Slum Dwellers Not Paid Rs 646 Crore Rents By Developers, 517 SRA Projects Stalled

Developers in Mumbai owe pending rental dues worth over Rs 646 crore to slum dwellers whose houses have been taken up for redevelopment under the Slum Rehabilitation Authority (SRA) scheme. The pending rental dues had swelled upto Rs 1382.48 crore since 2022 of which the state helped recover Rs 735.67 crores till May, 2025. Defaulting on rents for slum dwellers of SRA projects has assumed such proportions that the government now insists developers deposit two years of rent in advance. The SRA also managed to get Rs 552 crore as advance rents from developers. In a bid to expedite stalled projects, the SRA has also served notices to 86 errant developers to facilitate their replacement and help these projects take off.  About 1700 projects of SRA are currently ongoing in the city of Mumbai, out of which about 517 are stalled due to various reasons. In order to take such stalled projects off the ground, the Maharashtra government has also got government statutory bodies like the Maharashtra Housing and Area Development Authority (MHADA), Mumbai Metropolitan Regional Development Authority (MMRDA) and even the City Industrial Development Corporation (CIDCO) to intervene and get into the slum rehabilitation space. The Brihanmumbai Municipal Corporation (BMC) is also undertaking SRA in 64 of its own plots. Though the SRA was adjudged as the best performing department in the 100 days administrative reforms review by the Devendra Fadnavis government, activists are convinced that it continues to remain a developers’ domain. (By Hepzi Anthony)

Sports To Politics: Cricketer Md Azharuddin’s Son Joins Telangana Cong

There wasn’t much reaction in Telangana Congress when former cricketer Mohammed Azharuddin’s son, Asaduddin, also a cricketer, recently parachuted in and landed as a General Secretary of the Telangana Congress. A senior leader and a former MP dismissed the appointment as a non-event and routine. After a stint in cricket, Asaduddin expressed his desire to serve the public through politics, drawing inspiration from his father and Congress leader Rahul Gandhi. Describing his new role as a “big responsibility”, Asaduddin said he was committed to working for the party in line with its ideology. He praised Rahul Gandhi for fighting for the Congress’s values despite facing numerous challenges He also credited his father, who has been active in politics for over 15 years, as a major influence. Azharuddin, a former Lok Sabha MP from Moradabad, UP, contested and lost the 2023 Telangana Assembly elections from Jubilee Hills constituency. Asked why he quit cricket, Asaduddin remarked that a sports person’s career is short and timing plays a crucial role in success. Married to tennis star Sania Mirza’s sister, Anam Mirza, Asaduddin felt his time in cricket was over. In a post on X, Azharuddin wished his son and said he had seen his (Asaduddin) commitment to people, his passion for service, and his sincerity up close and hoped he would stay “grounded”. With his son’s debut in state politics, Azharuddin is now confident that he will once again be fielded for Jubilee Hills by-elections.  He had lost the seat in 2023. (By Lakshmi Iyer)

“Superb” Pant Has More Test Centuries Than Mr Cool Dhoni

Having once been condemned by Sunil Gavaskar from the commentary box with a serial “Stupid. Stupid. Stupid” description, Rishabh Pant made the legend say “Superb,” three times in tribute to a century at Leeds. That was soon as he became the Indian wicket-keeper with most Test centuries (7) – not Dhoni (6), not Saha (3) nor any of the older greats. And he has kept this “all-rounder” status in his own unique way, rolling on his back not to collect stray wide balls from bowlers but to punt the ball over the ‘keeper’s head. And who else can conceptualise a virtual one-handed lofted shot to mid-wicket sailing beyond the ropes for a six to get to a century. After all, he is a batsman who opened his Test account with a six. Even Gavaskar, who has watched more cricket than many of the legends, may never have predicted such a fulfilling future for a plump youngster. And if he thanked God it may have been not only for the record-breaking century but also saving his life the night that he was involved in a car crash from which few gave him a good chance of survival. Maybe that is why Pant is determined not only to live every minute of a second chance at life but also enjoy it. Maybe, Pant has shown Sunil that despite all that madness that seizes him now and then while batting that he is perfectly capable of stringing together long Test innings. If there is one thing that has not left him may be a bit of spirited batting that in the eyes of critics may seem “Stupid.” Maybe, none will call him “stupid” again regardless of how adventurously he bats when the whim captures his mind. (By Tamil Raja)

