Page 36 - Mumbai

Keystone Realtors Q1 results: PAT down 45% at Rs 26 cr on higher expenses

Keystone Realtors on Monday reported 45 per cent decline in consolidated net profit at Rs 25.82 crore for June quarter FY25 on higher expenses. The company, which sells properties under Rustomjee brand, had posted a net profit of Rs 46.97 crore for the year-ago period. Total income increased to Rs 437.20 crore during April-June period of this fiscal from Rs 282.82 crore in the corresponding period of the previous year. Total expenses, including construction spend, surged to Rs 398.16 crore from Rs 216.54 crore during the period under review. After a robust performance in 2023-24, Rustomjee Group continued its impressive performance in April-June quarter of 2024-25, recording pre-sales of Rs 611 crore, reflecting a robust 22 per cent year-on-year growth," Chairman and Managing Director Boman Irani said. In June quarter, he said the company launched two new projects with an estimated GDV (gross development value) of Rs 2,017 crore, perfectly aligned with its guidance of launching tw

IMD issues red alert for Maharashtra, MP; orange alert for Kerala, Himachal

IMD weather update: The IMD said heavy rainfall is expected in Himachal Pradesh, Kerala, Uttarakhand, Konkan, Goa, Gujarat, Rajasthan, Karnataka, Assam, and Meghalaya

Ghatkopar reminder: Thane hoarding collapse injures three amid new rules

A billboard fell in the Kalyan area of Thane district of Maharashtra amid heavy rainfall, three months after a similar incident claimed the lives of 17 in Mumbai's Ghatkopar

Mumbai sees uptick in malaria, H1N1 cases in July, drop in dengue

Mumbai has recorded a "slight increase" in malaria and H1N1 (flu) cases in July 2024 at 797 and 161, respectively, as compared to the same month last year, the city civic body said on Wednesday. In its report on "Monsoon-related diseases", the Brihanmumbai Municipal Corporation (BMC) said as compared to July 2023, the data for July 2024 showed a decline in cases of dengue, leptospirosis and gastroenteritis, but a slight uptick in malaria and H1N1 (flu) infections in the financial capital. Mumbai reported 797 cases of malaria and 161 of H1N1 in July 2024, up from 721 and 106, respectively, in the same month last year, according to the report. Cases of dengue, leptospirosis, gastroenteritis, hepatitis and chikungunya dropped to 535, 141, 1239, 146 and 25 in July 2024 from 685, 413, 1767, 144 and 27 in July 2023, respectively, it said. The BMC said it covered nearly 11.95 lakh households and about 55.80 lakh population during its house-to-house fever survey in July 2024 and gave ...

Kotak MF's Nilesh Shah bats for restrictions on retail investors in F&O

Budget with BS: The Fine Print: 'Atithi Devo Bhava' is good for tourism not for financial markets; there should be no differential treatment, said Nilesh Shah, managing director of Kotak Mutual Fund

Property buyers in Mumbai demand larger flats; registration up 16% in July

The Western and Central Suburbs of Mumbai continue to be the preferred choices for property buyers

Howrah-Mumbai Mail derails in Jharkhand; 2 killed and 20 injured

2 persons were killed and 20 injured when at least 18 coaches of the Howrah-Mumbai Mail derailed in Jharkhand’s Seraikela-Kharsawan district early Tuesday, according to officials.

Mumbai-Howrah Mail accident: Railways cancels at least 5 trains. Full list

Jharkhand train accident: At least 18 coaches of the Howrah-Mumbai Mail derailed in the predawn hours of Tuesday around 80 km from Jharkhand's Jamshedpur killing at least two people

6 dead in Maharashtra amid heavy rainfall; IMD issues 'red' alert in state

Heavy rainfall in Mumbai resulted in the cancellation of 11 flights and the diversion of 10 others to nearby airports on Thursday

Dilip Kumar's sea-view Pali Hill property sold for a whopping Rs 172 cr

The redeveloped building will feature a 2,000-square-foot museum dedicated to legendary Bollywood actor Dilip Kumar, along with 4- and 5-BHK luxury apartments

IMD issues 'yellow' alert for Mumbai; Andheri subway shut, trains delayed

Mumbai rains: Regional Meteorological Centre said heavy rainfall is expected at isolated locations in the North Madhya Maharashtra and Marathwada regions of the state on Thursday

