The political slugfest ahead of the Brihanmumbai Municipal Corporation elections has hit a fresh low. Maharashtra Navnirman Sena chief Raj Thackeray has triggered a major controversy by targeting BJP leader K Annamalai with racist remarks during a joint rally at Shivaji Park. The comments, sparked by Annamalai’s assertion that Mumbai is a global city, have escalated tensions into a Tamil-Maratha flashpoint. Annamalai has hit back, saying he will not be intimidated and will continue to visit Mumbai. With parties trading sharp barbs, the controversy has become a key talking point ahead of the high-stakes civic polls.
Shares of Bank of Maharashtra jumped more than 2 per cent to Rs 65.14 on Tuesday, with a total market capitalization close to Rs 50,000 crore.
An analyst from Anand Rathi said that Bank of Maharashtra continues to exhibit a positive technical structure and the stock is reflecting sustained buying interest and a healthy short-term trend.
Stocks including TCS, Adani Energy Solutions, Anand Rathi Wealth, HCL Technologies, Biocon, NBCC, NLC India, KRBL and more will be in the spotlight on Tuesday, January 13.
Q3 results today: Select companies including TCS, HCL Tech, AR Wealth, Infibeam Avenues, Maharashtra Scooters, GTPL Hathway, Gujarat Hotels, and others will release their results for Q3FY26 today.
The sudden change in weather disrupted daily life, slowing road, rail and air traffic across fog-prone areas.
At Aaj Tak Manthan, Nilesh Shah, Founder, MD & CEO of Envision Capital Services Pvt Ltd, reflected on how global perceptions of Mumbai and India have evolved over time. He noted that while countries like Indonesia and Singapore once aspired to emulate Mumbai, today they have surged ahead in per capita growth due to scale and governance advantages. Shah explained that Mumbai’s growth is constrained by carrying the economic weight of Maharashtra and India, unlike smaller city-states. Highlighting Mumbai’s true strength, he pointed to its unmatched civic spirit and resilience during crises, arguing that development must be measured not just by infrastructure, but by social responsibility and collective character.
Maharashtra Chief Minister Devendra Fadnavis shared the government’s roadmap to make Mumbai slum-free within the next 7–8 years, with a detailed focus on the redevelopment of Dharavi. Speaking exclusively, he outlined plans centred on large-scale housing reforms, infrastructure modernisation, and major transport upgrades to improve quality of life for residents. The Chief Minister emphasised sustainable urban planning and inclusive growth as key pillars of the Dharavi redevelopment model and Mumbai’s long-term transformation.
The alliance was formed despite the Shinde-led Shiv Sena faction securing the highest number of seats in the recent Ambernath municipal polls, intensifying scrutiny over shifting political allegiances in the state.
The remarks come after reports that, following civic elections held last month, BJP leaders in some municipalities entered into post-poll arrangements with rival parties.
Emkay Global projects high-teens topline and 50% earnings growth for Radico Khaitan, while Allied Blenders is expected to see mid-single-digit topline and low single-digit earnings growth.





