Tag: mumbai

IMD issues a heatwave alert for Mumbai, Raigad and Thane districts

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The India Meteorological Department (IMD) has issued a heatwave alert for Maharashtra’s Thane, Raigad districts and parts of Mumbai from April 27 to 29.

IMD scientist Sushma Nair on Wednesday said there is an anti-cyclonic circulation over Thane, Raigad and parts of Mumbai which will lead to a rise in temperature.

The temperatures are likely to peak on April 27 and 28.

This is the second heatwave alert issued for Mumbai and neighbouring region this month.

On April 15 and 16, Mumbai and its neighbouring areas had witnessed severe hot weather and temperatures in parts of Navi Mumbai reached 41 degrees Celsius.

The IMD had advised people to avoid prolonged heat exposure, drink sufficient water and stay hydrated, wear light coloured, loose and cotton clothes, cover head or use wet cloth or hat or umbrella while going out during afternoon hours, and schedule strenuous jobs during cooler times of the day.

Heatwave to continue in southern West Bengal

Heatwave conditions prevailing in southern West Bengal will continue till at least Sunday with a further rise in maximum temperatures, the India Meteorological Department (IMD) said, offering no respite for the denizens from the searing heat.

The severe weather conditions in the southern and western districts of West Bengal, caused by dry westerly winds and strong solar insolation, have caused the state government to reschedule summer holidays in schools run or aided by it, while many private educational institutions have either switched to online classes or changed their timings.

The MeT department forecast a gradual rise in the maximum temperature by two to four degrees Celsius over the next three days and no large change thereafter in the subsequent two days over south Bengal.

It said that severe heatwave conditions will prevail in the districts of south Bengal.

The MeT department advised people to avoid prolonged heat exposure and outdoor work between 11 am and 4 pm.

Panagarh in Paschim Bardhaman district recorded Wednesday’s highest temperature in West Bengal at 42.7 degrees Celsius, while Medinipur closely followed at 42.5 degrees Celsius, it said.

The mercury went up to 40.5 degrees Celsius in Kolkata, while neighbouring Salt Lake clocked 40.8 degrees Celsius, the Met said.

Other places that recorded over 40 degrees Celsius temperatures were Bankura (42.2), Bardhaman (42), Barrackpore (41.7), Canning (41.4), Diamond Harbour (41.2) and Asansol (41.1), the Met data said.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

MTNL’s attempt to sell properties in two key cities faces roadblocks

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Mahanagar Telephone Nigam Ltd (NSE: MTNL) share price traded under pressure on Tuesday, April 16, in a weaker market. The stock price of the public sector undertaking (PSU) opened lower amid reports that the telecom firm’s attempt to sell properties in Delhi and Mumbai as part of its wider measures to monetise its assets received a setback.

A CNBC-Awaaz exclusive report said that the Delhi Development Authority (DDA) has demanded a 50% share in profit from the sale proceeds of its leased properties in Delhi. Likewise, in Mumbai, the PSU telco has not received permission from the Maharashtra government to sell some of its leased properties, the Awaaz report added.

MTNL has a total of 281 properties in Delhi and Mumbai, with many of them on long-term lease with the DDA in the national capital, the report said. The DDA’s demand for 50% profit from the high sale proceeds stems from the national capital housing body’s policy, the Awaaz report further said.

Meanwhile, the Maharashtra government has refused the MTNL to sell several properties as they were given free of charge. Without the state government’s no objection certificate, the PSU will not be able to sell any property.

The asset monetisation is part of the ₹69,000 crore revival scheme for MTNL and BSNL, which was approved by the government in October 2019 and subsequently increased in July 2022 to ₹1.64 lakh crore. The Union Cabinet further approved another outlay of more than ₹89,000 crore through equity infusion as part of the allotment of 4G/5G spectrum to BSNL. The government recently pulled up the management of MTNL for the slow pace of their land monetisation process, according to an ET report.

