Sunday, February 22, 2026 | 09:23 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 14 - Mumbai

Mumbai's first metro line completes 11 years; served 1.11 bn commuters

Mumbai's first metro corridor, the Versova-Andheri-Ghatkopar line, has completed 11 years of operations, having transported more than 111 crore commuters since its launch in 2014. In a release issued earlier this week, Mumbai Metro One Private Limited (MMOPL) said that of the 12 stations on the 11.8-km corridor, Ghatkopar recorded the highest footfall with 30 crore commuters, followed by Andheri with 23 crore and Saki Naka with 11 crore. The current weekday ridership stands at around 5 lakh, with a peak of 5.47 lakh commuters, it added. The agency said that Metro Line 1, or Metro One, has made more than 12.6 lakh train trips, covering 1.45 crore km while maintaining 99.99 per cent punctuality and 99.96 per cent train availability. The Versova-Andheri-Ghatkopar (VAG) corridor, which commenced operations on June 8, 2014, is considered one of the major east-west links in the metropolis. The corridor's integration with other lines Line 2A at DN Nagar, Line 7 at Western Express Highwa

Mumbai's first metro line completes 11 years; served 1.11 bn commuters
Updated On : 08 Jun 2025 | 6:58 PM IST

Non-Mumbai builders tap into financial capital via redevelopment projects

Mumbai's redevelopment market is big enough to accomodate more players like Bengaluru-based Sobha and Ahmedabad-based Arvind Smartspaces are evaluating opportunities

Non-Mumbai builders tap into financial capital via redevelopment projects
Updated On : 08 Jun 2025 | 3:42 PM IST

Fire breaks out at 14-storey building in Thane, no casualties reported

A fire broke out at a 14-storey residential building in Mumbra area of Maharashtra's Thane district in the early hours of Sunday, civic officials said. There was no report of any casualty, they said. The Sheel fire station reported the blaze at 2.54 am to the disaster control room. The fire originated in an electric duct between the fourth and seventh floors of the A-wing of S K Residency building located near Mumbra bypass, Thane Municipal Corporation's disaster management cell chief Yasin Tadvi said. "The fire was limited to the electrical cable duct and did not spread to any residential flat. No casualty was reported from the site," he said. The fire brigade personnel, regional disaster management cell team and police promptly reached the spot and launched the firefighting operation. Residents of the building also joined the effort using fire extinguishers available on the premises. "The fire was completely extinguished by 3.42 am," Tadvi said. The exact cause of the blaze

Fire breaks out at 14-storey building in Thane, no casualties reported
Updated On : 08 Jun 2025 | 8:52 AM IST

Mumbai court raises domestic violence compensation from ₹5 lakh to ₹1 crore

The court observed that the woman's husband and his family are 'crorepatis', or multi-millionaires, and considered the initial compensation amount to be insufficient

Mumbai court raises domestic violence compensation from ₹5 lakh to ₹1 crore
Updated On : 06 Jun 2025 | 10:44 PM IST

No plans to raise foreign ownership cap in banks beyond 15%: RBI Governor

RBI Governor Sanjay Malhotra has said there are no plans to raise foreign ownership in banks beyond 15% for now. A review of ownership norms is underway as India needs more banks with credible owners

No plans to raise foreign ownership cap in banks beyond 15%: RBI Governor
Updated On : 06 Jun 2025 | 7:02 PM IST

ED raids 15 places in Mumbai, Kochi in ₹65 cr Mithi River desilting scam

The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities

ED raids 15 places in Mumbai, Kochi in ₹65 cr Mithi River desilting scam
Updated On : 06 Jun 2025 | 11:42 AM IST

Actor Jeetendra, family-owned firms sell Mumbai land for ₹855 crore

2.39-acre Andheri plot, which includes Balaji IT Park, has been sold by Jeetendra Kapoor's family to NTT Global Data Centres & Cloud Infrastructure India

Actor Jeetendra, family-owned firms sell Mumbai land for ₹855 crore
Updated On : 05 Jun 2025 | 11:10 PM IST

'No MBA. Just hustle': How Mumbai auto driver earns ₹5-8 lakh a month

A Mumbai auto-rickshaw driver has become an internet sensation, especially on LinkedIn, for building a genius business outside the US Consulate.

Icon Youtube'No MBA. Just hustle': How Mumbai auto driver earns ₹5-8 lakh a month
Updated On : 05 Jun 2025 | 9:09 PM IST

'No MBA. Just hustle': How Mumbai auto driver earns ₹5-8 lakh a month

A Mumbai auto-rickshaw driver has become an internet sensation, for offering a paid service to store visitors' bags while they attend their appointments at Mumbai's US Consulate

'No MBA. Just hustle': How Mumbai auto driver earns ₹5-8 lakh a month
Updated On : 05 Jun 2025 | 2:33 PM IST

527 buildings in Navi Mumbai deemed dangerous; audit must for 30-year-olds

As many as 527 buildings in Maharashtra's Navi Mumbai Municipal Corporation (NMMC) limits have been identified as "dangerous" during a survey for 2024-25, the civic body has said. It is mandatory for buildings in use for more than 30 years to undergo a structural audit by a civil or structural engineer registered with the Navi Mumbai Municipal Corporation, the NMMC said in a release issued on Wednesday. "A survey of dangerous buildings under the municipal limits for the year 2024-25 has identified 527 buildings as dangerous" under provisions of the Maharashtra Municipal Corporation Act, it said. The occupants have been advised to vacate such premises immediately, the release said. The civic body has appealed to the residents, owners and institutions to get the structural audits of such buildings conducted and submit the report to the respective assistant civic commissioner or the assistant director of urban planning by September 30. The age of the building is to be determined from

