MUMBAI OLD AGE HOME NEWS
Mumbai records luxury housing sales worth Rs 12,300 cr in January-June
The luxury housing market in Mumbai is experiencing significant growth, driven by a surge in sales of properties priced at Rs 10 crore and above. Sales in the first half of 2024 reached a record high of Rs 12,300 crore, marking an 8% increase compared to previous periods. Factors contributing to this trend include rising disposable incomes, favorable government policies, and strong interest from both domestic and international investors.
BMW hit-and-run case: Police recreate scene with Mihir Shah and driver; both confronted during interrogation
Mumbai BMW accident: Two accused in the Worli hit-and-run case, Mihir Shah and his driver Rajrishi Bidawat, have confessed to their roles in the crime. Police recreated the scene from CJ House Worli to Sea Link Worli. Shah was sent to police custody until July 16 after being arrested in Virar. Maharashtra Chief Minister expressed alarm at the rise in hit-and-run incidents.
Investors flock to new-age food brands; ecommerce sales report
Happy Wednesday! Investors are showing a strong appetite for new-age food brands, with notable investments and expansions taking place. This and more in today’s ETtech Morning Dispatch.
BMW hit and run case: Accused Mihir Shah arrested after 3 days
Mumbai Police arrested 24-year-old Mihir Shah in connection with a BMW hit-and-run incident that killed a 45-year-old woman. Shah had been evading arrest, prompting the police to form six teams and issue a lookout notice. Investigations revealed Shah had visited a pub in Juhu before the incident, and statements from his friends have been taken. Maharashtra Chief Minister Eknath Shinde expressed concern over rising hit-and-run cases and vowed zero tolerance for misuse of influence.
Mumbai hit-and-run case: Several calls made to accused by his father after incident, says police
Rajesh Shah, the father of Mihir Shah, made several calls to his son after Mihir was involved in a hit-and-run incident in Worli, resulting in the death of 45-year-old Kaveri Nakhwa. Prior to the accident, Mihir had been partying with friends at a pub in Juhu. The Mumbai Police have formed 14 teams to locate Mihir, who is currently missing, and have issued a lookout notice for him. Maharashtra Chief Minister Eknath Shinde has expressed concern over the rise in hit-and-run incidents and stated that misuse of power by the influential will not be tolerated.
In yet another tragic hit-and-run case, woman killed by speeding BMW in Mumbai
The incident occurred around 5:30 am between Atria Mall and the beginning of the coastal road on the same stretch. Sources told TOI that the BMW was travelling at high speed when it struck the couple's bike. The impact caused the husband to fall to the side with his bike, while his wife was thrown onto the car's bonnet.
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Mumbai BMW Accident: Here's what happened, victim identity, accused details, and police findings
The accident occurred around 5:30 am between Atria Mall and the beginning of the coastal road. The couple, returning home after buying fish, was struck by the BMW. The impact was so severe that the woman, Kaveri Nakhava, aged 45, was thrown onto the car's bonnet. Her husband managed to jump off the speeding vehicle, escaping with injuries.
To a defiant Joe Biden, the 2024 race is up to the voters, not to Democrats on Capitol Hill
On Saturday, a fifth Democratic lawmaker said openly that Biden should not run again. Rep. Angie Craig of Minnesota said that after what she saw and heard in the debate with Republican rival Donald Trump, and Biden's "lack of a forceful response" afterward, he should step aside "and allow for a new generation of leaders to step forward."
Emma Raducanu rediscovers Wimbledon 'fun' factor after turbulent spell
Emma Raducanu is finally all smiles again at Wimbledon after the former US Open champion rediscovered the fun factor that made her the golden girl of British tennis before a stunning fall from grace. Aged just 18 at the time, Raducanu's fairytale US Open triumph made her the first British woman to lift a Grand Slam singles trophy since Virginia Wade at Wimbledon in 1977.
Fortifying the Forces: Agnipath scheme may see significant changes following Army survey
The Indian Army is set to implement major changes to the Agniveer scheme following feedback from an internal survey. These changes include extending the service tenure from four to eight years, increasing the retention rate of Agniveers to 60-70%, and raising the induction age for technical services to 23 years. The modifications aim to address concerns about inadequate expertise and improve the scheme’s effectiveness. The proposals will be reviewed by the Prime Minister's Office, with final decisions expected soon.
Amit Shah - an astute politician and master strategist
Amit Shah, a senior BJP leader known for his political acumen, played a crucial role in the party's growth, crossing 300 seats in the 2019 Lok Sabha election.
Iran helicopter crash shows Tehran's reliance on an aging fleet as well as its challenges at home
While the cause of the May 19 crash remains unknown, the sudden death of the hard-line protege of Iranian Supreme Leader Ayatollah Ali Khamenei exposed the contradictions and challenges facing the country's Shiite theocracy. The Iranian military investigators probing the crash have previously faced international criticism over their report on troops shooting down a Ukrainian airliner in 2020.
