City Chennai Financial News

12.06 / 01:43

Citi FIVE Entertainment Food wellness performer social Why developers are shopping for offline retail

Mint explains why: Organized retail space completion will see a significant surge and add nearly 45 million sq. ft between 2024 and 2028-end in the top seven cities. The new addition of space will happen through 88 new retail developments, including shopping malls and large, integrated retail-led projects, according to estimates by JLL India.

11.06 / 05:21

COST Citi economy Trade country Gold and silver prices today on 11-06-2024: Check latest rates in your city

gold in the last one week has been 0.27% whereas in the last month it has been 0.14%.The cost of silver is Rs.89110.0 per kg down by Rs.1610.0 per kg. Gold Price Today in Delhi is ₹73027.0/10 grams. Yesterday’s Gold Price on 10-06-2024 was ₹73998.0/10 grams.

10.06 / 13:11

Cooper Progressive Aware security Universities information peace US and India strengthen military ties, eye deeper collaboration

US-India military partnership amidst evolving security challenges in the Indo-Pacific region. The 'Partners in Progress' symposium in Bengaluru featured Assistant Chief of Indian Naval Staff Rear Admiral Nirbhay Bapna, who praised the comprehensive global strategic partnership between the two nations. According to a TOI report authored by Chethan Kumar, he emphasized their shared commitment to a peaceful and prosperous Indo-Pacific through enhanced information sharing and maritime domain awareness.

10.06 / 11:15

CEO Software Enterprise Cycling performer reports Schools Bootstrapped SaaS startup Kissflow culls 11% workforce

Kissflow on Monday said it has let go of about 45, or 11%, of its employees as part of an organisation-wide restructuring.

10.06 / 11:13

UPS Citi Digital Enterprise Metro trends show The spoilers that lie ahead: What ails India’s rosy growth story

Rural consumption was hit by inflation and low wage growth, and it was the urban consumers who kept the spending ship afloat. No wonder, the Reserve Bank of India’s consumer confidence index is back at pre-pandemic levels: it is based on an urban survey. But digging deeper into the data made some fault lines apparent.

10.06 / 10:45

markets UPS Aviat Airlines Strategy International Modi 3.0 may increase quota for foreign flights

Air India chief executive officer and managing director Campbell Wilsonsaid at the CAPA India aviation summit. Sensing an opportunity, several foreign airlines have firmed up plans to approach the government with their requests. “Today we have not exhausted the bilaterals, in terms of number of seats per week but we have hit the limit in terms of number of stations," Sanjiv Kapoor, executive vice-president, strategies of the Saudia Group told Mint.

10.06 / 05:25

COST Citi economy Trade country Gold and silver prices today on 10-06-2024: Check latest rates in your city

gold in the last one week has been -1.06%. Whereas in the last month it has been -0.25%.The cost of silver is Rs.90720.0 per kg Gold Price Today in Delhi is ₹73567.0/10 grams. Yesterday’s Gold Price on 09-06-2024 was ₹74286.0/10 grams.

09.06 / 06:01

COST Citi economy Trade country Gold and silver prices today on 09-06-2024: Check latest rates in your city

gold in the last one week has been -1.51% whereas in the last month it has been -1.02%.The cost of silver is Rs.90720.0 per kg Gold Price Today in Delhi is ₹73998.0/10 grams. Yesterday’s Gold Price on 08-06-2024 was ₹75085.0/10 grams and last week’s gold price on 03-06-2024 was ₹73948.0/10 grams. Silver Price Today in Delhi is ₹90720.0/Kg.

08.06 / 05:33

COST UPS Citi Trade country Gold and silver prices today on 08-06-2024: Check latest rates in your city

The price change in 24 carat gold in the last one week has been 1.5% .whereas in the last month it has been -0.48%.The cost of silver is Rs.90720.0 per kg up by Rs.40.0 per kg. Gold Price Today in Delhi is ₹74286.0/10 grams. Yesterday’s Gold Price on 07-06-2024 was ₹73570.0/10 grams.

07.06 / 05:47

COST UPS Citi Trade country Gold and silver prices today on 07-06-2024: Check latest rates in your city

gold in the last one week has been 0.44% .whereas in the last month it has been -1.22%.The cost of silver is Rs.90680.0 per kg up by Rs.1970.0 per kg. Gold Price Today in Delhi is ₹75085.0/10 grams. Yesterday’s Gold Price on 06-06-2024 was ₹74200.0/10 grams.

06.06 / 16:39

markets Manufacturing wellness President stage electronic hospital Canon in talks with Indian, global players to supply chip making machine

Canon is in talks with Indian and global players for its semiconductor lithography equipment, which is the most crucial machinery required in chip fabrication, and shall compete with global leaders like ASML in the space.

