Page 20 - Mumbai

Mumbai's iconic Laxmi Nivas bungalow gets new owner; sold for Rs 276 cr

Built by a Parsi family from Old Bombay in 1904, the colonial bungalow was sold to the Upendra Trikamdas Kapadia family in 1917 and has been their home for over three generations

Cabinet approves 6-lane highway project connecting JNPT at Rs 4,500 crore

According to an official statement, the project will be developed on build, operate and transfer (BOT) mode at a total cost of Rs 4,500.62 crore

NSE to relocate headquarters, convert BKC office into data center

The Mumbai Metropolitan Region Development Authority has allotted over an acre of prime land to NSE on a long-term lease of more than 80 years

Mumbai Airport's Terminal 1 to be razed over safety concerns: AERA

AERA's statement and these audit findings come after the collapse of Delhi Airport's Terminal 1 canopy on June 28 last year, which killed a cab driver and injured eight people

Ukraine foreign minister Andrii Sybih to visit Mumbai on Wednesday

Ukraine's Foreign Minister Andrii Sybiha will be visiting the city on Wednesday to deepen trade ties between the war-impacted country and India, organisers said on Sunday. Sybiha will be attending a trade event in the World Trade Centre here along with his delegation which includes senior diplomats from his ministry and also Ukraine's Ambassador to India Oleksandr Polishchuk, as per chairman of WTC Vijay Kalantri. The minister will be in India on a three-day visit from Monday, which will start in New Delhi, where he is expected to meet PM Narendra Modi and also participate in the Raisina Dialogues, as per reports. The visit comes amid heightened efforts to establish peace in the European country which was attacked by Russia three years ago. With an eye on reconstruction of the country, the Ukrainian delegation has also evinced interest to meet infrastructure and construction companies at the event jointly organised by WTC and All India Association of Industries, Kalantri ...

Is 'rap god' Eminem coming to India for debut concert? All we know

A website began selling tickets for a multi-city tour of Eminem, claiming an association with global entertainment giant Live Nation. Here's all we know

ED files plaint against 24 in Rs 2,467 crore credit society fraud case

During the PMLA investigation, ED found that Suresh Kute and others lured more than four lakh investors to deposit money with DMCSL by promising higher returns

Mumbai's Worli sees ultra-luxury deals worth Rs 4,862 cr in 2 yrs: Anarock

The locality had a total housing supply of 4,600 units till 2024, with an average price of Rs 75,000 per square foot

Fraud, black magic & Rs 1,250 cr missing: Lilavati Hospital under scanner

Mumbai's Lilavati Hospital has been rocked by shocking allegations, with trustees facing fraud, occult ritual claims, and a massive financial misappropriation probe

Lilavati Hospital trust alleges Rs 1,200 cr fraud, files complaint with ED

The Lilavati Kirtilal Mehta Medical Trust (LKMM) filed a complaint against its ex-trustees, accusing them of siphoning off trust funds through fraudulent means and illegal offshore transactions

Ex-trustees misappropriated Rs 1,500 cr, claims Lilavati Hospital Trust

The charitable trust that runs Mumbai's well-known Lilavati Hospital on Tuesday alleged that funds to the tune of over Rs 1,500 crore were misappropriated by its former trustees and other related individuals. The Lilavati Kirtilal Mehta Medical Trust (LKMMT) has lodged separate complaints with the Enforcement Directorate (ED) and at the Bandra Police Station in this regard. It has also claimed black magic was performed in the hospital premises by erstwhile trustees and related individuals. The complaints allege the misappropriation, uncovered during a forensic audit of Lilavati Hospital's financial records, has impacted the trust's operations and healthcare services provided by the leading private medical facility located in upscale Bandra area. "We filed complaints which translated into FIRs due to the orders of the Bandra Magistrate Court. More than three FIRs have been filed against the former trustees and other related individuals. A fourth proceeding against these individuals

Adani Group wins Rs 36,000 cr Mumbai's Motilal Nagar redevelopment project

After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W). Adani Properties Pvt Ltd (APPL) emerged as the highest bidder, offering more built-up area than its nearest rival, L&T, sources aware of the matter said. Letter of Allotment (LoA) will be issued in due course. This will be the second mega redevelopment project of Adani Group in Mumbai. It is already redeveloping Dharavi, one of Asia's largest slums in Mumbai. Adani Group did not offer any comments on the story. The Mumbai High Court last week gave Maharashtra Housing and Area Development Authority (MHADA) a go-ahead to redevelop Motilal Nagar through a construction and development agency (C&DA). The state government has declared it as a 'special ..

