BKC
Mumbai auto driver loses Rs 8 lakh per month income from side business after he goes viral
An enterprising Mumbai autorickshaw driver, celebrated for his innovative bag storage service near the US Consulate, faced an abrupt shutdown. His lucrative venture, born out of security restrictions, gained widespread attention after a LinkedIn post highlighted his impressive earnings. However, this fame attracted scrutiny from Mumbai Police, who deemed the unauthorized operation a security threat, leading to its immediate termination.
Stocks in news: Wipro, HDFC Bank, Nazara Tech, Maruti Suzuki, Bank of Baroda
Amid market volatility, promoter entities exchanged Wipro shares. Vijay Kedia invested in Advait Energy, while Bank of Baroda bid for Jet Airways' office space. HDFC Bank faces scrutiny over loan claims. NTPC raised funds for expansion, and ICICI Bank divested its stake in NIIT-IFBI. Zydus Life received US FDA approval, and NCLT approved Maruti Suzuki's merger.
Bank of Baroda top bidder in Jet Airways BKC office insolvency auction
Bank of Baroda has emerged as the highest bidder for Jet Airways' 83,000 sq ft office space in Mumbai's Godrej BKC, offering Rs 370 crore. Brookfield Asset Management, which already owns office space in the building, holds the right of first refusal and is likely to exercise it.
Enrique Iglesias is coming to India for a concert after 13 years! Check dates, cities, prices and booking details
Enrique Iglesias is set to ignite Mumbai on October 20, 2025, at the MMRDA Grounds in BKC, marking his return to India after a decade. The concert, anticipated by over 30,000 fans, promises a nostalgic journey through his hits. Organisers, EVA Live, call it a 'historic moment', highlighting Iglesias' enduring appeal.
From marble cutter to million-follower influencer: How one man’s Labour Day post won the internet
Dipak, a construction worker turned Instagram influencer, went viral on Labour Day after posting a heartfelt photo series of the many jobs he did over eight years. From marble cutting to storekeeping, his raw captions and emotional journey resonated with millions. His authenticity and relatable content have now earned him over 1.5 million followers on Instagram.
Megha deal: Krishna Reddy plans Rs 15,000 crore buyout of uncle PP Reddy’s 51% stake
Megha Engineering's shareholders, the Reddy duo, are finalizing a family settlement where PV Krishna Reddy will acquire Pamireddy Pitchi Reddy's 51% stake for around Rs 12,000-15,000 crore. Krishna Reddy plans to raise funds through asset monetization and financial institutions to complete the deal by March 2027. The infrastructure giant's rise has been marked by both success and controversy.
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These large- and mid-cap stocks can give more than 30% return in 1 year, according to analysts
History suggests that recoveries in the markets are led by large-cap stocks. But in the past two years, because a large amount of money has started to flow into mid-cap MF schemes, there have been phases where the rally and recovery have been led by mid-caps. If we go with the assumption that the markets will remain in bullish mode, it would be better to have exposure to stocks from both the mid- and large-cap segments. It also ensures diversification both in terms of market cap as well as sector. Remember: There are a number of sectors that only have mid-cap companies and some of them are doing well.
Apple leases space in Mumbai’s Borivali suburb for fourth India store
Apple India has leased a 12,616 sq ft retail space in Borivali, Mumbai, for nearly 11 years to launch its fourth Indian store. The lease includes a 10-month rent-free period, a starting monthly rent of Rs 17.35 lakh, and a structured rent escalation with revenue sharing.
MMRDA allots 2.1-acre land in Mumbai’s BKC to Schloss Bangalore for Rs 1,302 cr
Schloss Bangalore, backed by Brookfield Asset Management, has secured a 2.1-acre land parcel in Mumbai's BKC for Rs 1,302 crore. The company plans a mixed-use project, featuring a 250-key luxury hotel, with a total built-up area of over 3.62 lakh sq ft. Schloss Bangalore aims to expand its presence by adding seven more hotels by 2028.