Titagarh-Ramakrishna JV’s Chennai Unit To Boost Rail Wheel Production

Titagarh Rail Systems, one of India’s foremost manufacturers of rail wagons and coaches, is taking a strategic step to bolster its production capabilities through a new joint venture with Ramakrishna Forgings Ltd. The joint venture, named Ramkrishna Titagarh Rail Wheels Ltd, is setting up an advanced manufacturing facility in Gummidipoondi, located near Chennai. This state-of-the-art plant is designed to produce high-performance forged wheelsets, catering to the requirements of metros, freight wagons, and passenger railcars. The facility will have an annual production capacity of 220,000 wheels. As part of the venture, 80,000 of these wheels will be supplied to Indian Railways under a guaranteed offtake agreement, offering long-term business visibility. Each forged wheel is estimated to cost around Rs 1 lakh. The plant is expected to commence full-scale operations by Feb-Mar 2026.This initiative is crucial, especially after Titagarh faced a slowdown in wagon sales last fiscal due to a shortage of wheelsets from the Rail Wheel Factory. By building its own supply capability, the company aims to eliminate such supply chain disruptions in the future. With about 25% market share, Titagarh remains India’s largest freight wagon manufacturer, leveraging a vertically integrated model for operational resilience. (By Balachandar Gangadharan)

Nani’s Hit 3 In The Dock Over Plagiarism Charges

The name Prashant Tipirineni Nani may not stir recognition until you notice Nani. Oh yes, HIT: The Third Case or Hit 3 starring Nani in an electric turbo action role will immediately stir memories of that action thriller. Much talked about but given mixed reviews by critics. But redemption too…it is the third highest grosser Telugu film, collecting Rs 56 crore in 6 days of cinema run. The team of Nani, Srinidhi Shetty and Director Sailesh Kolanu were happy that HIT 3, third instalment in the series, had surpassed Nani’s earlier Hi Nanna, Saripodhaa Sanivaram and HIT 1 collection. But happiness and celebrations in this mercurial make-believe world of cinema is often short lived…ghosts from the past or ghosts who walk in due to bad Karma often wreck the party and the high of commercial success soon, nosedives. Allegations of story/plot plagiarism are hurled and more often than not, end up in court. Hit 3 has just been hit by allegations from Soniya Vimal (Vimalavalan) who has accused Nani of lifting most of her story, making a few changes here and there in the making of HIT 3. The writer is now demanding copyright compensation of 20% of the take. Vimal claims she had registered her story with the South Indian Film Writers Association in 2021, met with Nani and gave him an outline but got no response from the makers. After watching the first show, she could identify and record every spin of the story, her original. The only recourse was to go to the court. The Madras High Court has now posted the hearing for July 7. (By Padma Ramnath)

Will Aamir Khan’s Bet On Niche Cinema Pay Off?

Aamir Khan, hailed as one of Bollywood’s most bankable stars, has consistently pushed the boundaries of Indian cinema with his choice of diverse and thought-provoking roles. However, his latest film, Sitare Zameen Par, which garnered approximately Rs 10.70 crore on its opening day, raises critical questions about the viability of niche cinema in a commercial landscape dominated by mass appeal. While the film showcases Aamir’s commitment to storytelling that resonates with a more elite audience, its limited screen release and lack of mainstream entertainment elements have significantly hampered its box office potential. Unlike his contemporaries, Shah Rukh Khan and Salman Khan, who frequently deliver mass-centric blockbusters, Aamir’s foray into niche narratives may alienate the average moviegoer. The film’s intellectual depth and artistic merit, although commendable, do not cater to the broader audience base that thrives on high-octane entertainment and relatable themes. The expectation for Aamir Khan films to cross the Rs 100-crore mark within the first three days has become a benchmark of success in Bollywood. However, Sitare Zameen Par weekend collections appear to be around Rs35-40 crore, a figure that many industry insiders deem disappointing for a film featuring such a prominent star. This trend raises concerns about the sustainability of niche cinema in a market that increasingly favours commercial viability over artistic expression. As the film fraternity navigates this evolving landscape, it is imperative for stars like Aamir Khan to strike a balance between artistic integrity and audience engagement. While niche films have their place in cinema, the current climate suggests that a more mass-oriented approach may be necessary to foster the growth of Indian cinema as a whole. (By Girish Wankhede)

Shubman Gill Seals No 4 For Himself With Snooker Best Score Of 147!

Shubman Gill has settled the No 4 position for himself in the New India batting order in Test cricket. The moment he was named the captain of the Test team for the five Test series in England, the grapevine was rife with pros and cons of his batting at No 4 with the MRF sticker bat. Just like his predecessors Sachin Tendulkar and Virat Kohli who batted at No 4 and the lithe right-hander from Punjab confirmed it after the fall of debutant Sai Sudharsan at the stroke of lunch on the first day of the Headingley Test. Gill batted with a lot of assurance and compiled an elegant 227-ball 147 with 19 hits to the pickets and one six on the onside. For 12 minutes short of six hours, Gill looked the master playing behind and beside the line against the England fast bowlers. It was Gill’s first time undertaking at No 4 and he and those who helped him take that call would be more than satisfied with his effort. Gill may have thrown away a chance to convert his knock into a double and much more had he not taken the chance against the off break bowler Shoaib Bashir and offered a high catch to Joshua Tongue in the deep. When the going was good, Gill could have really cashed it on, but his departure (430/4) triggered an India collapse to 471. The pitch aided the home team seamers who were also able to swing the ball, and Gill stood up to the task after Yashasvi Jaiswal scored a lovely hundred opening the innings after being put into bat. A great knock from Gill, but a rush of blood heave spelt his doom. (By G Viswanath)

