Realty plans hit roadblock; delay could hit modernisation
Heavy rains lashing Mumbai since Sunday have thrown rail, air and road traffic out of gear, with several trains and flights being cancelled. With IMD forecast of heavy rains for Tuesday, the authorities declared a holiday in the city and adjoining regions, asking people to avoid stepping out of their houses.
Pad was a moniker for the Premier Padmini, which became the jewel in the crown of the Mumbai-based Walchand Hirachand Group.
Congestion on Mumbai roads has become chronic.
Bollywood is rushing to embrace him, but Vivian Fernandes aka DIVINE wants to rap his own tune, discovers Shreevatsa Nevatia.
Baroda and Uttar Pradesh will square off in the final of the Mushtaq Ali T20 cricket championships after notching up contrasting wins over their respective opponents in the final Super League encounters.
The manpower requirement will be met with the officers from FMC (both cadre and deputation) and by new hiring.
Consultants said the fact that Oberoi had no debt on its books and Kalpataru had low debt helped the two in the slow realty market.
Mumbai received 231.4 mm rain in the last 24 hours, while Thane received 229.81 mm.
Syed Firdaus Ashraf/Rediff.com attended the Congress president's rally in Mumbai on Friday, and explains why people who came with high hopes left disappointed.
The protesters blocked roads in several areas of Mumbai, forced shops to shut down.
All that's transpired on and off the cricket pitch on Monday.
In a controversial move, rape convict Bitti Mohanty has been sent to Jaipur by Kerala police, despite the Kerala high court staying his transfer till December 10.
Until September 14, Vaidehi Ankolekar was a bus conductor on Mumbai's famed BEST buses. Now, she is known nationwide as the mother of India's latest cricketing hero. That Saturday, her son Atharva bowled India to the Asia Cup Under-19 title.
Vaihayasi Pande Daniel reports on the Sheena Bora Trial.
The amount is penalty charged on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC.
The three-day shutdown was imposed to extend platforms on the line to accommodate 12-car rakes.
Prime Minister Narendra Modi on Saturday warned of ruin for the dishonest after the expiry of December 30 deadline for depositing scrapped currency and said they should not underestimate the mood of the country against corruption.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
Mumbai's dabbawalas have also suspended their services on Tuesday.
Ranjita Ganesan visits The Indus Club, which is not just another old boys' club.
A summary of Friday's Super League matches in the Mushtaq Ali T20 tournament.
This restaurant channels the spirit of laidback Goa in the heart of frenetic Mumbai.
Qureshi, 46, had been on the run since 20 blasts ripped through Gujarat's main city Ahmedabad on July 26, 2008, killing more than 50 people
Mamta Kulkarni, Mumbai's first woman station master joined the Indian Railways in May 1992.
The Ambani brothers, Mukesh and Anil, came together on Thursday to raise the issue of stalled projects plaguing India Inc and implored the Maharashtra government and the Centre to make Mumbai, India's financial capital, an easier place for business and investments. "Several projects are stuck for many years in Mumbai and we would like to know how the government intends to improve the financing and execution of projects, including those relating to infrastructure and education which have been in limbo for long and are affecting the growth of the city," Reliance Industries Ltd (RIL) Chairman Mukesh Ambani told Finance Minister Arun Jaitley. Seated on the same table was his brother, apart from Tata Group Chairman Cyrus Mistry and State Bank of India (SBI) Chairman Arundhati Bhattacharya. Jaitley was addressing the Mumbai Next MMR Transformation conclave, organised by the Maharashtra government and Mumbai First here, through video conference. In his reply, Jaitley said the government was exploring several options of infrastructure financing in India and that a number of international bodies were ready to fund infrastructure development projects. He added the government was keenly considering these funding sources. While praising Maharashtra Chief Minister Devendra Fadnavis for honesty, Jaitley also had a word of advice. Apart from being honest, the government had to be decisive, he said. On his part, Reliance Group Chairman Anil Ambani told the chief minister about his experience of decisions being delayed due to an indecisive bureaucracy and the need to protect officials who wanted to take quick decisions. "Through the past many years, we have faced a number of obstacles in decision-making," he said, adding he was speaking as someone who had lived and invested in Mumbai. Fadnavis responded by saying he would bring about a transparent process to ring-fence officials. Both the Ambani brothers have announced a number of infrastructure projects in and around Mumbai, including a world-class convention centre in Bandra Kurla Complex by RIL, but very few have actually fructified. RIL's special economic zone project failed to take off due to land acquisition problems in Raigarh, while a second SEZ near Mumbai is stuck due to lack of clarity in SEZ norms. The first phase of the Mumbai Metro, set up by Anil Ambani's Reliance Infrastructure, was marred by cost overruns and run-ins with the government over fares. Subsequently, the company withdrew from the second and larger phase, citing inordinate delay. Anil Ambani also withdrew from Mumbai's sea link project on the same grounds. The brothers had also bid for a trans-harbour sea link between Navi Mumbai and Mumbai under the Congress-Nationalist Congress Party government, but their bid was rejected. Reliance Infrastructure is also the power supplier to more than half of this city. Participating in the conclave, some of India Inc's leading bankers said making Mumbai a financial hub would take at least a decade. SBI's Bhattacharya said the Indian currency should be made fully convertible and facilities should be created for it. "However, for this, the economy needs to look up and that will happen only in the next 7-10 years, not immediately," she added. Sunil Kaushal, Chief Executive Officer of Standard Chartered, India, pitched for strong infrastructure to support development. "We will take a long time to develop into a global financial centre. We need to solve transport bottlenecks in Mumbai and have lifestyle facilities for people working in and around these areas," he said.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
The Kanagna Ranaut-Hrithik Roshan fight rages on.
The rise in commuters was also despite the state-run Mumbai Metropolitan Region Development Authority filing a petition against MMOPL on fare fixation.
'While taking the decision regarding cricket, the Supreme Court has said that the officials should not be above 70 years of age and they have described these positions as "lucrative" which made me very sad and that's why I don't have any wish to work any more'
'The true fruits of the attack on black money, what Raghuram Rajan did for the banking system, and what technology is doing for us will come in FY19, which, not surprisingly, is the year running up to the next Lok Sabha elections.'
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
Rohit Sharma showed no signs of the finger injury that kept him out of action for more than two months as he hammered the visiting Sri Lanka bowlers making 142 off 111 balls, said India A coach Sanjay Bangar after his team won the warm-up game.
'Give him a chance to live,' Peter's lawyer told the court.
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Le Pain Quotidien (LPQ), a global restaurant chain started in Belgium in 1990 has managed to transform a little part of Mumbai into Europe itself, says Harnoor Channi-Tiwary
Here's what's buzzing in Mumbai if you are looking out for real estate appreciation...
The shutdown generated tension in Mumbai and a number of towns and cities across Maharashtra.
Suburban services were disrupted with trains on all the three lines -- western, central and harbour -- running late.