MTNL share price performance and income

MTNL shares have corrected 10% in a week, while the scrip has gained 8% in one month. The one-year gain on MTNL stock price is 86% and the three-year surge is 116%. MTNL reported a net loss of ₹839 crore in the October-December quarter of the last financial year.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Avartana to Freny’s – check out Mumbai’s newest culinary gems

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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In a bustling metropolis like Mumbai, where new restaurants emerge almost every week, simply showcasing mouth-watering food isn’t enough to captivate attention. We shed light on the newly opened restaurants where the design draws you in and keeps you hooked while the chef whips up a wholesome meal.

Avartana | 

Chennai’s Avartana that recently made it to the influential list of Asia’s Top 50 restaurants list has made its way to Mumbai. Named after the Sanskrit term evoking rhythm, mysticism, and magic, Avartana was established in Chennai in 2017, aiming to present diners with a vibrant array of South Indian flavours spanning from Kerala to Telangana. The menus, ranging from 7 to 13 courses, are titled Maya (seven courses, price starts at ₹2,500), Bela, Jiaa, Anika, and Tara (13 courses, priced at ₹4,750) which are bite sized courses. With the exception of Tara, which highlights coastal presentations, all menus offer both vegetarian and non-vegetarian options.

Diipti Jadhav, Senior Sous Chef at ITC Maratha Mumbai and Chef in charge of Avartana, emphasises the growing awareness among guests regarding mindful, sustainable, and smart eating. She notes the rising popularity of fresh indigenous produce, regional millets, homemade preserves, probiotic food, and regional pounded masalas. The increased footfall at farmers’ markets in the city reflects this trend.

The demand for artisanal food stems from a desire for authentic and unique dining experiences, prioritising traditional cooking techniques and locally sourced seasonal ingredients over mass-produced foods. Guests are willing to pay a premium for handmade, unique dishes that reflect local culture and traditions, providing traceability of ingredients and heritage.

Where: ITC Maratha, Andheri, Mumbai
When: All days, 7 pm to 11 pm
Price: ₹6,000 for two approx.

La Panthera

La Panthera is a one-of-a-kind blend, stitching together culinary memories from Europe, almost sparking a sense of longing. The ambience gives us all the right feels as if your teleported to Europe. The stand out dishes for us were the Beetroot Carpaccio, Baked Brie, Lobster Roll, La Panthera Pizza and the Tiramisu La Panthera Way.

“Our menu embraces timeless European classics while playfully dancing with contemporary culinary techniques. Our ethos has always been simple, refined cooking where we let the ingredients shine. Elegant plating is the signature touch and exceptional taste reigns supreme” says Manuel Olveira, Owner and Chef – La Panthera.

Where: Unit 1 & 2, G Block, BKC, Mumbai
When: All days
Price: Rs 2,500 onwards per person

Lyla

Why does Mexican food have such a strong emotional connection with Mumbai people? It turns out that a number of things are at play. I started my meal at Lyla with my favourite Mexican appetizer, Summer Garden Guacamole served with tortilla chips. One of the standouts were the Ají Lima Churros. I was completely amazed, these churros with chilli lime spice were light, crunchy, and melted in my mouth —a savoury twist on a meal that is often relished sweet. My personal favourite was the Ciopinno, a seafood preparation that featured prawns, mussels, clams and squid floating in a tomatoey broth. The best part was that I suggested making room for the desserts. You have the option to choose from traditional dishes like Monstruo Churros and the Big Apple that are absolutely a must try.

Chef Beena Noronha, Corporate Chef, Chrome Asia Hospitality says, “The fusion of Mexican and Californian cuisines resonates with me, blending the bold, spicy tastes of Mexico with California’s fresh ingredients and innovative techniques. Despite the challenges posed by the lack of success of Mexican restaurants in Mumbai, I approached menu planning by focusing on ingredient celebration rather than adhering strictly to cuisine. Each dish in the menu is carefully crafted to tell a story, aiming to exceed guests’ expectations and stand out in a competitive market. Innovation is always prioritised to deliver a memorable dining experience.”

