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The Latest Breaking News from Mumbai

Branches of Indian banks in overseas can deal in financial products not permitted in domestic market

MUMBAI: The Reserve Bank on Thursday allowed with certain riders foreign branches and subsidiaries of Indian banks to deal in financial products that are not specifically permitted in the domestic market.

The Times of India

RBI comes out with four-tiered regulatory framework for urban cooperative banks

MUMBAI: The Reserve Bank of India (RBI) on Thursday announced a four-tiered regulatory framework for categorisation of Urban Co-operative Banks (UCBs).

The Times of India

Essar announces $4.9 billion petrochem complex in Odisha

NEW DELHI: The Essar group promoted by the Mumbai-based Ruia family on Thursday announced a plan to set up an oil-to-petrochemical (OTC) complex in Odisha at an investment of Rs 40,000 crore, or about $4.9 billion.

The Times of India

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Carlyle, Advent get conditional nod from RBI to own 9.99% in Yes Bank

MUMBAI: Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in Yes Bank, the private sector lender said on Thursday.

The Times of India

Markets on record-making spree; rally for 8th day

MUMBAI: Benchmark indices rallied for the eighth day running on Thursday, ending at fresh record closing highs, amid firm global market trends and continuous foreign fund inflows.

The Times of India

Will not process delimitation for BMC for time being, says Maharashtra govt to HC

MUMBAI: Maharashtra government on Wednesday through special counsel Vikram Nankani made a statement before the Bombay high court that till the next date of hearing it would not proceed with process of delimitation in relation to BrihanMumbai Municipal Corporation ( BMC).

The Times of India

Money laundering case: NCP leader Nawab Malik’s bail plea rejected by special court in Mumbai

MUMBAI: A special court on Wednesday rejected the bail plea of NCP leader and former Maharashtra minister Nawab Malik in a money laundering case. Malik has been in jail since his arrest in February this year.

The Times of India

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Birmingham CWG star Sreeja Akula excited to be honoured with Arjuna award

MUMBAI: Ace Indian paddler, Sreeja Akula, can't hide her excitement for being chosen as one of the recipients of this year's prestigious Arjuna award for her brilliant show at the Birmingham Commonwealth Games.

The Times of India

Prannoy Roy, Radhika Roy quit NDTV holding company, Adani arm gains control

MUMBAI: Marking a definitive turn in Adani Group's takeover of NDTV, both its founders Prannoy Roy and Radhika Roy on Tuesday resigned from the board of RRPR Holdings, the main holding entity of the promoters that owns a 29.2% stake in the media house. At the same time, three new…

The Times of India

Can't have single market for carbon credits globally, sovereigns need independence over credits: Sebi chief

MUMBAI: Sebi chairperson Madhabi Puri Buch on Tuesday said there should not be a single carbon credit market in the world, questioning why should one pay extra for locally generated resources because they are priced higher in the global market.

The Times of India

Drop endorsement rule for senior gowns; those not in 'old boys club' get left out: Indira Jaising to Bombay HC

MUMBAI: Senior advocate Indira Jaising on Tuesday sent a letter to Bombay high court Chief Justice Dipankar Datta asking to re-consider the system of having two senior counsel "endorse" an application from a lawyer to be designated and deserving of a "senior gown".

The Times of India

Adani Group bags Dharavi redevelop project with a Rs 5,069 crore bid

MUMBAI: The Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project, a top official said on Tuesday.

The Times of India

States borrowing cost falls 7 bps to 7.61% as bond supplies dry up on central payouts

MUMBAI: The weighted average yield on states' market borrowings declined by 7 basis points to 7.61 per cent at Tuesday's auction on lower issuance as a number of states stayed away from the market.

The Times of India

Maninder Singh, SS Das Among Notable Names In Contention For Senior Selectors' Posts

It couldn't be confirmed whether former pacer Ajit Agarkar has applied or not. Read on for details:

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The Times of India

Night temperatures dip to 17 degrees in Mumbai

MUMBAI: For the third time this season, minimum temperatures in Mumbai have dipped to 17 degrees on Tuesday which was three degrees below normal.

The Times of India

Mumbai: Night temperatures dip to 17 degrees

MUMBAI: For the third time this season, minimum temperatures in Mmbai have dipped to 17 degrees on Tuesday which was three degrees below normal.

The Times of India

Gautam Gambhir shows confidence in Prithvi Shaw and Hardik Pandya as future India captains

DELHI: Former India opener Gautam Gambhir has no hesitation about Prithvi Shaw being very "aggressive" as well as potentially a very successful future India captain, pointing out that his aggression is visible in his game.

The Times of India

Bench shaped like book of 'Madhushala' installed at Jalsa, Amitabh Bachchan shares photos

Megastar Amitabh Bachchan on November 28, 2022, said a stone bench in the shape of the popular book of poetry 'Madhushala', penned by his late father and celebrated poet Harivansh Rai Bachchan, was installed at his residence Jalsa in Mumbai.

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The Times of India

Bank credit grows at 17.2% in September quarter: RBI data

MUMBAI: Bank credit growth improved to 17.2 per cent in the September quarter 2022 from 7 per cent in the year-ago period, reflecting pick-up in economic activities.

The Times of India

GDP may print at 5.8% in Q2: SBI Research

MUMBAI: Citing a weak manufacturing sector coupled with the steep margin compression, SBI Research has pencilled in the country's GDP growth for the second quarter at 5.8 per cent, down 30 basis points from average estimates.

The Times of India

Markets hit fresh all-time highs; rally for 5th day

MUMBAI: Benchmark indices ended at fresh lifetime highs on Monday amid foreign fund inflows, a decline in crude oil prices and buying in index major Reliance Industries.

Newslaundry

T20 World Cup postmortem: The curious case of Chetan Sharma’s ‘sacking’

On October 19, the annual general meeting drew to a close at Hotel Taj Palace in Mumbai, with former India pacer Roger Binny succeeding former Team India skipper Sourav Ganguly.

The Times of India

Saurabh Kumar set to replace unfit Ravindra Jadeja for Test series in Bangladesh

MUMBAI: All-rounder Ravindra Jadeja, who is undergoing rehab after suffering a knee injury during the Asia Cup in September, is set to be ruled out of the Test series in Bangladesh as well, with left-arm spinner Saurabh Kumar likely to replace him in the squad, TOI has learnt.

The Times of India

Ayushmann Khurrana calls himself a 'SRKian' as he poses in front of Shah Rukh Khan's Mannat; fans say 'ghar nahi mandir hai'

Ayushmann Khurrana took to his Instagram handle to share a picture of himself where he is seen posing in front of Shah Rukh Khan's Mumbai residence, Mannat'. The actor was seen posing outside the house from the rooftop of his car.

The Times of India

Making of 'SKY-scraper': A coach and a friend explain Suryakumar's phenomenal transformation

NEW DELHI: "You can't predict whether Suryakumar Yadav will be successful in Test matches but I can vouch that he will make the effort if he is given a chance," coach Vinayak Mane said, choosing his words carefully.

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