527 buildings in Navi Mumbai deemed dangerous; audit must for 30-year-olds
Updated On : 05 Jun 2025 | 12:06 PM IST

Court to hear Tahawwur Rana's 26/11 plea for family contact on 9 June

Tahawwur Rana, accused in the 26/11 Mumbai attacks case and extradited from the US, seeks court approval to communicate with family while in judicial custody

Court to hear Tahawwur Rana's 26/11 plea for family contact on 9 June
Updated On : 04 Jun 2025 | 6:39 PM IST

Need to serve all asset classes across MMR: Keystone Realtors CMD

Boman Irani said that the company will launch a senior living project, get into data centers and will divest 3.35 per cent to meet Sebi norms to partially fund capex

Need to serve all asset classes across MMR: Keystone Realtors CMD
Updated On : 04 Jun 2025 | 5:10 PM IST

Drive against plastic: Cloth bag machine to be installed at secretariat

The Maharashtra government is planning to set up a cloth bag vending machine at Mantralaya (state secretariat) here in its drive against single-use plastics ahead of the World Environment Day on Thursday, an official said. All departments at the secretariat have been asked to collect and deposit the single-use plastic items at their offices as part of the drive, he said. The state Environment and Climate Change Department is planning to install the cloth bag vending machine at the secretariat on Thursday as a demonstration for daily visitors, the official said. It issued an order on Tuesday, asking all the departments to deposit the single-use plastic items in their offices at the Trimurti location in the Mantralaya. The environment department has already installed cloth bag vending machines at prominent locations, including the Shreemant Dagdusheth Halwai Ganpati Temple in Pune and a temple at Parli Vaijanath in Beed district. These machines dispense eco-friendly cloth bags for R

Drive against plastic: Cloth bag machine to be installed at secretariat
Updated On : 04 Jun 2025 | 12:06 PM IST

Tesla leases warehousing facility in Mumbai's Kurla West for five years

Tesla leases 24,565 sq ft facility in Kurla West for vehicle servicing, signalling expansion in India amid market launch preparations

Tesla leases warehousing facility in Mumbai's Kurla West for five years
Updated On : 04 Jun 2025 | 12:22 AM IST

Mumbai is 6th globally in under-construction data centre capacity: Report

Ranking 7th most established data centre market in APAC, Mumbai accounts for 42 per cent of India's projected under-construction capacity

Mumbai is 6th globally in under-construction data centre capacity: Report
Updated On : 03 Jun 2025 | 12:20 PM IST

IRS officer's premises raided: ₹1 cr cash, 3.5 kg gold, 2 kg silver seized

CBI seizes ₹1 crore cash, 3.5 kg gold, and 2 kg silver in raids on IRS officer Amit Kumar Singal's properties across Delhi, Mumbai & Punjab in a ₹25 lakh bribery case linked to a pizza chain

IRS officer's premises raided: ₹1 cr cash, 3.5 kg gold, 2 kg silver seized
Updated On : 02 Jun 2025 | 11:27 PM IST

Godrej acquires 14-acre land in Pune to build project worth Rs 4,200 cr

Realty firm Godrej Properties Ltd has acquired a 14-acre land in Pune to develop a housing project with a revenue potential of Rs 4,200 crore as part of its expansion plan. In a regulatory filing on Monday, Godrej Properties said it will develop the 14-acre land parcel in Kharadi - Wagholi, Pune. The development on this land will comprise primarily premium group housing. "The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Kharadi - Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India." "We will aim to build a high-quality development that creates long-term value for its residents," Pandey said. Mumbai-based Godrej Properties is one of

Godrej acquires 14-acre land in Pune to build project worth Rs 4,200 cr
Updated On : 02 Jun 2025 | 12:08 PM IST

What is the Dharavi master plan and why residents fear it | Dharavi redevelopment | Maha govt

The Maharashtra government has cleared the ₹95,790 crore Dharavi Redevelopment Master Plan, aiming to transform Asia’s largest slum by 2032. But as the state promises a cleaner, greener future

Icon YoutubeWhat is the Dharavi master plan and why residents fear it | Dharavi redevelopment | Maha govt
Updated On : 02 Jun 2025 | 10:35 AM IST

First parcel train carrying 24 tonnes of cherries leave J-K for Mumbai

A parcel train containing 24 tonnes of cherry left Jammu and Kashmir's Katra station for Mumbai on Saturday, marking the first such initiative which was described by the Jammu division of the Northern Railway as "historic". The parcel train, which will reach Mumbai's Bandra station within 30 hours, was earlier scheduled for June 3 but was advanced to facilitate two more indents for loading of cherries, one from Shri Mata Vaishno Devi Katra station and another from Jammu station, in the coming days, a railway official said. The fruit growers in Kashmir welcomed the initiative and hoped that the much-awaited Kashmir rail link will be connected to the railway network soon to facilitate transportation of the perishable fruits directly from the valley to various destinations across the country. Today will be counted as a historic day in the recently created Jammu division of Northern Railway as railways took a unique initiative to transport 24 tonnes of cherry from Katra to Bandra ...

First parcel train carrying 24 tonnes of cherries leave J-K for Mumbai
Updated On : 31 May 2025 | 7:32 PM IST

Mumbai's unsold luxury stock rises 36% Y-o-Y in Q1 '25, 1st time since 2022

As many as 8,420 luxury units priced over Rs 2.5 crore were unsold in the city in Q1 2025, compared to 6,180 units unsold during the corresponding period the previous year

Mumbai's unsold luxury stock rises 36% Y-o-Y in Q1 '25, 1st time since 2022
Updated On : 31 May 2025 | 4:39 PM IST