Tesla secures fourth India office in Mumbai as part of expansion strategy
Tesla has leased a 24,500 sq ft office in Mumbai’s Kurla as part of its growing India presence, marking its fourth office in the country. The five-year lease, valued over ₹24 crore, follows Tesla’s recent showroom lease in BKC. These moves signal Tesla’s increasing operational focus and preparation for future manufacturing amid evolving EV policies in India.
Kanakia, hines tie up for ₹3,000 crore office project in Mumbai
Hines and Kanakia Group have partnered to develop a ₹3,000 crore commercial office project near Bandra-Kurla Complex, Mumbai. Sumitomo Corporation and Mitsubishi Estate have joined the alliance for the 1.5 million sq ft premium office space development.
Hines, Kanakia, Japan’s Sumitomo, Mitsubishi in JV for office project in Mumbai’s BKC
Kanakia Group has partnered with Hines, Mitsubishi Estate, and Sumitomo Corporation to develop a 1.5 million sq ft premium office complex in Mumbai's BKC. Kanakia Group owns the land, while Hines, MEC, and Sumitomo are institutional investors and development partners. The project aims to set new standards in India with world-class amenities and design.
Mumbai rains: Underground metro station inundated; MMRC suspends services to Worli
Metro Line 3 operations faced disruption. Heavy rains caused flooding at Acharya Atre Chowk station. Services between Acharya Atre Chowk and Worli were suspended. The incident raised concerns about construction quality. Water seepage occurred due to a collapsed water-retaining wall. Services from Aarey JVLR to Worli remain operational. Videos showed waterlogging and damage inside the station.
Rising business confidence, commitment drives front office leasing growth
India's prime business districts, particularly in Mumbai, Bengaluru, and Hyderabad, are experiencing a surge in demand for premium office spaces, fueled by growing corporate confidence. Leasing activity is robust, with rents steadily increasing in core central business districts. This trend signifies India's evolution into a headquarters economy, attracting both domestic and multinational corporations seeking strategic locations.
Liquidator puts Jet Airways' office space in Mumbai's BKC on the block
A government-appointed liquidator is auctioning an 83,000 sq ft office floor in Mumbai's Godrej BKC, formerly owned by Jet Airways, with a reserve price of Rs 335.24 crore. Brookfield Asset Management, which previously acquired two floors in the same building, holds the right of first refusal.
ICICI Bank deploys atmospheric water generators across key offices
The move is in line with ICICI Bank’s broader ESG goals and reduces dependency on bottled water for over 4,200 employees
Tesla strengthens India presence with new office near Mumbai’s BKC
Tesla Inc. is deepening its India plans by leasing a 30-seater private office space in Mumbai's Kurla area, near the Bandra-Kurla Complex business district, for ₹3 lakh per month. This move follows Prime Minister Modi's meeting with Elon Musk and indicates Tesla's accelerated approach to entering the Indian EV market, supporting local hiring and regulatory coordination.
Even ₹50,000‑crore man Sridhar Vembu has regrets, and it’s over a ₹20 snack
Zoho co‑founder Sridhar Vembu, worth over ₹50,000 crore, surprised everyone by trying Mumbai’s iconic ₹20 vada pav for the first time. Sharing his delight on social media, he joined other high‑profile fans like Tim Cook and Mukesh Ambani in praising the “Indian burger.” Vembu’s humble snack revelation highlights that even life’s simplest pleasures can transcend wealth.
These mid-cap stocks with ‘strong buy’ & ‘buy’ recos can rally over 26%, according to analysts
When you are in the market as an investor, it is best to ignore what is happening to the Nifty and Sensex… especially on the day of expiry of monthly contracts in the derivative segment. The movement of the Nifty and Sensex would be impacted on that day by unwinding and rollover of positions. What needs to be watched, instead, is the Q4 earnings season. It has panned out well till now. If it continues in the same mode when mid-cap companies start to declare their results, it would be a bullish sign. But there is a caveat: There may be volatility caused by global events. It is something you should be ready for.
