Page 34 - Mumbai

SC rejects plea seeking facilities for cricketers on Mumbai public grounds

The Supreme Court on Friday dismissed a plea challenging the Bombay High Court's order which had disposed of a petition seeking directions to provide drinking water and other facilities to cricket players during practice or unofficial matches on public grounds in Mumbai. "What kind of a PIL (public interest litigation) is this? Cricketers will take care if they are not provided toilets. Why an advocate should be bothered about it," a bench of Justices A S Oka and A G Masih observed. The bench was hearing a petition filed by a lawyer, who had challenged the high court's June last year order disposing of his petition. In his PIL filed before the high court, he had sought directions to the Mumbai Cricket Association and the Board of Control for Cricket in India (BCCI) to provide drinking water and other facilities to players during practice or unofficial matches on public grounds. "Look at the photographs which you have annexed. Playing in these conditions, these grounds in Mumbai hav

Tower-Adani JV to set up $10 bn semiconductor unit in Maharashtra: Fadnavis

The proposed semiconductor manufacturing plant, located in the Navi Mumbai suburbs in Raigad district, will have an initial capacity of 40,000 WSPM in the first phase, with an ultimate capacity of 80,

MMRDA appoints contractors for projects worth Rs 12,500 cr in Mumbai, Thane

The Mumbai Metropolitan Region Development Authority has appointed contractors for nine infrastructure projects worth Rs 12,500 crore in and around Mumbai, including the extension of the Eastern Freeway up to Thane. In a release on Thursday, MMRDA said that the executive committee of the urban planning body chaired by Maharashtra Chief Secretary Sujata Sainik approved these projects "to alleviate traffic congestion and enhance connectivity". MMRDA prepares plans, formulates policies and programmes, and implements projects, besides helping in directing investments in the Mumbai Metropolitan Region (MMR), which is spread over 6,328 sq km and comprises nine municipal corporations. The projects for which the contractors have been appointed include the Rs 2,727-crore Balkum-Gaimukh Thane Coastal Road that will run for 13.45 km, a creek bridge and a road from Kasarvadavali (Thane) to Kharbao (Bhiwandi) that will cover 3.93 km and come up at Rs 1,525.31 crore. The 12.95-km-long extension

89% of all ultra-luxury homes sold since 2022 were in Mumbai alone: Anarock

In 2022, 13 ultra-luxury homes were sold, with 11 of them in Mumbai and two in Delhi NCR

Mumbai: Pod taxi service coming to BKC, MMRDA approves new transit project

The pod taxi project, aimed at improving last-mile connectivity in BKC, is expected to serve 400,000 to 600,000 daily commuters

AP Dhillon assures fans of safety after shots fired outside Canada home

A day after shots were reportedly fired outside his Canada residence, India-born Canadian artiste AP Dhillon assured fans about his safety and thanked them for their support. According to media reports, a purported post from Rohit Godara, a member of the Lawrence Bishnoi gang, has taken responsibility for the incident. Popular Punjabi singer Dhillon, who is based out of Vancouver, shared a message on his Instagram Stories on Monday night after the alleged shooting. "I'm safe. My people are safe. Thank you to everyone who reached out. Your support means everything. Peace and love to all," he wrote. The incident comes weeks after Dhillon featured with Bollywood superstar Salman Khan in the music video of his song "Old Money". Shots were also fired outside Khan's Mumbai apartment in April and the actor has told police that he believes the Lawrence Bishnoi gang was responsible for the same. Dhillon is a rising global star in the hip-hop scene with songs such as "Brown Munde", "Excuses

Govt greenlights Rs 18,036 crore for 309 km Mumbai-Indore rail line

Spanning 6 districts, the project will be the shortest rail line between Mumbai and Indore, expected to create direct employment for about 10.2 million man-days during the construction phase

PVR INOX to close 70 non-performing screens in FY25 in Mumbai, Vadodara

Leading multiplex operator PVR INOX plans to close 70 non-performing screens in FY25 and will go for potential monetisation of non-core real estate assets in prime locations such as Mumbai, Pune, and Vadodara, according to its latest annual report. Though the company will add 120 new screens in FY25, it will also close almost 6070 non-performing screens, as it chases for profitable growth. About 40 per cent of new screens addition will come from South India, where it will have a "strategic focus" on this lesser penetrated region as per its medium to long-term strategy. Moreover, PVR INOX is redefining its growth strategy by transitioning towards a capital-light growth model to reduce its capex on new screens addition by 25 to 30 per cent in the current fiscal. Now, PVR INOX will partner with developers to jointly invest in new screen capex by shifting towards a franchise-owned and company-operated (FOCO) model. It is also evaluating monetisation of owned real estate assets, as the

NGOs back Dharavi redevelopment survey, say opposition only by non-locals

Several non-government organisations working in Dharavi have pledged their support to the ongoing state government-led survey of informal tenants in Asia's biggest slum and accused non-locals of trying to stall redevelopment by spreading misinformation, according to letters they wrote to state government authorities. The NGOs have written to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA), a government of Maharashtra body overseeing the USD 3-billion redevelopment project being executed by the Adani group, extending support for the survey. A total of eight NGOs and citizen welfare associations involved in diversified welfare activities ranging from health, education, women empowerment amongst others, met with DRPPL CEO and extended support of Dharavikars to the state-government-led survey currently being conducted in the area. While extending support to the survey, Noor Mohammed Khan of Global Giving Foundation and All India Police Jan Seva Sangathna asked the