India's data centre capacity to grow to 2,000-2,100 MW by March 2027: ICRA

India's data centre (DC) operational capacity is expected to increase to 2,000-2,100 MW by March 2027 from around 1,150 MW as of December 2024, on the back of data usage and data localisation initiatives, according to rating agency Icra. Indian data centre players are projected to invest Rs 2-2.3 lakh crore, with a development pipeline of 3-3.5 GW to be delivered over the next 7-10 years. "Driven by AI requirements, the global DC market has already witnessed multiple large deals (>300 MW) signed by hyperscalers and India is expected to follow the trend. This, coupled with favourable regulatory policies and an infrastructure status for the DC sector will support strong growth prospects in India in the coming decade," Anupama Reddy, Vice President and Co-Group Head, Corporate Ratings, Icra said. While cloud, 5G rollout, machine learning and internet of things (IoT) are expected to generate enormous data and storage requirements, GenAI-led high computing requirements present a new .

Guns N' Roses to return to India after 12 years with Mumbai concert

Guns N' Roses to perform in India after 12 years, with a Mumbai concert on May 17. The iconic rock band's India 2025 Tour tickets go live on March 19

Maharashtra Budget 2025: New airport, job generation, road development

Ajit Pawar presented his 11th Maharashtra budget, making him the second-most frequent budget presenter in the state's history

Akshay Kumar sells Mumbai apartment in Borivali East for Rs 4.35 crore

The 1,073 sq ft apartment was bought in November 2017 for Rs 2.37 crore

MSRDC secures $2.5 bn funding commitments for Mumbai's ring road project

The new road, part of an ambitious infrastructure makeover of the world's densest metropolitan region, is intended to reduce traffic congestion near Mumbai and improve road quality

Four labourers die of suffocation while cleaning water tank in Mumbai

Four labourers died of suffocation on Sunday while cleaning a water tank in an under-construction building in south Mumbai, officials said. They had put the death toll at five earlier. "The incident occurred at Bismillah Space building located on Dimtimkar Road in the Nagpada area around 12.30 pm. Five persons entered the tank and fell unconscious. They were rescued by fire brigade personnel and rushed to JJ Hospital, where doctors declared four dead on arrival," a civic official said. He identified the deceased as Hasipal Shaikh (19), Raja Shaikh (20), Jiaulla Shaikh (36) and Imandu Shaikh (38), while the fifth person, Purhan Shaikh (31) is recuperating. An accidental death report (ADR) was registered and a probe has begun to find out lapses, if any, on the part of those who hired the five and whether safety protocols were adhered to, a JJ police station official said. Action will follow as per the findings of the probe, the police official added. Fire Brigade, BMC and police ..

Truck rentals stay lacklustre in Feb due to lower infra sector demand

The All India Motor Transport Congress (AIMTC) raised concerns over the government's draft notification, which proposes increased renewal charges for registration and fitness certificates

MeToo row: Mumbai court rejects Tanushree Dutta's plea against Nana Patekar

A Mumbai court on Friday refused to take cognisance of "MeToo" allegations levelled against veteran actor Nana Patekar by his co-star Tanushree Dutta in 2018 after observing the complaint was filed "beyond the period of limitation" without explaining reason for delay. In her complaint filed in October that year, Dutta had accused Patekar and three others of harassing and misbehaving with her in 2008 while shooting a song on the sets of the film "Horn Ok Pleasss". The issue hit national headlines and had sparked the #MeToo movement on social media. The police, in 2019, filed its final report before a magistrate court stating that its probe did not find anything incriminating against any of the accused. The FIR was found to be false, the police further said in its report. In legal terms such a report is called a 'B-summary'. At the time, Dutta had filed a protest petition urging the court to reject the B-summary. She urged the court to order further probe into her complaint. ...