Where: Plot C/59, Ground Floor, Platina G Block, BKC
When: All days
Price: Rs 2,500 for two

Freny’s – All day dining & bar

What comes to mind when you think of “home”? It could hold various meanings for each of us. However, in one of its most idealistic portrayals, it’s often intertwined with family, comfort, and nostalgia. For food enthusiasts, unbeatable flavour is undoubtedly a crucial addition to that list.

At Freny’s we savoured delectable east Indian cuisine. We were particularly fond of the Cutlet Pav Sliders among the small plates. The Indyal Tacos and Masala Tiger Prawns showcased distinct flavours that stood out remarkably. For those who are chocolate lovers they have also introduced the gooey chocolate Matilda’s Chocolate Cake which was my personal favourite.

Chef Freny says, “It’s literally my heart on a plate! All the dishes I’ve loved as a chef through my life and travels abroad as well as dishes from my heritage and my East Indian Background. From the hot fugyas that are my version of a bread basket that comes on each table, to my dad, Peter’s mutton curry or as many guests call it “uncle peters mutton curry” to my mom Monica’s roast chicken.”

Where: Silver Pearl Building, W, Waterfield Road, opposite China gate, Bandra West, Mumbai
When: All days, 12pm to 12am
Price: Rs 1,000 onwards per persons

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Unsold homes in 9 cities down 7% in last 3 months, 12% fall in NCR: Report

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Unsold housing inventories fell 7% in the last three months across 9 major cities to around 4.81 lakh units on higher sales than new supply, according to PropEquity.

Real estate data analytic firm PropEquity data showed that unsold housing stock has come down to 4,81,566 units at the end of March this year from 5,18,868 units at the end of December 2023 across 9 major cities.

These cities are Mumbai, Navi Mumbai, Thane, Delhi-NCR (Delhi, Gurugram, Noida, Greater Noida, Ghaziabad and Faridabad), Bengaluru, Hyderabad, Pune, Chennai and Kolkata.

PropEquity founder and Managing Director (MD) Samir Jasuja said the unsold housing stocks have declined as “sales are surpassing the new launches which is a positive indicator for the market”.

During the January-March period of 2024, housing sales across 9 major cities stood at 1,44,656 units while the new launches were 1,05,134 units. This led to a reduction in the unsold stocks.

As per the data, Pune saw a maximum 13% fall in the unsold housing stocks to 65,788 units at the end of this month from 75,521 units at the end of December 2023. In Delhi-NCR, the unsold inventories have come down 12% to 27,959 units from 31,602 units.

According to PropEquity, the unsold stock in Mumbai fell 11 per cent to 48,399 units from 54,633 units. In Navi Mumbai, the unsold inventories declined 11% to 33,385 units from 37,597 units. Thane witnessed a fall of 5% in unsold housing stocks to 1,06,565 units from 1,12,397 units.

Unsold housing stocks in Bengaluru have come down 5% to 44,837 units from 47,370 units. Hyderabad witnessed a 4% fall in unsold stocks to 1,10,425 units from 1,14,861 units. In Kolkata, the fall in unsold housing stocks was 2% to 23,249 units from 23,745 units.

As per the data, the Chennai market witnessed a marginal decline of 1% in unsold homes to 20,959 units this quarter from 21,142 units at the end of December last year. P E Analytics owns and operates PropEquity, which is an online real estate data and analytics platform covering over 1,50,000 projects of 45,000 developers across 44 cities.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Toll rates on Mumbai’s Bandra-Worli sea link to go up by 18% from April 1

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The toll charges on Bandra Worli Sea Link will increase by about 18% from April 1 said officials from the Maharashtra State Road Development Corporation.

New toll rates for one-way journeys for cars and jeeps will be ₹100 from the beginning of next month.