Laadki Bahin Success Prompts Maharashtra Govt To Launch Scheme For Daughters-In-Law

Maharashtra’s Mahayuti alliance achieved a thumping majority in the assembly election late last year. One important factor that ensured such a handsome mandate was the Mahayuti’s ‘Laadki Bahin’(Beloved Sister) scheme. Under this, each applicant woman was paid a monthly dole of Rs 1500. Though there were certain conditions for a beneficiary to be eligible, there was no scrutiny. As a result, even female government officials and those paying income tax also took advantage of the scheme. Some others came in their own cars to receive the cheques. Now, a thorough scrutiny is underway and thousands of names have been dropped, some of them voluntarily by the beneficiaries concerned themselves. Considering the local body elections due in the state after the monsoon, deputy chief minister Eknath Shinde has declared that a scheme called, “Laadki Soon” (Beloved Daughter in Law) will be launched by the government. There is a reason for the necessity of such a measure despite tall claims that Maharashtra is a progressive state. Time and again, harrowing stories of torture for dowry of newly wed girls surface in the media. In certain cases, the unfortunate girls are either killed or commit suicide. A few such instances that shook the state’s conscience over the past two months are believed to have caused Shinde’s announcement, which will be implemented soon. Incidentally, it was Shinde as the state CM who had introduced the Laadki Bahin Yojana last year. (By Dilip Chaware)

Mutual Funds Still Trail Gold and Real Estate, Big Plans To Boost The Sector

In terms of absolute growth, the country’s mutual fund industry has grown at a scorching pace. Its AUM has grown from Rs 21 lakh crore in 2017 to Rs 72 lakh crore in 2025, monthly SIP from Rs 4,000 crore to Rs 26,600 crore and investor’s count has grown five times — from 1 crore to 5 crore. Yet, the investor’s numbers is poor given the size of the population. This poor investor number indicates low awareness and thereby poor penetration level. Though the industry’s Sahi Hai campaign has transformed the space from a high-net-worth niche to a retail-driven engine, more needs to be done. At the 17th ICC Mutual Fund Summit, regulator SEBI has urged the industry to use digital tools for wider access. To help the MF industry, SEBI has undertaken a comprehensive review of the sector’s regulations to ease business operations and introduce flexible scheme design, and recategorize schemes. SEBI feels that innovation and strong governance must go hand in hand, and any missteps would invite regulatory action. Interestingly, AMFI has positioned financial well-being — not just access—as the next frontier. However, AMFI lamented the fact that even though 33% of household disposable income is saved, 66% goes into gold and real estate and only 34% into financial assets. And mutual funds form a small portion of this, though their share of bank deposit equivalents has risen from 10% to 32%. India’s AUM-to-GDP ratio stands at 20%, compared to 65% globally and over 100% in developed markets. To deepen penetration, AMFI is expanding financial literacy drives in various states. Despite 80% general literacy, financial literacy remains at only 27%. This is the gap AMFI aims to close. (By Tanya Bagchi)

Tamil Film Superhero Dhanush’s 51^st Film ‘Kubera’ Hit By Piracy

Tamil film’s popular hero Dhanush is an extraordinary artist. He has carved out a unique niche for himself in the last 25 years. He has come a long way … Oh yes, he did have a leg-up, having married the superstar Rajnikanth’s daughter Aishwaraya. But that tenuous tie too broke up. Recently he crossed another milestone with Kubera – it was his 51^st film. His film graph carries several hits, some near misses but never total failures. His latest Kubera has a stupendous starcast …Rashmika Mandana as a leading lady, Telugu super star Nagarjuna, Bollywood’s Jim Serb to name a few. But it is Telugu director Sekar Kammula , who has attracted much attention. Dhanush was in the cinema with his son, director Kammula and other crew for the first day first show, humbly accepting his fans’ roaring admiration. Popular stars Sai Pallavi and Kartik Subburaj complimented Dhanush on his performance.  Sai Pallavi wrote on X that the most complicated roles bring out the best in Dhanush. But sadly enough, just two days of Kubera’s release in Tamil, Telugu and Hindi, news of its pirated release on the net hit them all where it hurt. (By Padma Ramnath)

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