Incessant heavy rain lashed Mumbai, prompting the meteorological department to upgrade the 'orange' alert to 'red' with effect from Wednesday night till Thursday afternoon, officials said.
A rice cooked with dahi kadhi is a soothing evening or weekend meal.
Most reported unruly passenger incidents were classified as level 1, or intentional non-compliance with safety regulations like not wearing face masks, not wearing seat belts.
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
Polling for 16 Rajya Sabha seats in the four states of Haryana, Rajasthan, Maharashtra and Karnataka was held on Friday, June 10, 2022, amid allegations of attempts at horse-trading by rival parties.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
Built in 1974, the building could fetch anywhere between Rs 1,000 crore to Rs 1,500 crore, based on current real estate prices
You finally end up with an army of midgets led by midgets, notes Sandeep Goyal.
One can predict the future of the BJP and the Congress by the scenes outside the party offices in Mumbai and New Delhi
'Till such time climatic activities resume up north in the plains and the hills, Mumbai's air quality may not improve.'
Tata Group's takeover of loss-making national carrier Air India is most likely delayed by a month till January as the completion of procedures taking longer than expected, an official said on Monday. In October, the government accepted the highest bid made by a Tata Sons company for 100 per cent equity shares of Air India and Air India Express along with its 50 per cent stake in ground-handling company AISATS -- the first privatisation in 20 years. At that time, the government had stated that it wanted to complete the transactions, which included Tatas paying Rs 2,700 crore in cash, by December end.
Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
Tension and fear engulfed the Nariman Point area on Thursday morning as terrorists took shelter in Trident Hotel (earlier called Oberoi), holding an undisclosed number of people hostage and engaging security forces in a fierce gun-battle.
'When you are travelling in Mumbai when the air quality is bad, you feel suffocated.' 'You may feel uncomfortable breathing Delhi air, but the level of discomfort is higher in Mumbai.'
By the year-end, Mumbai and its suburbs will add 15.4 million square feet of office space, more than the commercial space now available at the sprawling Bandra Kurla Complex or seven times the office space at Nariman Point, the city's business hub.
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. Following that, on October 11 a Letter of Intenet (LoI) was issued to the Tata Group confirming the government's willingness to sell its 100 per cent stake in the airline.
The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.
'At any point did you find out why Sheena had not disclosed her true relationship with Indrani?' Rahul: 'Sheena had told me as her grandparents were dependent on Indrani financially (and if she told the truth) her grandparents would suffer.' 'She had slapped Sheena the night before which she was very not happy about.'
Mumbai's Bandra-Kurla Complex (BKC) was ranked 16th and Nariman Point 32nd on the list of Top 50 Costliest Global Office Markets.
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
The memorial will be something similar to what it has for the victims of the 9/11 attacks in the United States.
Court cases, investigations, dwindling sales and fall in market capitalisation could make recovery a tough challenge.
When a trial for a murder is going on -- with no end in sight -- more than ten years after the crime took place, it will not feel like the murder happened yesterday.
With the inauguration of the bank in Mumbai, seven branches would become operational across the country including in Kolkata, Chennai, Ahmedabad and Guwahati.
The proposal to sell the building to state-owned Jawaharlal Nehru Port Trust also comes after the government's efforts of Air India strategic disinvestment failed to take off.
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Govt says coastal road is meant to decongest Mumbai, experts believe it would be counter-productive.
Our ways of working lack innovation and our thinking is bureaucratic. Policy paralysis will continue, Mudit Jain, executive director of DCW, told Rediff.com's A Ganesh Nadar in an exclusive interview on the Indian economy.
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Among those who remembered the slain bravehearts, who fell to bullets of Pakistani terrorists while repulsing the deadly attack on this day 11 years ago, were their kin, politicians, government officials, sports persons and common citizens.
Thackeray also said that while taking the decision, excise rules have not been touched and pubs and bars will close as usual at 1.30am.
The Andheri-Goregaon business district, in Mumbai's western suburbs, has beaten some of the city's established business hubs, such as Nariman Point, Bandra-Kurla Complex and Lower Parel-Worli, in absorption of office space.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
Air India's plans to lease its headquarters in Nariman Point has been hit.
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