While minibuses, tempos and other similar vehicles will have to pay ₹160 for it.

Two-axle trucks will be charged ₹210 for a one-way trip.

Motorists using the eight-lane overpass now pay ₹85 for cars and jeeps, ₹130 for minibuses, tempos and light commercial vehicles, and ₹175 for two-axle trucks and buses.

These rates have been in force since April 1, 2021.

The new toll rates on the sea link will be applicable between April 1, 2024, and March 31, 2027.

As per the MSRDC official, motorists will get a rebate of 10 per cent and 20 per cent on the purchase of booklets containing 50 and 100 toll coupons in advance, respectively.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Man Infra gains over 3% on securing luxury residential project in South Mumbai

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Man Infraconstruction Limited (MICL) shares jumped more than 3% on Friday, March 22, after the company said it has bagged an ultra-luxurious residential project in South Mumbai.

In a stock exchange filing, Man Infra said it has acquired an iconic uber-luxurious sea-facing residential project near Marine Lines, making it a prestigious addition to the company’s real estate portfolio in South Mumbai.

The said new residential project is set to become among the other tallest residential structures constructed in India, which will be done by MICL Group and will be exceeding the height of over 800 feet.

The project is expected to generate a total sales value of more than ₹2,100 crore, given its total construction area of nearly 22 lakh square feet, along with a RERA carpet area of approximately 5.3 lakh square feet for sale.

The company expects to garner a likely profit before tax (PBT) of over ₹400 crore from this new project in Marine Lines, which will constitute the DM fees, poroject management consultancy (PMC) fee on construction and an interest income on the initial investment made by Man Infra into the project.

The MICL group has set a five-year time frame to construct the project, from launch date, given the company’s track record of delivering all of its 16 projects before time.

The company informed the stock exchanges that the execution of the project has been done under its asset-light development management (DM) model. Further, Man Infra has received a Letter of Intent (LOI) from Shreepati Zaoba Housing LLP.

“This project is poised to redefine Mumbai’s skyline, offering an unparalleled view of the ocean to a select few. Notably, this marks MICL Group’s second venture into uber-luxurious residential projects in South Mumbai, following the launch of our first project, ‘Aaradhya Avaan’ at Tardeo, which shall be one of the tallest towers in the country, surpassing 1,000 feet in height,” said the Managing Director of the Mumbai-based company, Manan P Shah.

Shares of Man Infraconstruction Ltd were trading 2.48% higher at ₹208.4 apiece on BSE at 11:31 am.

Also Read: CLSA upgrades Amber Enterprises, calls concerns around business ‘overdone’

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Dunk Fest 2.0 to Illusions 2024, the best Holi parties in Mumbai this year

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Holi is one of the most popular festivals celebrated in India and across the globe with utmost joy. The celebrations also mark the beginning of the spring season, hence it is also known as Basanta Utsav. Holi is celebrated on the next day of Purnima of Phalgun month as per the Hindu calendar. The day is celebrated with great joy and enthusiasm as kids and adults alike play with dry colours (gulaal) and water. Besides, a varied range of traditional food items is also prepared on this day.

Ahead of the grand Holi celebrations on March 25, let us know where in Mumbai can you visit this year to have the best Holi event with friends and the close ones.

Holi Cow Mumbai

An event with exclusive rain dance and foam Holi along with the engaging live performance by Yo Yo Honey Singh and top celebrities, DJs, and Rappers is slated to be held on Holi this year. The event will be organised at the MMRDA grounds starting from 10 am on March 25.

As per the BookMyShow website, the event passes are available from ₹499 onwards.

It’s a Holi Thing

If you are someone who likes to enjoy Holi while dancing in water along with the most amazing DJ, then It’s a Holi Thing event with DJ Chetas is for you. Organised at the Mahalaxmi Race Course, Mumbai, the event passes are available at ₹1,299 onwards.