Coding to cricket: Saurabh Netravalkar aces all pitches
Newest USA cricket star Saurabh Netravalkar is also a software engineer who has developed his own cricket app, Ukulele player, and singer. He showcased his composure during a thrilling Super Over victory against Pakistan. His calm demeanor and strategic bowling secured an unforgettable win. Saurabh's journey from academic pursuits in the US to cricket success highlights his resilience and dedication to excellence.
New-age brands buzz on deal street; Unacademy founders’ voting rights
Happy Friday! New-age brands are attracting capital from VC funds, founders and other types of investors. This and more in today’s ETtech Morning Dispatch.
Britney Spears robbed off jewellery? Here's what police said
Britney Spears has claimed that her jewellery was stolen from her house in California.
At least 14 dead from storms in Texas, Arkansas, Oklahoma and Kentucky
Search teams in the U.S. Southern Plains and Ozarks are assessing damage after tornado-spawning thunderstorms killed at least 14 people and destroyed hundreds of buildings. North Texas, near the Oklahoma border, was hit hardest, with seven fatalities and nearly 100 injuries. Severe weather delayed the Indianapolis 500. Tornadoes, with winds up to 135 mph, wreaked havoc, especially in Valley View, Texas, and other regions. As cleanup continues, forecasters warn of more storms, extreme heat, and a potentially severe Atlantic hurricane season starting June 1.
We wish to grow in SOBO market which will see resurgence of residential developments: Boman Rustom Irani, Keystone Realtors
Keystone Realtors, led by Boman Rustom Irani, are expanding into SOBO due to city infrastructure growth. FY25 outlook is positive, with FY24 surpassing expectations. Strong OCF, acquisitions, and partnerships contribute to the company's success. The real estate sector in Mumbai is poised for growth, driven by infrastructure development and a surge in redevelopment projects.
Pooja Bhatt & Suniel Shetty to star in untitled Lionsgate film
Last week, Shetty had teased that he is partnering with the studio for an "explosive thriller" project. It is currently not known whether the project is a film or a series.
Maharashtra sets an example in empowering the disenfranchised
In all, a total of 125 homeless persons at the shelter have benefited from the initiative undertaken by SEAL's social workers. They are now looking forward to cast their votes in the upcoming Phase-4 of the elections in Maval constituency on May 13.
Political parties flock to Mumbai shelter as homeless residents become voters
Here's the remarkable journey of homeless individuals in Mumbai who have transitioned from shelter residents to registered voters, thanks to the tireless efforts of the Social and Evangelical Association for Love (SEAL). This heartening tale highlights their newfound political empowerment and the attention they've garnered from political parties eager to engage with them.
Mumbai: 3 injured in e-bike battery explosion; neighbour's house also damaged
Explosion of an electric motorbike battery in Mumbaiinjured two women, one man, collapsing a house. Separate incident on Gokhale Road in Thane injured motorbike rider, auto-rickshaw driver; treated at medical facilities.
Andrew Tate, brother arrested again, produced in court. Check what are charges
Andrew Tate has been arrested by Romanian police even as the controversial influencer and his brother were under judicial supervision in a separate case.
New-age consumer brands pulling in funds, tech no bar; and other top stories this week
At the peak of the funding winter last year, an investor told me that the pace of investment deals will continue to be slow, but the nature of companies grabbing new cash will be different. The next obvious question was: what kind of companies? Consumer brands, the person said.
Did you know Avtar Saini, the ex-Intel India head killed while cycling, held 7 patents in chip design?
Avtar Saini, former head of Intel India, tragically passed away while cycling in Navi Mumbai. Saini, known for his contributions to Intel's microprocessors, held 7 patents and played a leadership role in the development of the Pentium processor and Intel's 64-bit architecture - the Itanium Processor.
End of an era: Iconic chef Imtiaz Qureshi passes away at 93
Qureshi is survived by five sons and two daughters.
Billy Jack Haynes, the ex-wrestler, arrested after wife found dead inside home, claims report
Billy Jack Haynes has been arrested after his wife was found dead inside their house, as per a report.
'Mary Poppins' star Glynis Johns passes away at 100
Stage and screen icon Glynis Johns, renowned for "Mary Poppins" and "Send in the Clowns," passed away at 100. A perfectionist, she tackled multi-faceted roles, winning a Tony for "A Little Night Music." Her distinctive voice inspired Sondheim's iconic song. Despite losing film parts, her impact on theater endured. With a rich theatrical lineage, she performed globally, leaving a lasting legacy.
Summon likely for Apple over threat alert; a new-age company trend in IPOs
A parliamentary committee may summon representatives from Apple after several opposition leaders said they received an alert of a potential hacking attempt on their iPhones.
Silver divorce, getting some 'me-time'
The trend of "silver divorce" is growing in India, with couples over the age of 50 opting to end their marriages. This trend is not necessarily a negative one, as it may simply be a desire for independence and "alone time" after years of being together. It highlights the fact that marriage and divorce are choices made by individuals, rather than predetermined outcomes.
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