06.06 / 14:29

markets UPS Citi Analysis Remark reports Unsold housing stock up 24 per cent in top 7 cities, builders need 22 months to sell: Report

major cities have risen by 24 per cent since 2019 due to higher supply, but realty firms will take 31 per cent less time to sell these units because of high sales velocity, according to JLL India. In a report released on Thursday, real estate consultant JLL India said the actively selling unsold housing inventory has reached about 4,68,000 units by March 2024, a 24 per cent increase since December 2019, across seven major cities — Delhi-NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata.

06.06 / 12:53

markets BLOCK Action Schools Courts rights NCLAT dismisses appeal by investors against Byju’s

National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by a group of foreign investors of Byju’s seeking intervention in the ongoing case between the two parties in the National Company Law Tribunal (NCLT), the edtech company said in a statement.

06.06 / 06:19

markets security Software Enterprise Features Updates Relationships Zoho rolls out AI-powered customer management features amid slowing growth

AUSTIN-TEXAS:Chennai-based Zoho Corp. has overhauled one of its key revenue generators, its customer management software Zoho CRM, amid slowing growth in the enterprise tech company’s key US market.The updates include the integration of AI-powered customer relationship management (CRM) analytics and support for businesses to use open-source AI models.Zoho’s global growth has slowed despite it reaching an annual revenue run-rate of $1 billion in November, chief executive Sridhar Vembu told Mint on the sidelines of a company event in Austin, Texas.

06.06 / 05:07

COST UPS Citi Trade country Gold and silver prices today on 06-06-2024: Check latest rates in your city

The price change in 24 carat gold in the last one week has been 0.47% .whereas in the last month it has been 0.43%.The cost of silver is Rs.88710.0 per kg down by Rs.220.0 per kg. Gold Price Today in Delhi is ₹73570.0/10 grams. Yesterday’s Gold Price on 05-06-2024 was ₹73499.0/10 grams.

04.06 / 17:53

economy Election Research President DAL social INDIA heat wilts lotus, coalition saves the day

NEW DELHI , CHENNAI : New Delhi: Mandate 2024 marked the return of coalition politics to India after a decade of absolute majority, requiring respect for the wishes of smaller allies and raising the prospect of slower economic reforms. Prime Minister Narendra Modi-led Bharatiya Janata Party (BJP) saw its seat count dip to 240 as per trends late evening—a loss of 63 seats from the 303 it won five years earlier. While BJP is far from a simple majority of 272 seats in the 543-member Lok Sabha, the National Democratic Alliance (NDA) it leads is set to cross the half-way mark.

04.06 / 16:09

Election wellness Justice performer social stars DMK's turns '40 out of 40' poll pitch into reality in Tamil Nadu, Puducherry

constituencies are ours and the nation as well,' is blossoming into a reality with the Dravidian party and its allies set for a spectacular win in all of Tamil Nadu's 39 segments and in the lone Puducherry seat. Candidates belonging to the DMK and its allies including star nominee Kanimozhi won by huge margins in constituencies where results have been declared and going by the unassailable margins, all other candidates of the Dravidian party and allies Congress, CPI, CPI(M), VCK, MDMK and IUML are all sure to emerge victorious including Dayanidhi Maran (Central Chennai) and T R Baalu (Sriperumbudur).

04.06 / 10:37

markets UPS Provident Manufacturing Sustainability Enterprise Brigade Enterprises gears up for FY25 with thrust on commercial segment

₹6,012.5 crore. New launches and sustaining sales momentum in ongoing projects translated into highest ever collections of ₹5,915.1 crore in FY24. The outlook for FY25 is also upbeat.

04.06 / 07:51

Citi Progressive Analysis Metro Election show Lok Sabha Election: BJP leading in India’s metros, set to increase vote share

India’s urban centres, seen as hubs of progress, often appear to take on a prime role in shaping the political discourse. Voting numbers at around 10.45 am in 30 select constituencies across six metro cities show that Narendra Modi’s Bharatiya Janata Party (BJP) has increased its vote share to 44.4% in the current Lok Sabha election, from nearly 39% in the 2019 election and 32% in 2014. Congress’ vote share in these constituencies has also increased, from 17.8% in the previous national election to nearly 21% as of the latest data.

04.06 / 06:49

Citi Provident Mobile Highways Death reports Traffic Double trouble: Road mobility in India is both unsustainable and unjust

That India has made impressive strides in expanding its road infrastructure is undeniable and very visible. Going by historical metrics, one can also possibly justify this expansion. After all, India has a mere 5.13km of road length per 1,000 people, against more than 20km in the US.

04.06 / 04:51

security Election trends show TN Election Results 2024: Early trends show DMK ahead in 38 seats; Annamalai trails in Coimbatore

Tamil Nadu Election Results 2024: The counting of votes is underway in Tamil Nadu for the Lok Sabha polls conducted in the state in a single phase on April 19 to elect 39 members in the Parliament. There are 950 candidates across 39 constituencies.Of the 39 total seats in Tamil Nadu, DMK is ahead in 38 seats while the NDA ally PMK is leading in one - Dharmapuri, says Indian Express. As per early trends, K Annamalai is trailing in Coimbatore.

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