Mumbai

Mumbai’s Chhatrapati Shivaji International Airport recorded a 1.3% increase in passenger traffic in 2025, reflecting a steady recovery in air travel despite global economic headwinds. Domestic travel continued to drive growth, supported by rising disposable incomes, festive travel, and improved connectivity, while international traffic showed modest gains amid geopolitical and macroeconomic uncertainties. The airport’s management highlighted operational efficiency, enhanced passenger services, and infrastructure upgrades as key enablers of sustained traffic growth.

In a recent interaction, Bollywood actor Kajol stirred conversation across social media by suggesting that marriages should come with an “expiry date.” Her statement followed Twinkle Khanna’s light-hearted viral comment about “cheating” within relationships, adding fresh momentum to an ongoing discourse about the modern state of marriage, companionship, and changing social expectations. While Kajol’s tone was partly humorous, her remarks highlight a growing sentiment in urban India—where love, commitment, and individuality often clash with traditional ideals of lifelong marriage.

Legendary Indian actor Dharmendra has been admitted to Breach Candy Hospital in Mumbai nearly a week after undergoing a routine health check. Sources close to the development indicated that the 88-year-old star was brought in for further medical observation as a precautionary measure. While no serious complications have been reported, the decision to admit him underscores the heightened care protocols often followed for senior public figures. Known as one of Hindi cinema’s most enduring icons, Dharmendra continues to command immense admiration across generations.

Kalpataru Ltd, a prominent Mumbai-based real estate developer, has announced a 19% year-on-year growth in its pre-sales for the second quarter of the financial year 2025–26 (Q2FY26), reaching ₹1,329 crore. This performance underscores a sustained recovery in the residential real estate sector, driven by strong housing demand. The company also reported a 37% increase in collections, amounting to ₹1,162 crore for the quarter.

Mumbai's real estate market in 2025 is experiencing significant transformation, driven by infrastructural advancements, policy reforms, and evolving buyer preferences. The city is witnessing a surge in luxury housing demand, with prices increasing by 6% this year. Infrastructure projects like the Navi Mumbai International Airport and Metro Line-3 are enhancing connectivity, making peripheral areas more attractive. Policy changes, such as the amendment to the Fragmentation Act, are facilitating urban development.

St. Xavier’s College has called off its scheduled Stan Swamy Memorial Lecture after protests led by the Akhil Bharatiya Vidyarthi Parishad (ABVP). The student group objected to the event, citing ideological differences over the legacy of Father Stan Swamy, a Jesuit priest and tribal rights activist who was arrested under the Unlawful Activities (Prevention) Act in 2020 and died in custody the following year.

Indian Hotels Company Ltd (IHCL), the hospitality arm of the Tata Group, has acquired additional shares worth Rs. 165 crore in ELEL Hotel & Investments. This move signals IHCL’s commitment to consolidating its position in Mumbai’s premium hospitality market, home to some of its flagship luxury properties. The investment not only fortifies its control over prized assets but also aligns with a broader strategy of deepening ownership of key hotels in high-demand metros.

India's market regulator, SEBI (Securities and Exchange Board of India), has confirmed its involvement in a high-profile investigation related to a "pump and dump" scam that has ensnared multiple cities. Raids conducted across Ahmedabad, Mumbai, and Gurugram in June 2025 targeted a racket allegedly worth Rs 300 crore, involving shell companies and operators inflating stock prices to deceive public investors. The operation, SEBI stated, has resulted in the seizure of critical evidence, including company documents and rubber stamps, with further investigations underway.

Mumbai-based pharmaceutical giant Lupin Ltd has received a crucial regulatory nod from the U.S. Food and Drug Administration (USFDA) for its generic version of Prucalopride tablets, designed for the treatment of chronic idiopathic constipation (CIC) in adults. The approval covers two dosage strengths—1 mg and 2 mg—and positions Lupin to compete in a U.S. market segment estimated at $184 million annually, according to IQVIA MAT data for April 2025.

In a significant leadership transition, Rothschild & Co has appointed Aalok Shah as Head of Global Advisory for India, succeeding long-serving executive Chandresh Ruparel. Shah’s promotion marks a pivotal shift for the firm’s Indian operations as it enters a new phase of strategic expansion. With nearly two decades of experience within the firm and an extensive record of service in both London and Mumbai, Shah is positioned to guide Rothschild & Co’s advisory business in one of Asia’s fastest-growing financial markets.