MARINE DRIVE HOSPITALITY
Maharashtra CM Eknath Shinde felicitates T20 World Cup champions Rohit Sharma, Suryakumar, Dube, Jaiswal
The Chief Minister facilitated victorious members of the Indian team with shawls and idols of Lord Ganesha, congratulating the Indian players for the victory. Following their meeting with Prime Minister Narendra Modi in Delhi, the players departed for Mumbai on Thursday. In Mumbai, the Men in Blue had an open bus victory parade from Marine Drive to the iconic Wankhede Stadium.
Virat Kohli, Ravindra Jadeja thank Mumbai Police for 'phenomenal job' managing victory parade
Virat Kohli expressed gratitude to Mumbai Police for their exceptional management of the T20 World Cup victory parade, which drew a massive crowd. The Indian cricket team, returning from Barbados after their win, was feted with enthusiasm. Prime Minister Narendra Modi hosted them in Delhi before their Mumbai parade, attended by thousands. The festivities culminated at Wankhede Stadium, where players celebrated the 11-year trophy drought end.
Victory Parade: Days after Hathras stampede, over 3 lakh crowd erupts in Mumbai, leaving many injured and cars damaged
Mumbai's Marine Drive saw chaos after Team India's T20 World Cup victory parade, with 300,000 fans causing injuries and property damage. Fans climbed cars and danced, resulting in dented vehicles and scattered footwear. Mismanagement was reported as the crowd surged, leading to traffic jams and further chaos. Two fans fainted, and others had breathing difficulties.
Several fans injured during T20 World Cup victory parade in Mumbai
Several fans were injured due to mismanagement at the Marine Drive parade (8:15-8:45 pm) for Rohit Sharma-led T20 World Cup-winning Indian team. Eyewitness Ravi Solanki criticized police. Victim Rishab Mahesh Yadav fell unconscious. Fans celebrated, and the BCCI presented Rs 125 crores at Wankhede Stadium. Injured fans had breathing issues during the victory celebration.
Mumbai: 11 taken to hospitals as sea of fans joins Team India's victory parade
During the victory parade of the T-20 World Cup-winning Indian cricket team in South Mumbai, at least 11 people were hospitalized due to injuries or feeling unwell from excessive crowding. Nine were admitted to GT Hospital, with minor injuries and breathing difficulties, and are now stable. Additional individuals received treatment at St George's Hospital and a private hospital in South Mumbai, later being discharged. The parade attracted thousands of fans to Marine Drive, causing a situation akin to a stampede.
Auto stocks: Time for some cool down and also an opportunity? 6 auto stocks with upside potential of upto 28%
It is the sector which has led the rally which the market has witnessed in the last 14 months and rightly so. If one looks at the history, the rallies which are led by the transportation and auto sector are more durable as sales of LCV and certain other auto segments is an indication of the economic situation on the ground. But there is another fact, which is that with a mad rush for stocks a number of them have seen sharp run with valuations moving upward sharply. There is no doubt that the Indian auto sector is going through a transformation and Indian companies are adjusting to it very well. So there is a situation, while the fundamentals are good and improving, valuations have seen a run up. So, there is a likelihood that we might see some cooling off, but that would bring an opportunity for investors who have missed the bus.
- Go To Page 1
Zomato-Paytm ticketing deal; Oyo’s Rs 1,000-crore funding
Zomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on this, and more in today’s ETtech Morning Dispatch.
First to indicate good or bad about economy, as it stays strong, ignore noises about politics: 6 auto stocks with upside potential of upto 34 %
Unlike the US and some other western countries, where there is a separate transportation index which also has an element of logistic companies in it and is watched very closely, in India we don't have a very popular transportation index. The reason why transportation index numbers are extremely important is because there is enough historical evidence to show that auto industry numbers lead indicators of what is happening in the economy. That is why if one looks at the history of the stock market, the rallies which are led by the transportation and auto sector are more durable rallies. Especially the ones which are led by large commercial vehicles. Demand for large commercial vehicles would only increase when there is higher economic growth as more goods get moved from one place to another when the economy is doing well. At this point and in near term there will be noises about political instability, but better ignore it.
What drives the sector is key to long term investments: 5 large cap stocks from different sectors with upside potential up to 19%
There are some sectors where the macro structure is such that for one or the other reasons the overall growth is higher. This is not to say that growth comes without phases of slowdown, but when tailwinds come they are able to take care of all the slowdown and over a period of time, growth is much better. The growth over a period of time ensures that in bearish markets the stocks are able to perform relatively well and when bulls are back they again are able to inch higher.
Louis Gossett Jr., trailblazing Oscar winner and 'Roots' star, passes away at 87
Louis Gossett Jr., the trailblazing actor who became the first Black man to win an Oscar for Best Supporting Actor and gained fame for his role in the iconic TV miniseries "Roots," has passed away at the age of 87. His cousin confirmed the news, highlighting Gossett's legacy as a talented actor and advocate for racial equality. Gossett's career spanned decades, marked by notable performances on stage and screen, including his acclaimed role in "An Officer and a Gentleman."
