Mumbai

Adani Airports Holdings Limited (AAHL), a subsidiary of Adani Enterprises and India’s largest private airport operator, has raised USD 1 billion in project financing to support the ongoing development and modernization of Mumbai International Airport Ltd (MIAL). Led by Apollo-managed funds, with additional backing from BlackRock, Standard Chartered, and other global institutions, the transaction marks India’s first investment-grade private bond issuance in the airport infrastructure sector.

In a major strategic divestment move, asset management firm 360 ONE offloaded a 12.02% stake in Northern Arc Capital for Rs. 382 crore via open market transactions. The Mumbai-based firm reduced its shareholding from 16.4% to 4.38% after selling approximately 1.94 crore shares across a price range of Rs. 195.71 to Rs. 198.74 per share. The transaction attracted global buyers, with BNP Paribas and Abu Dhabi’s Cohesion Asset Management jointly acquiring a 1.16% stake.

In a dramatic conclusion to the Mumbai T20 League, the SoBo Mumbai Falcons, led by Shreyas Iyer, were narrowly defeated by the Mumbai South Central Maratha Royals at Wankhede Stadium. This marked Iyer’s second loss in a T20 final within ten days, following Punjab Kings’ defeat in the IPL 2025 title match. Despite his recent setbacks, Iyer’s leadership record remains formidable, having steered Kolkata Knight Riders to an IPL title in 2024 and Mumbai to multiple domestic championships.

Recent allegations of predatory behavior against cinematographer Pratik Shah, known for his work on Homebound and Jubilee, have ignited a critical conversation about workplace safety in the Indian film industry. Filmmaker Abhinav Singh publicly named Shah following multiple accounts from women alleging inappropriate conduct. Dharma Productions, the banner behind Homebound, responded with a firm statement emphasizing its zero-tolerance policy on sexual harassment, while noting no formal complaints were registered during Shah’s limited engagement as a freelancer.

Television star Dipika Kakar has publicly revealed her diagnosis of stage 2 liver cancer, turning a routine hospital visit into a life-altering moment. The news has ignited conversations about the often-overlooked symptoms of liver cancer—a disease notorious for remaining undetected until advanced stages. Kakar’s personal revelation underscores the importance of early diagnosis and attentive healthcare. Liver cancer symptoms, such as unexplained weight loss, abdominal discomfort, jaundice, and fluid retention, are frequently misattributed to benign causes.

The Bollywood grapevine is abuzz with speculation that Naomika Saran, granddaughter of screen legends Rajesh Khanna and Dimple Kapadia, may soon be stepping into the spotlight. Spotted outside Maddock Films' office and making stylish public appearances alongside her grandmother, the 20-year-old has reignited curiosity about a potential debut in the film industry. Despite her low-key online presence, Naomika has managed to capture the public imagination.

The Airports Economic Regulatory Authority of India (AERA) has announced the revision of User Development Fees (UDF) for passengers departing from Mumbai's airport, effective from May 16, 2025, until March 31, 2029. In an effort to streamline the allocation of aeronautical charges, the new rates will differ for domestic and international travelers, with a further distinction between economy and business class passengers.

Oberoi Realty, one of India’s premier real estate developers, reported a substantial boost in high-end residential sales following the launch of its latest tower—Elysian Tower D—within its flagship integrated township, Oberoi Garden City, located in Mumbai’s Goregaon suburb. The project recorded bookings worth Rs. 970 crore for 2.1 lakh square feet of RERA carpet area, underscoring continued demand for premium housing in the financial capital.

The Navi Mumbai International Airport (NMIA), a flagship greenfield infrastructure project, is approaching its long-awaited operational debut, with an inauguration anticipated in June. Spearheaded by the City and Industrial Development Corporation (CIDCO) in collaboration with Adani Airport Holdings Ltd, the airport’s development has reached its final stages. With regulatory approvals progressing, airside and terminal works nearing completion, and slot allocation discussions underway, NMIA is poised to transform India’s aviation landscape.

The Confederation of Indian Industry (CII) has shortlisted seven teams for their innovative solutions in the digital content security space as part of the Anti-Piracy Challenge. These teams, including Aezowie Infotech Services, Atomstate, and Nuronics, were selected for their advancements in digital content protection, specifically in the areas of fingerprinting and watermarking technologies. The finalists will showcase their solutions at the World Audio Visual Entertainment Summit (WAVES) 2025, taking place in Mumbai from May 1-4.