Rural Modern, the Mumbai-based first art-glass studio, is not only showcasing this demanding skill, but also encouraging artists, amateurs and fellow designers to create with them Rural Modern, the Mumbai-based first art-glass studio, is not only showcasing this demanding skill, but also encouraging artists, amateurs and fellow designers to create with them When you watch … Read more
Mumbai: The market rally in July has made MF’s Prashant Jain the first fund manager in India to oversee Rs 1-lakh-crore equity assets. Jain manages Balanced Advantage, Flexi Cap and Top 100 funds at HDFC MF, apart from an India-dedicated scheme under exclusive mandate from a sovereign wealth fund. The total AUM (assets under management) … Read more
Mumbai: Signs of dollar shortage are emerging in India and several companies with overseas currency borrowing could face some headwinds, the central bank’s Financial Stability Report (FSR) said. “Signs of stress in short-term dollar funding are also emerging,” it said. “With the announcement of sanctions, the Forward Rate Agreement – Overnight Indexed Swap spread – … Read more
Mumbai: The defence argument of debenture trustees in the Bombay High Court, to avoid a probe by the anti-trust regulator Competition Commission of India (CCI), has provided the market regulator the locus standi to launch its own investigation into alleged price cartels by the custodians of debt instruments. People with direct knowledge of the matter … Read more
Six years ago, Mumbai-based architect Sameep Padora was approached by a developer to design an affordable housing project, for which his firm conducted several field studies. He says that through this project, he found several beautiful examples of housing types responsive to the need for light and ventilation. “This study was published as a book … Read more
Mumbai on Saturday reported 889 new coronavirus infections, an increase from 763 cases added a day before. The caseload in the metropolis thus rose to 10,68,897, and death toll reached 19,568, a civic official said. The city had recorded 846 cases on February 4, after which the cases declined. But the numbers began to increase … Read more
Mumbai: The pace of retail investor flows into the stock market could reduce as the trailing 12-month returns drop towards ‘0’ in another three to four weeks, said Jefferies. History shows that a sustained property market boom and higher market volatility also impact flows from smaller individual investors, the brokerage said. Between March 2020, when … Read more
Jaipur: During a conference on bone cancer in the city, cancer and orthopaedic experts advocated that before opting to replace the cancerous bone with an implant, doctors should make an effort to cure the cancer of the bone by using the latest technique. Experts said that the cancerous bone can be recycled by using a … Read more
The number of greater flamingos has been recorded as the highest in the Mumbai Metropolitan Region (MMR) in 2021-22, since the Bombay Natural History Society (BNHS) started annual flamingo monitoring exercises in 2018. According to IE, nearly 54,000 greater flamingos were observed at the Thane Creek Flamingo Sanctuary (TCFS) between December 2021 and March 2022, … Read more
Maharashtra’s MP-MLA couple Navneet Rana and Ravi Rana, arrested over the Hanuman Chalisa row, will have to remain in jail at least for a few more days as a special court on Monday said it will give its ruling on their bail plea on May 4. Earlier, special judge R N Rokade had reserved the … Read more