INS Brahmaputra fire: Search for missing sailor persists, Navy orders probe

On July 21, a fire broke out on the Indian Naval Ship Brahmaputra, a multi-role frigate, while it was undergoing refit at the Naval Dockyard in Mumbai

Aqua Line starts today: Details on Mumbai's 1st underground metro here

At a project cost of Rs 37,000 crore, Mumbai's Aqua Line will be the first underground metro in the city and aims to reduce travel time between Cuffe Parade to the airport from 100 min to 50 min

IMD issues 'red' alert for Maharashtra; Mumbai flooded by heavy rain

IMD weather update: The IMD has predicted heavy rain for Mumbai and Thane, issues a 'yellow' alert for Tuesday and an 'orange' alert for Wednesday

Navy's INS Brahmaputra severely damaged in fire, 1 sailor missing

In the afternoon on Monday, the ship experienced severe listing to one side (port side), the release said. "Despite all efforts, the ship could not be brought to the upright position

News updates: Delhi court extends Manish Sisodia's judicial custody till July 26 in excise case

From Indian Army thwarting a major terror attack in Rajouri to Air India issuing full refunds for cancellation of flight due to Mumbai rain, catch all the latest LIVE updates here

Fire erupts aboard Naval ship at Mumbai dockyard, doused; no casualty

A fire erupted onboard an indigenous frigate ship undergoing refit at Mumbai's Naval Dockyard which was swiftly doused, an official said on Monday. No casualties were reported in the incident which occurred on Sunday evening. The Indian Navy in a statement said an inquiry has been ordered to investigate the cause of the fire which was detected by the ship's duty staff while carrying out routine maintenance work. "A fire broke out onboard an Indian Naval Ship undergoing refit at Naval Dockyard, Mumbai on 21 July 2024 evening," the Navy stated. Details about the extent of the damage caused to the ship due to the fire are not available. "The ship's firefighting team immediately commenced firefighting action and was augmented by the fire brigade from the Naval dockyard, Mumbai and other units in the vicinity. The fire has been brought under control and no casualties have been reported in the incident," the Navy said.

Heavy rainfall lashes Mumbai; flights, suburban train services disrupted

IMD weather update: Mumbai is currently experiencing heavy downpours. An 'orange' alert has been issued for the Konkan region

Mumbai sees heavy showers; flights diverted, waterlogging in many areas

Heavy rains pounded Mumbai and its suburbs on Sunday, disrupting flight operations and inundating roads in many parts of the city, officials said. Flight operations at Chhatrapati Shivaji Maharaj International Airport were suspended twice for a brief period due to inclement weather and low visibility, a source said. At least 15 flights were diverted to the nearby airports, mainly Ahmedabad, till 4 pm. As intermittent heavy spells of rain hit the city, runway operations were suspended at 12.12 pm for eight minutes and from 1 pm to 1.15 pm, the source said. Flights of IndiGo, Air India, Vistara and Akasa were diverted, it was stated. According to the Brihanmumbai Municipal Corporation, the city received 82 mm of rain, the eastern suburbs 96 mm, and the western suburbs got 90 mm till 4 pm. Suburban train services were operating normally on both the Western and Central Railway routes. However, trains were delayed by 15 to 20 minutes on the Harbour Line due to waterlogging near Mankhu

Hoarding crash: HC asks police to reply to ad firm's plea to quash FIR

The Bombay High Court on Friday directed the police to file a detailed affidavit in response to the petition of advertising firm director Bhavesh Bhinde, arrested in the Ghatkopar hoarding collapse case. Bhinde has sought that the FIR registered against him be quashed claiming that the hoarding collapse, which killed 17 persons, was an act of God and he is released on interim bail pending hearing of the plea. He has been booked for culpable homicide not amounting to murder. A division bench of Justices Bharati Dangre and Manjusha said the plea also raises the contention of illegal arrest as the mandatory notice under section 41A of the Code of Criminal Procedure was not issued to the accused first. The bench said the police will have to clarify their stand on this as several judgments say that illegal detention necessitates immediate release. Public Prosecutor Hiten Venegaonkar said a detailed affidavit will be filed. The court posted the matter for further hearing on July 26. Bh