RCap lenders accuse IIHL of using delaying tactics, firm denies allegations

Lenders to debt-ridden Reliance Capital Ltd (RCAP) have alleged that Hinduja Group firm IIHL is indulging in delaying tactics, resulting in slowdown in implementation of the resolution plan. Mauritius-based IndusInd International Holdings Ltd (IIHL) emerged as a successful bidder for acquisition of Reliance Capital. The NCLT Mumbai on February 27, 2024, approved IIHL's Rs 9,861-crore resolution plan for the debt-ridden financial firm. According to sources, lenders claimed that IIHL's move to seek approval from the Department of Industrial Policy and Promotion (DIPP) is an afterthought. It was not even a part of conditions set out by the NCLT while approving the resolution plan on February 27, 2024. The message sent to IIHL for comments on the issue did not elicit response till the filing of the story. According to sources, 90 days have passed since IIHL submitted the application with DIPP, but the approval is still pending. DIPP approval is required as some of the shareholders o

Property registration in Mumbai likely to rise 7% in Aug on strong demand

Registration of properties in Mumbai municipal region is likely to rise 7 per cent annually in August to around 11,650 units on strong demand, according to Knight Frank India. Citing Maharashtra government data, real estate consultant Knight Frank India said that Mumbai city (area under BMC jurisdiction) has recorded 11,631 property registrations so far in the month of August. The data is till 8.15 pm on Saturday, August 31 and the number is likely to increase slightly to around 11,650 units. In August 2023, the Mumbai city saw registration of 10,902 properties. The data pertains to registration of properties transacted in both primary (first sale) and secondary (resale) markets. The state government is expected to earn more than Rs 1,050 crore from the registration of these properties. "Sustained buyer confidence has resulted in consistent sales on monthly basis, exceeding 10,000 units for the first eight months of the year," the consultant said. Shishir Baijal, Chairman & ...

Global Fintech Fest highlights: India's fintech revolution is improving financial inclusion, says PM

PM Modi at Global Fintech Fest highlights: Catch all the news developments here

Post-Covid, senior citizens lead 204% surge in Mumbai property: Report

The 61-and-above age cohort has emerged as the fastest-growing segment, surpassing all other age groups in market share growth

Bombay HC likely to ban use of PoP idols for Ganesh Chaturthi festival

The bench also criticised the civic body of Mumbai for its inability to enforce a ban on PoP idol production, despite the Central Pollution Control Board issuing clear guidelines against its use since

Cong MP Varsha Gaikwad claims police detained her ahead of PM's visit

Congress MP Varsha Gaikwad claimed on Friday that police had detained her and many of her party workers ahead of their planned protest during Prime Minister Narendra Modi's visit to Mumbai. Modi is scheduled to address Global Fintech Fest (GFF) 2024 in the city and lay the foundation stone of Vadhvan Port project worth around Rs 76,000 crore in Palghar on Friday, according to his office. The police are there at my residence since 7 am. They are not even allowing me to walk two steps. What can I say if asking (PM) to apologise or stage a silent protest is a crime. If questions cannot be asked to the country's prime minister, then whom should we pose our questions to, she said. The Mumbai Congress had planned a protest during PM's visit to Mumbai. We have been detained for raising our voice for Chhatrapati Shivaji Maharaj, for Maharashtra's pride. But we will not be deterred. The Prime Minister must apologise for the insult to our icon, Gaikwad, who is also the Mumbai Congress chief,

MHADA offers upto 25% discount on 370 houses in South Mumbai: Details here

These houses are part of Mumbai lottery draw which was called earlier this month for 2030 houses

Adani's Dharavi slum revamp struggles to secure land in potential setback

The project, which aims to rehouse a million people, is a critical and high-profile project for Adani

Hyderabad-bound private chopper crashes near Pune, all 4 occupants survive

A private helicopter flying from Mumbai to Hyderabad crashed in Mulshi tehsil of Pune district on Saturday afternoon but all four persons on board survived, police said. While the pilot was hospitalised at Paud, about 30 to 35 km from Pune city, the three passengers suffered minor injuries, an official said. Bad weather was suspected to have caused the crash as the area is receiving heavy rains, said inspector Manoj Yadav of Paud police station. The chopper, belonging to Global Vectra aviation company, crashed at Kondhwale village around 2 pm, he said. Locals rushed to the rescue of the occupants as it came down. "When they took off from Mumbai, the weather was fine, but when the chopper reached Paud area, which has been receiving rains since last night, it encountered difficulties. The pilot tried to land but it hit a babul tree and then crashed to the ground," said inspector Yadav. As the fall was broken by the tree, the impact of the final crash appeared to have been mitigated

Mumbai ranks 2nd, Delhi 3rd globally in annual housing price rise

Mumbai and Delhi are at the second and third positions, respectively, among 44 cities globally in annual price rise of prime residential properties during the June quarter, Knight Frank said in a report. The annual price growth across the 44 cities globally slowed to 2.6 per cent in the second quarter of the 2024 calendar year, from 4.1 per cent in the preceding quarter, real estate consultant Knight Frank report said. Manila ranked first with a 26 per cent annual rise during the quarter. Mumbai, with an annual price rise of 13 per cent in prime residences, ranked second, up from its 6th rank in the year-ago period. New Delhi, which recorded a rise of 10.6 per cent year-on-year in prime residential property prices, made a stupendous jump in rankings from 26th a year earlier to third during the quarter under review. Bengaluru saw a 3.7 per cent increase in annual price rise. Its ranking remained same at 15th. "Being the largest residential markets of the country, the strong price

Tribeca picks 4 Indian cities for Trump Towers in FY26, seeks new deals

The company has targeted Mumbai, Pune, Gurugram, and Hyderabad as the new locations for Trump Towers in India