Page 37 - Mumbai

Indian steel firms under pressure from rising imports, drop in exports

Global steel industry is facing a major threat due to surge in steel exports, particularly from China at predatory prices

'Over 25 thousand buildings in MMR are qualified for redevelopment'

The estimated value of redevelopment in MMR is over Rs 30,000 crore, as per CREDAI-MCHI

WATCH: Hundreds queue up to buy iPhone 16 outside stores in Delhi, Mumbai

Launched earlier this month during Apple's Glowtime event, iPhone 16 series officially went on sale across India on Friday

June-August recorded as India's 2nd-hottest quarter since 1970: Scientists

India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a US-based group of climate scientists and communicators. The report from Climate Central said climate change made high temperatures over three times more likely on 29 days during these three months. "June through August 2024 was India's second-hottest season since at least 1970, when reliable satellite records are available," the report said, adding that India had the highest number of people exposed to climate change-driven temperatures in Southern Asia during this period. More than 20.5 million people endured high temperatures heavily influenced by climate change for at least 60 days, it said. More than 426 million people (about one-third of India's population) faced at least seven days of dangerous heat, with temperatures exceeding 90 per cent of the usual highs for the

Sebi withdraws statement blaming 'external elements' for employee protests

Sebi on Monday retracted its statement that "external elements" were behind employee protests against its work culture. The regulator emphasised it will handle the issues internally

IndiGo flight to Doha faces tech issue; long wait for passengers onboard

Passengers of an IndiGo flight from the city to Doha waited inside the aircraft for more than four hours as the flight was delayed due to a technical issue on Sunday. Some passengers took to social media to complain about the long flight delay and that they had to wait for long. The flight was to take off on Sunday early morning. Passengers were inside the aircraft for more than four hours before they deplaned. The flight is now expected to take off later in the day from the Mumbai airport, sources in the know said. IndiGo said its flight 6E 1303, operating from Mumbai to Doha, was delayed due to a technical reason. "The aircraft tried to depart for its destination a couple of times but had to finally be called off due to the extended time lag on account of various procedural delays," the airline said in a statement. While apologising for the inconvenience, IndiGo said its airport team immediately provided assistance to the affected customers and provided refreshments and necessa

Gas leak in Thane's Ambernath sparks panic, locals report breathing issues

The situation is now under control with no injuries reported. An investigation is underway to see if any lapses in safety protocols resulted in the gas leak

Here's how India's elite homeowners have now become slumdog millionaires

The arc of the bankruptcy law in India bends toward power, not justice, and here, there is a power vacuum

Mumbai: Road caves in due to leakage from 66 inch pipeline; no injuries

A road caved in at an intersection in Dadar in central Mumbai on Thursday, trapping a car's tyre in the crater, civic officials said. No one was injured in the incident that occurred around 11.30 am at the busy Kismat junction on Veer Savarkar Marg in Dadar West, they said. It created a 3 feet X 5 feet crater. Traffic police with the help of locals pulled out the car from the crater after the cave-in, which briefly disrupted vehicular movement in Dadar. A video purportedly showing the incident surfaced on social media. In a statement, the Brihanmumbai Municipal Corporation said the road caved in due to leakage from a 66-inch underground pipeline. The leakage was on the down part of the pipeline, which was noticed after the crater was deepened through digging as part of repair efforts, it said. The pipeline repair was delayed due to scheduled water supply in the locality, the statement said, adding it was finally undertaken in the evening. Repairs will take time and water supply .

Hiranandani to invest Rs 3,200 cr to redevelop 5 Mumbai housing societies

Realty firm House of Hiranandani will invest Rs 3,200 crore to redevelop five housing societies in Mumbai. The company has presence in Mumbai Metropolitan Region (MMR), Bengaluru, Hyderabad and Chennai. The company said it has signed additional redevelopment projects of 17 lakh square feet with a GDV (Gross Development Value) of Rs 5,000 crore. "The company has entered into registered development agreements with five major housing societies in Chembur and plans to invest Rs 3,200 crore," House of Hiranandani said in a statement. These five housing societies in Chembur comprising 459 tenants include redevelopment of Maitri Park in Chembur East, admeasuring about 9 acres and Shrinagar Society in Chembur West, a cluster of four societies admeasuring about six acres. The company said it is in the process of securing necessary approvals and plans to complete the redevelopment within the next 4-5 years. Surendra Hiranandani, Chairman and Managing Director, House of Hiranandani said, ..

RBI likely selling dollars to hold rupee above key support level: Traders

The rupee was quoting at 83.97 per US. dollar compared to its close at 83.9775 in the previous session

Century Textiles acquires Rs 1,100 crore prime land from Nusli Wadia

The land parcel adds an approximate booking value potential of Rs 14,000 crore to the company

Parsis made silent but immense contribution to India's development: Shah

Union minister Amit Shah on Sunday said Parsis have made silent but immense contribution to India's development, and lauded the role of Gujarati newspaper Mumbai Samachar in that journey. Speaking after releasing the documentary film Mumbai Samachar- 200 Not Out, which chronicles the remarkable 200-year journey of Asia's oldest newspaper, Shah said the Camas, who run it exemplify journalism of trust. Entering its 203rd year of publication, Mumbai Samachar has become an integral part of Mumbai's identity. Dynasties don't last 200 years here but a newspaper has lasted for so long, Shah said. Terming Mumbai Samachar as a trusted news organization, he recalled an an old saying that everything printed in Mumbai Samachar is true. Hormusji N Cama, the managing director of the Mumbai Samachar, was present at the event. Mumbai Samachar- 200 Not Out delves into the newspaper's pivotal role in the freedom movement, its unwavering commitment to unbiased reporting and the secrets behind its ..

Mumbai-Frankfurt Vistara flight diverted to Turkey over security concerns

Vistara flight UK 27, operating from Mumbai to Frankfurt, on Friday has been diverted to Turkey due to security concerns, the airline has said. The security alert (bomb threat) was noted by the Vistara crew onboard, the airline said in a statement. The aircraft has safely landed at the Erzurum Airport, and as per the protocol, the relevant authorities were immediately alerted, and Vistara is fully cooperating with the security agencies to complete the mandatory security checks, it added. However, other details like the number of passengers and crew on board were not immediately known.

Watch: Fire at Times Tower building in Lower Parel West, Mumbai

A major fire erupted at Times Tower building in Mumbai on September 6. According to Brihanmumbai Municipal Corporation (BMC) officials, the fire started at approximately 6:30 am.

Firefighting ops ends after five hours at Mumbai's Lower Parel building

The operation to douse the blaze at a commercial building in Mumbai concluded after more than five hours on Friday afternoon, civic officials said. There were no reports of any injury to anyone in the fire that broke out at the Times Tower building in the Kamala Mills compound in the Lower Parel area around 6.30 am, they said. The level 2 (major) fire was confined to an electric duct between the 3rd and 7th floors on the rear side of the 14-storey building with a glass facade, a civic official said. The fire brigade extinguished the blaze around 11.55 am, more than five hours after they received a call around 6.30 am. The cooling operation is on at the site. Firefighters used a chisel and hammer to break the locks on the doors and enter the commercial building to battle the fire, the official said. Eight fire engines and other firefighting vehicles were sent to the spot, an official had said earlier. The Kamala Mills compound, which has witnessed many major fires, is next to the

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