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The Latest Breaking News from Mumbai

Hedge funds hunting for Gautam Adani bargains are using this playbook

MUMBAI: Hedge funds that previously stayed clear of stocks and bonds linked to Gautam Adani's empire are jumping in after a more than $100 billion wipeout in the group's market value.

The Times of India

Gautam Adani group to prepay $500 million loan as banks balk to refinance

MUMBAI: The Adani Group plans to prepay a $500 million bridge loan due next month after some banks balked at refinancing the debt following a short seller report that sent the group’s assets tumbling.

The Times of India

Digital currency has 50,000 users, 5,000 merchants: RBI

MUMBAI: The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on Wednesday.

The Times of India

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Sensex rebounds 377 points, Nifty closes above 17,850 as RBI slows down rate hike

MUMBAI: Benchmark sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes on Wednesday.

The Times of India

Adani group shares extend gain as traders await earnings reports

MUMBAI: Shares of most Adani group companies rosehttps://timesofindia.indiatimes.com/business/india-business/adani-ports-mulls-repaying-605-million-debt-to-calm-investors/articleshow/97714253.cms, extending their rebound from a selloff that has erased more than $100 billion from the Indian conglomerate’s market value.

The Times of India

Sairaj Bahutule to assist Indian spinners during Australia Tests

MUMBAI: India coach Rahul Dravid has called up former leg-spinner Sairaj Bahutule, who is currently the spin bowling coach at the BCCI’s National Cricket Academy, to assist India’s spinners during the four-Test contest. While R Ashwin, Ravindra Jadeja, Axar Patel and Kuldeep Yadav are the regular members of the squad,…

The Times of India

Essar’s second coming: Steel plants in Saudi, Odisha

BENGALURU: The group Essar group promoted by the Mumbai-based Ruia family is planning to set up steel plants in Saudi Arabia and Odisha as well as a facility to import LNG (liquefied natural gas) at Hazira in Gujarat, Essar Capital director Prashant Ruia said on the sidelines of India Energy…

The Times of India

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Habitat for Humanity India organises Charity Golf tournament in Mumbai

MUMBAI: Top corporate executives and prominent citizens came together to support the cause of building energy-efficient homes for marginalised communities in Maharashtra when they competed in the fourth edition of the Charity Golf tournament, being organised by the Habitat for Humanity India, at the Willingdon Sports Club here. The participants…

The Times of India

Sensex, Nifty decline for 2nd day on selling in FMCG, steel stocks

MUMBAI: Benchmark equity indices sensex and Nifty closed lower for a second straight day on Tuesday due to selling in FMCG, metal and auto shares ahead of the RBI monetary policy.

The Times of India

MCA Women's T20 League to be shown live on Facebook

MUMBAI: The Mumbai Cricket Association’s (MCA) inaugural edition of the President’s Cup T20 Women’s League 2023 will be telecast live on Facebook.

The Times of India

India vs Australia: Lots of rubbish spoken by former players on pitches, says Ian Chappell

MUMBAI: There is a reason legendary former Australia skipper and ideas pioneer Ian Chappell’s voice is missed in cricket broadcasting, at least by Indian fans, who often get an unpalatable cocktail of hyperbole and cliche in the guise of commentary.

The Times of India

In interim order, Bombay HC restrains Maharashtra police from holding mock drills showing 'terrorists' as belonging to particular community

MUMBAI: In an interim order, the Aurangabad bench of the Bombay high court has restrained the Maharashtra police from conducting mock drills in which personnel playing the part of terrorists are shown as belonging to a particular community.

The Times of India

Inaugural Women's Premier League to be held in Mumbai from March 4-26

NEW DELHI: The much-awaited inaugural season of the Women's Premier League (WPL) will be played from March 4 to 26 in Mumbai.

The Times of India

RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike

MUMBAI: RBI governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting on Monday amid expectations of a smaller 25 basis points rate increase or a pause on the rate hiking spree that started in May last year to check inflation.

The Times of India

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The Times of India

Electrical contractor held for ITC fraud using fake invoices in Maharashtra

MUMBAI: A 50-year-old electrical contractor has been arrested for alleged involvement in a Input Tax Credit fraud through the use of fake invoices of Rs 87.08 crore, an official said on Sunday.

The Times of India

Jhulan Goswami in dual role as mentor and bowling coach of WPL team owned by Mumbai Indians

MUMBAI: The Mumbai Indians on Sunday announced that former India women's pace bowling great Jhulan Goswami will take on the dual role of the team mentor and bowling coach in their new franchise in the upcoming Women's Premier League (WPL).

Dynamite News

Mumbai: Former Cricketer Vinod Kambli Booked For Assaulting Wife

A case has been registered against former Indian cricketer Vinod Kambli for allegedly abusing and assaulting his wife at the couple's flat in suburban Bandra here. Read further on Dynamite News:

The Times of India

Narredus, the first family of Indian Derby

MUMBAI: The Indian Derby, the most sought-after race in the Indian horse racing calendar, has become a family affair for the Narredus in the last decade.

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The Guardian - UK

Pathaan and the king of cinema blast Bollywood out of the doldrums

Millions flock to see return of actor Shah Rukh Khan, despite rightwing calls for a boycott

The Times of India

High price of gold propels sellers and buyers alike in Mumbai

MUMBAI: Gold prices have attained a near-record high of Rs 57,788 per 10 gm even as the wedding season is under way. A similar peak was achieved during Covid in 2020 when international bullion rates rose exponentially. But then the rupee was more stable against the dollar at Rs 74.

The Times of India

Maharashtra power consumer activists announce stir to oppose 'hefty' proposed tariff hike on Feb 28

MUMBAI: Power consumer activists have threatened a state-wide agitation with morcha in various districts on February 28 to oppose the "37% proposed hike" in power tariff by the state power utility MSEDCl.

The Times of India

Power consumer activists announce stir to appose 'hefty' proposed power tariff hike on Feb 28 in Maharashtra

The Times of India

Maharashtra power consumer activists announce stir to appose 'hefty' proposed tariff hike on Feb 28

The Times of India

Nitin Menon to officiate in all 4 Border Gavaskar Trophy Tests

MUMBAI: Rapidly gaining reputation as one of the better umpires on the international circuit, Indian umpire Nitin Menon will officiate in all the four-Tests of the highly-anticipated Border Gavaskar Trophy, which will kick off with the first Test at the VCA Stadium in Nagpur from February 9.

The Times of India

Gujarat Giants appoint Rachael Haynes as head coach For WPL 2023

MUMBAI: Gujarat Giants on Friday announced that they have roped in Australian women's cricket great Rachael Haynes as their head coach for the upcoming inaugural season of the Women’s Premier League. Haynes' appointment comes just days after the Adani Sportsline-owned team had named the legendary Mithali Raj as their mentor…

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