It’s a Holi Thing scheduled to begin at 11 am on March 25.

Mumbai’s Biggest Holi Colour Splash

With 8 known DJs, including Aastha Gill and DJ Bhavin, DJ Mansi, and Rapper McHardy amongst others, the biggest Holi party with rain dance, selfie booth and several more activities are all set to be hosted at Inorbit Mall, Malad.

As per the BookMyShow, the event will commence at 9 am on March 25. The event passes have been made available at ₹499 onwards.

Holi Illusions 2024

At Holi Illusions 2024, enjoy the Holi celebrations with DJ Nelson, DJ Subuhi Joshi, DJ Hardik, and DJ Mariya at the Lokhandwala Ground.

The event will begin at 9 am onwards on March 25. Event passes for the Holi Illusions are available on BookMyShow at ₹699 onwards.

Dunk Fest 2.0

Featuring the best live performances of Amaal Mallik, Nikhita Gandhi, DJ Ganesh, and more, the Dunk Fest 2.0 will be held on March 25 at the JVPD Grounds, Juhu. Apart from the live music, the event will also be housing rain showers and a dunk pool for Holi celebrations.

The event pass for Dunk Fest 2.0 is available at ₹999 onwards.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Polling for all six Mumbai Lok Sabha seats on May 20 — check dates for other Maharashtra constituencies

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The upcoming polls for the Lok Sabha (the lower house of the Indian Parliament) will be held in seven phases starting April 19.

Maharashtra is one of the two states that would have polling on five days i.e. April 19, April 26, May 7, May 13, and May 20. Jammu and Kashmir is the other one that will election being conducted in five phases. 

Uttar Pradesh, Bihar, and West Bengal are three states where the polling will take place in all seven phases.

These are the dates on which different constituencies would go to vote in Maharashtra:

In its second list of candidates released on March 13, the Bharatiya Janata Party (BJP) had included the likes of Nitin Gadkari (Nagpur voting day April 19), Piyush Goyal (Mumbai North, voting day Mumbai 20), and Pankaja Munde (Beed voting day May 13).

While the biggest national opposition party, the Indian National Congress, has released two candidate lists so far, neither of them had names from Maharashtra.

In the 48 Lok Sabha seats in Maharashtra, the Congress is fighting the election in alliance with Uddhav Thackeray’s Shiv Sena and Sharad Pawar-led Nationalist Congress Party (NCP).

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Ed Sheeran grooves to Allu Arjun’s Butta Bomma song with Armaan Malik, strikes the SRK pose

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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English singer Ed Sheeran, who is currently in India for his upcoming performance in Mumbai this weekend, seems to be soaking in local vibes ahead of his mega show. The global star is having the time of his life in the country and the video that surfaced recently on the Internet is the proof. It shows Ed grooving to Allu Arjun’s Butta Bomma track from the Ala Vaikunthapurramuloo film. Indian singer-musician Armaan Malik also joined the global icon to perform the song’s signature step.

The video of Ed Sheeran was posted by Armaan, who sang the Butta Bomma song. As the video nears its ending, the duo is also seen striking the quintessential Shah Rukh Khan pose. Accompanying the video was a cute caption that read, “Favourite person in my city.”

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On March 12, Ed Sheeran also dropped a video of himself from a Mumbai school where he interacted with students. He was also seen enjoying a special performance organised by the students for him. Ed sat on the floor watching the students showcase their talents.

He, then, sang his smash hit Shape of You. In the video, he says, “So I just arrived in Mumbai in India. We’re going to be visiting some schools today, playing some songs. I heard the kids have something prepared for me as well”.

Ed Sheeran is all set for his performance in India, a part of his Asia and Europe Tour in 2024. The India leg of this most anticipated tour will be the final stop for the singer in his Asia Tour. The concert will be held at the Mahalaxmi Racecourse in Mumbai on March 16, 2024. It is the singer’s second visit to India after 2017.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow