI) on Monday cancelled licence of Garha Co-operative Bank, Guna in Madhya Pradesh as the lender does not have adequate capital and earning prospects.

The Times of India

Adani Group decides against bid for stake in power trader PTC

MUMBAI: Billionaire Gautam Adani has decided against bidding for a stake in state-backed electricity trader PTC India, people familiar with the matter said, as his business empire looks to preserve cash amid criticism from a US short-seller.

The Times of India

Sensex, Nifty pare early gains to settle lower for 2nd straight session

MUMBAI: Benchmark equity indices sensex and Nifty pared early gains to close lower by over half a per cent on Monday due to losses in oil gas and banking shares amid concerns over further uptick in interest rates.

The Times of India

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Maharashtra RERA issues show-cause notices to 313 projects for shortcomings

MUMBAI: Following an external auditor's report pointing to several shortcomings, the Maharashtra Real Estate Regulatory Authority on Monday said it has issued show-cause notices to 313 big projects across the state.

The Times of India

Mumbai: Man Dies After Assaulted By Brothers, Their Wives Over Property Dispute; Wife Alleges Murder

A man in Mumbai's Jogeshwari died after he was allegedly assaulted by his two younger brothers and their wives. Read further on Dynamite News:

Dynamite News

Security tackles a fan who jumped barricades to meet Akshay Kumar; here's how the actor REACTED!

Akshay Kumar, who is busy promoting his upcoming film, 'Selfiee', attended an event in Mumbai recently. The actor was seen greeting fans by shaking their hand when suddenly a fan jumped barricades to meet him.

The Times of India

Gautam Adani maps comeback strategy after $132 billion Hindenburg rout

MUMBAI: Almost a month after a bombshell short seller report lopped off $132 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis communication and legal teams, scrapped a $850 million coal plant purchase, reined in expenses, repaid some debt and promises to repay…

The Times of India

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Autonomous institutions have become slaves of Modi govt, says Uddhav Thackeray; asks supporters to be ready for polls

MUMBAI: A day after the Election Commission (EC) gave the Shiv Sena name and poll symbol of "Bow and Arrow" to the Maharashtra CM Eknath Shinde's faction, recognizing them as the real Shiv Sena, Sena (UBT) president Uddhav Thackeray asked his party leaders to prepare for the BMC polls even…

The Times of India

ED counsel seeks cancellation of 'perverse' bail granted to Sanjay Raut before HC

MUMBAI: The Bombay high court on Saturday had a special bench of Justice Nitin Borkar hearing a petition filed by the Enforcement Directorate (ED) for cancellation of bail granted to Rajya Sabha Member of Parliament (MP) of Shiv Sena (UBT) Sanjay Raut and his alleged associate Pravin Raut in the…

The Times of India

'Bow and arrow' symbol of Shiv Sena stolen, thief needs to be taught lesson: Uddhav Thackeray slams Maharashtra CM Eknath Shinde

MUMBAI: In a remark aimed at Maharashtra CM Eknath Shinde, Shiv Sena (UBT) president Uddhav Thackeray on Saturday told his supporters that the party's 'bow and arrow' symbol has been stolen and the thief needs to be taught a lesson.

The Times of India

Mumbai police tracks down debt-ridden man after his Twitter post talks of suicide

MUMBAI: Mumbai police tracked down a 24-year-old man, a resident of Chunabhatti near Chembur, within hours after he posted a thread on Twitter saying he was planning to end his life and reached out to him for counselling, an official said on Saturday.

The Times of India

Shiv Thakare: I knew the importance of being real on a reality show

After an eventful journey in the Bigg Boss house, 'BB16' runner-up Shiv Thakare made a brief visit to his hometown before he returned to Mumbai. The Amravati boy says that it was a dream come true for him and despite not winning the show, he’s happy to have won hearts.…

The Times of India

It is victory of ideologies of Balasaheb, says Maharashtra CM Eknath Shinde on EC order over Shiv Sena's name and symbol; Uddhav Thackeray condemns decision, says he will move SC

MUMBAI: After the Election Commission of India issued an order to allot party name 'Shiv Sena' and party symbol "bow and arrow" to Maharashtra CM Eknath Shinde's faction on Friday, he said that it is a "victory of democracy" and "ideologies", while former CM Uddhav Thackeray called the decision dangerous…

The Times of India

IPL 2023: Full league stage schedule for Mumbai Indians, matches timings, venues and full squad

NEW DELHI: Five-time champions Mumbai Indians will look for a fresh start after a couple of below-par seasons when they begin their campaign against Royal Challengers Bangalore starting April 2 in the upcoming edition of the Indian Premier League.

The Times of India

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The Times of India

Mumbai's largest landowner sells its 5.5-acre land parcel for Rs 71 crore

MUMBAI: The A H Wadia Trust, one of Mumbai’s largest private landowners, has sold its 5.5-acre land parcel in Kole Kalyan, Andheri Taluka, for Rs 71 crore. The buyer is Global Eco Hotels, which is involved in hotels, camping sites and short-stay accommodations.

The Times of India

One of largest private landowners in Mumbai sells its 5.5-acre land parcel for Rs 71 crore

The Times of India

India's forex reserves post biggest weekly decline in over 11 months

MUMBAI:India's foreign exchange reserves experienced their largest decline in over 11 months, likely due to dollar sales by the Reserve Bank of India to stabilize the rupee.

The Times of India

Sensex, Nifty snap 3-day gaining streak as financial, IT shares decline on inflation concerns

MUMBAI: Benchmark indices sensex and Nifty snapped their three-day winning run to close down by half a per cent on Friday due to selling in financial and IT shares amid weak global market trends.

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Newslaundry

BBC survey: Tax dept claims ‘irregularities in payments’, points to ‘crucial evidence’

A day after it concluded its three-day survey on the BBC’s premises in Delhi and Mumbai, the income tax department on Friday claimed to have “unearthed crucial evidences” and “irregularities” in “certain tax payments”.

Dynamite News

Under Cost-Cutting Drive, Twitter Shutters Offices In Delhi, Mumbai; Staff To Work From Home

Twitter has shut offices in Delhi and Mumbai and asked staff members to work from home. Read further on Dynamite News:

The Times of India

Rohit Sharma best IPL captain: Virender Sehwag

NEW DELHI: Former explosive India opener Virender Sehwag feels Rohit Sharma is the best IPL captain, picking the Mumbai Indians' skipper over legendary MS Dhoni.

Newslaundry

Tax survey ends on Day 3, BBC says will continue to report without fear

Income tax officials have ended their survey at the BBC offices in Delhi and Mumbai, according to the British broadcaster. The offices were searched over three days with the government suggesting that the move was linked to an alleged violation of transfer pricing rules and diversion of profits.

Businessweek

The Staged Bomb Scare That Backfired on Mumbai’s Notorious Cops

Terrorists were blamed when explosives were found in an SUV parked outside billionaire Mukesh Ambani’s home in 2021. The truth was far more alarming.

The Times of India

I needed to settle down financially, so had to opt out of Band of Boys: Sudhanshu Pandey

Actor Sudhanshu Pandey, who is currently seen in the TV show Anupamaa, used to be a part of the boy band A Band of Boys. However, the actor opted out of the band in 2005. Recently, the band performed at the Kala Ghoda Arts Festival. We asked Sudhanshu if he…

The Times of India

Most Adani dollar bonds rally out of distressed territory

MUMBAI: Most Adani group dollar bonds have climbed out of distressed territory after the company said it will address upcoming maturities, the latest boost to investor sentiment in recent days after an initial rout sparked by a US short-seller report.

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