Louis Gossett Jr., 1st Black man to win supporting actor Oscar, dies at 87
Gossett's first cousin Neal L. Gossett told The Associated Press that the actor died in Santa Monica, California. A statement from the family said Gossett died Friday morning. No cause of death was revealed.
'Heroes' scrambled to stop traffic before Baltimore bridge collapsed; construction crew feared dead
In the dead of night, chaos ensued as a cargo ship lost control, colliding with a bridge and causing a catastrophic collapse into the river. Eight individuals entered the water, with two managing to survive. Unfortunately, the remaining six, all identified as members of a construction crew responsible for repairing potholes on the bridge, are currently missing.
These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%
Today because the nifty is trading in the red territory, the word correction might be heard on the street but the fact is that for the last many weeks, there has been a correction which has been taking place on the street. That correction did not appear to be very obvious because one or the other sector kept witnessing sharp up moves and the whole focus of the market went there. So, sometimes it was railways stocks, sometimes power PSUs which keep the noise levels high. The good part is that such kind of sectoral corrections are indicative of underlying bullishness and these corrections are part of any bull run. The only thing any investor needs to make sure is that in any corrective phase, bias when making fresh investment should be toward large cap stocks as there is a possibility that they would see less damage in corrections which are stronger in nature due to global or macro developments.
Atal Setu: How the Trans Harbour Link will transform Mumbai
The Mumbai Trans Harbour Link (MTHL), or Atal Setu, as it'll be called now, links Sewri in Mumbai to Nhava-Sheva on the mainland in Mumbai Metropolitan Region, establishing faster connectivity between the island city of Mumbai and the Navi Mumbai on the mainland, and decongesting the perennially choked metropolis as well as opening new vistas of development.
Rekha Jhunjhunwala-backed DB Realty shares rallied over 40% last week. Should you it at buy current levels?
Analysts say investors should wait and watch for some correction before any fresh buying, despite promising prospects for the long term. "They have got prime properties and the market is expecting some kind of monetisation, which is one of the reasons why the stock has spiked. But when will that happen and what is the modus operandi, we have to wait and see," said Avinash Gorakshakar of Profitmart Securities.
Prestige Estates acquires DB Realty’s south Mumbai land parcel for Rs 704 crore
Further expanding its presence in Mumbai’s luxury space, the Prestige Group is planning to develop two luxury residential towers on this plot overlooking the Queen’s necklace and the Arabian sea.
Suits & Sayings: A London summer for India’s power club; guests had to shell out money at this wedding; start-up boss is 3rd-time unlucky
Mayfair and Park Lane have indeed become an extension of Amrita Shergill Marg and Altamount Road.
Maritime body MASSA plans COVID vaccination drive for 10,000 seafarers
"We will kickstart our COVID vaccination initiative (from) June 10 onwards and aim to inoculate at least 10,000 Indian seafarers with Covishield doses in Mumbai within a fortnight," said Shiv Halbe, chief executive officer, MASSA.
Nitish Kumar launches Rs 5540 crore project which aims to make Patna hospital world class
At a function held inside the historical PMCH campus, the Chief Minister laid the foundation stone of the 5462-bed hospital coming up at a cost of Rs 5540 crore, which is expected to be complete in seven years, besides unveiling a plaque commemorating the occasion.
20-km run per week in lockdown has kept Titan MD in shape
Intermittent fasting also helped CK Venkataraman stay in the 65-67 kg weight band.
Hospitality blues: New Year business may crash 70%
The Federation of Hotel and Restaurant Association of India (FHRAI) has asked Maharashtra and Gujarat to lift the night curfew in both states, after Karnataka rolled back the measure on Thursday evening.
IAF, Navy helicopters shower flower petals to honour COVID-19 warriors in Kerala
At around 10 am, the Sarang helicopter of the IAF flew past the Government Medical College Hospital and the General Hospital here as part the nation-wide initiative by the armed forces to honour doctors, paramedics, sanitation staff and other front-line workers battling coronavirus.
Defence aircraft shower petals on Mumbai hospitals
Besides, the Sukhoi-30 fighter planes flew over the city's iconic Marine Drive and carried out a fly-past over the Governor's house here, said the official.
HC bars 2 DB Realty entities from taking loans, orders Rs 48 crore deposit
The court also restricted NCA and GFT from creating any charges, third party interests in their assets without IIRF’s consent.
Nitish cabinet gives nod to redevelop PMCH into world's largest 5462 bed hospital
The hospital, which will be made at an estimated cost of Rs 5540.07 crore, will have 5462 beds.
DB Group's hospitality arm, Sheth Creators in joint venture talks for south Mumbai project
Besides this project, DB Realty is also holding talks to enter into a joint venture for executing the Bandra MIG colony redevelopment.
Five-star hotels offer luxury at a steal in lean season
Five-star hotels have unleashed a rate war to fill up rooms as the lean season is about to set in: from April to September, driving down demand for hotel rooms.
Kasab hanged, victims' kin and survivors express satisfaction
Family members of victims of 26/11 terror attack and survivors expressed satisfaction over the execution of Kasab in Pune's Yerwada jail.
Product complexity drives demand for niche technology solutions
More and more firms, especially in markets like India, are using CFD software since they help manage the complexities of product development much faster and at lower cost.
Load More