Short of quality space, companies go for custom-made offices
Corporates in India are increasingly opting for built-to-suit properties to tackle the shortage of quality office spaces in major cities. This demand is fueled by a mismatch between supply and demand, with a significant need for large office spaces ranging from 500,000 to 1 million sq ft.
Mumbai Metro's telecom model illegal, anti-consumer: Telcos
A telecom lobby group, COAI, has criticised Mumbai Metro's mobile infrastructure model as illegal and anti-consumer. COAI, representing major telcos like Airtel and Jio, opposes MMRC's decision to assign telecom infrastructure deployment to a third-party vendor for Metro Line 3. The association claims this violates regulations, sidelining licensed TSPs who are authorised to deploy networks.
ETtech Explainer: How a Modi-Musk meeting supercharged Tesla’s India plans
Tesla’s India entry has accelerated since PM Modi’s meeting with Elon Musk, with the company ramping up recruitment and securing site for a showroom space in Maharashtra. Policy changes lowering EV import duties and ongoing talks with local suppliers signal Tesla’s intent to localise production and supply chains in India
These mid-cap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
The Q4 earning season is important for the markets. It is after a long time that the street is not under the assumption that all is good, and will remain good forever. So, what needs to be watched? One, how is the street treating disappointments? If the reaction is limited to the stock concerned and does not sustain beyond one or two trading sessions, it is indication that, yes, the underlying sentiment has changed and the disappointment has been priced in. But if the reaction extends beyond the stock to the whole sector, then it is bad news.
Accor to launch new Raffles and Sofitel Legend hotels in Ranthambore and Jaipur
Accor, in partnership with Sukhani Ventures, is set to introduce two luxury hotels in Rajasthan. Raffles Ranthambore, an ultra-luxury villa resort, is slated to open by mid-2027. Sofitel Legend Sukh Bagh Jaipur, a large property in Jaipur, is expected to launch in late 2028. These ventures aim to blend luxury with the region's rich heritage, offering unique hospitality experiences.
Top 7 Indian cities register 4-8% office leasing growth, outperform global markets: Report
Despite global rental market struggles, Indian cities are experiencing robust growth, with Delhi leading at 8.2% and Mumbai at 6.7%. This contrasts sharply with declines in major global hubs like New York and Shanghai.
India’s old offices, new goldmine: Rs 45,000 crore retrofitting opportunity beckons
India's thriving office market faces a $5.3 billion retrofitting opportunity to meet evolving sustainability standards and occupier demands, according to a JLL India study. Upgrading 62% of Grade A office spaces could yield 15-30% higher rents, with potential premiums reaching 50% in some Mumbai submarkets.
Accor, InterGlobe looking to beef up presence through Treebo franchise deal
InterGlobe Enterprises and Accor are in discussions with Treebo for a master franchise partnership, aiming to expand their presence in India's mid-market hotel segment. The collaboration targets establishing 100 hotels within five years, focusing on budget travelers in Tier II and III cities.
MMRDA gets record bids from Brookfield, Sumitomo for 3 plots in Mumbai’s BKC
Brookfield Asset Management and Japan's Sumitomo Corporation emerged as top bidders for plots auctioned by The Mumbai Metropolitan Region Development Authority in Bandra-Kurla Complex. Brookfield bid Rs 387,000 per sq meter for over 2 acres, while Sumitomo bid Rs 482,000 per sq meter for two plots totaling 3.2 acres. Proceeds will fund infrastructure projects.
Tesla’s maiden India showroom lands in Mumbai’s BKC, sets lease rate national record
Tesla Inc has leased its first showroom in India, located in Mumbai's Bandra Kurla Complex, at a record Rs 881 per sq ft. The lease agreement marks a significant move toward catering to India's increasing demand for premium electric vehicles and includes provisions for a long-term tenure of five years.
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