Five stories from Mumbai you shouldn’t miss
The Shiv Sena on Friday equated U.S. President elect Donald Trump to Indian Prime Minister Narendra Modi, saying that both personalities won the popular mandate on similar premises and that many see Trump as ‘America’s Modi.’ In an editorial in its mouthpiece publication, Saamana, the party said, “Trump recognised the sentiments of people and directly tapped into them. Before the Lok Sabha elections, Modi had also established a sentimental connect with people.” Read
Demonetisation may bring down resale flat prices in Mumbai
Currently, the resale market makes for about 25-30 % of realty sales. Majority of the owners demand cash to save on the Capital Gains tax that is levied on these transactions. Another significant reason for the decline is that majority of the buyers for these resale flats are either businessmen or entrepreneurs who have liquid cash in hand. Read
Things to know about the Gulshan Kumar murder case
Underworld gangster Dawood Ibrahim’s aide, Abdul Rauf alias Dawood Merchant, was deported to India late on Wednesday and handed over to a team of Mumbai crime branch officials. The process of handing him over to the Indian authorities was completed along the Indo-Bangladesh border in the presence of border security forces. Merchant was convicted in the 1997 murder of singer Gulshan Kumar — and was sentenced for life in 2002. Here are five things to know about the Gulshan Kumar murder. Read
Cops arrest 6 over ruckus at Mumbai restaurant
Three people were allegedly assaulted by an irate manager, cashier and waiters at a Matunga restaurant on Thursday night over payment of bill due to lack of change. The incident occurred at Ganga-Vihar restaurant in Matunga, said the Mahim police. Read
Scramble for cash as ATMs open
There was a manic rush to withdraw cash across banks and automatic teller machines (ATMs) centres in Mumbai as latter opened on Friday morning – two days after the government banned Rs500 and Rs1,000 notes. But long winding queues to withdraw cash stayed. Read
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