Citi Financial News
05.04 / 15:31
Citi
Remark
performer
reports
Features
Updates
International
Titan Q4 update: Tata Group company posts 17% revenue growth in Q4 FY24, adds 86 stores
Marico stock rises 3% after company reports gradual uptick in Q4 growth Notably, Tanishq expanded its presence by inaugurating new stores in Dubai and Chicago (USA) during the quarter. Within India, out of the 27 new store additions (net), Tanishq accounted for 11, while Mia contributed 16 new stores to the network. The domestic business of Watches & Wearables experienced a solid annual growth of approximately 7%.
05.04 / 15:07
Citi
Waters
CEO
Parke
Justice
reports
cricket
IPL matches in Bengaluru under NGT scanner
water crisis in the city, the National Green Tribunal (NGT) has asked the Karnataka State Cricket Association and other state authorities concerned to furnish details of water being used at the M Chinnaswamy Stadium during the IPL matches here. Apart from the state cricket association, NGT has also asked the Bengaluru Water Supply and Sewerage Board (BWSSB) and Karnataka State Pollution Control Board (KSPCB) to submit the particulars about the quantity and source of the water by May 2. «We are studying the notice, and as such the stadium complies with the NGT norms. So, we are confident of going ahead with the matches,» said Karnataka State Cricket Association (KSCA) CEO Shubendu Ghosh. The Tribunal has taken suo motu cognizance after reports emerged that the Chinnaswamy Stadium has been getting treated water supply for IPL matches.
05.04 / 15:07
UPS
Citi
WhatsApp
Updates
International
Titan Q4 Update: Revenue grows 17% YoY; 36 stores added
Titan's revenue jumped 17% year-on-year in the fourth quarter and 36 stores were added in the same period. The overall store count currently stands at 3,035.
05.04 / 13:21
markets
Citi
Aviat
Airlines
Traffic
International
Destinations
Indian non-metro cities are potential sources of demand: Abu Dhabi airport
Mint in an exclusive interaction. Secondary markets (non-metro cities) are rapidly becoming a very important market size-wise for the growth that these cities are experiencing and these airports are experiencing. "In order to allow us to use our infrastructure more efficiently, we are in talks with airlines to serve those secondary markets.
05.04 / 11:51
UPS
Citi
Target
Telegram
Southern
reports
Russian overnight drone attack damages energy infrastructure in Odesa region
drone attack overnight damaged equipment at energy facilities in Ukraine's southern Odesa region, the national grid company Ukrenergo said on Friday via the Telegram messaging app. Separately, the Ukrainian military said its air defence had shot down four drones used overnight in attacks targeting the region's energy infrastructure. Ukraine's air force said it also shot down nine Russian drones overnight targeting the Zaporizhzhia and Dnipropetrovsk regions. Russia also used two S-300/S-400 missiles and three Iskander-M ballistic missiles in its attack, it said.
05.04 / 11:51
Citi
Target
FIVE
Southern
wellness
reports
Ukraine targets Russian military region in drone barrage
Ukraine fired dozens of drones at Russia's southern Rostov region, home to its army headquarters for the military offensive, in the early hours of Friday, Russian officials said. Russia's defence ministry said it downed 53 Ukrainian drones overnight — 44 over the Rostov region — while the governor said a power station was damaged in the attack. Rostov-on-Don, the capital of the region that sits just across the border from Ukraine, is the command headquarters for Russia's military campaign and home to a swathe of Russian military sites.
05.04 / 11:29
Citi
Waters
Sustainability
Experts
Department
shock
Hyderabad moving towards Bengaluru-like water crisis? Indian Institute of Science study suggests shocking similarities
Comparing the statistics between the two cities, the Indian Institute of Science's latest study underscores a striking resemblance. Over the years, Bengaluru's urban sprawl has surged from a mere 8 per cent in 1973 to a whopping 93.3 per cent in 2023, marking an unprecedented 1055 per cent increase in concrete structures. This unchecked expansion has led to a drastic 79 per cent reduction in water spread area, significantly impacting water availability. Hyderabad's trajectory isn't too far off. Data from the municipal administration and urban development department (MAUD) indicates a substantial surge in commercial and residential built-up areas. Between 2010 and 2014, the city witnessed a growth of 50.7 million square feet (sft) in commercial built-up area, followed by an expansion of 100.4 million sft from 2015 to 2019. Additionally, the built-up residential area saw a surge of over 500 million sft from 2015 to 2021. Although precise current figures are unavailable, experts estimate a surge of 70 per cent to 80 per cent in the last three years.
05.04 / 10:43
05.04 / 07:23
UPS
Citi
Celebrity
performer
exclusive
Features
Honda City, Amaze and Elevate receive discounts up to ₹83,000: Check all offer details
₹83,000. Following closely is the City, boasting benefits of up to ₹71,500, while the Elevate, Honda's SUV offering, presents benefits of up to ₹19,000. Notably, the Celebration Offer on the Elevate extends benefits worth ₹19,000, enhancing its appeal among SUV enthusiasts.
05.04 / 05:45
UPS
Citi
Parke
Trade
Cycling
performer
reports
Reits: Flavour of the month?
investing in real estate? Here’s the story from a book we read a while ago… Otis Booth, an American billionaire newspaper executive and investor, came to Charlie Munger when he was studying law, asking Charlie to handle the sale of some real estate assets. Considering the location that Booth was looking to part with, Munger immediately advised him to keep the property and develop it by building his own apartments. To this, Booth reverted… Charlie, if this is such a good idea, and you’re so sure it will work, why don’t you put up some of the money and join me. I won’t do it without you. What followed was Munger and Booth joining forces and investing around $100,000 to build that property.
05.04 / 05:31
Citi
Waves
Progressive
Waters
Remark
Experts
isolate
Bengaluru water crisis: Expect some relief from next week. Here is IMD's latest prediction
The prospect of welcomed rainfall has elicited optimism among residents. According to IMD, Bengaluru and South Interior Karnataka can expect summer showers starting from the second week of April, continuing with thunderstorms until month-end. A Prasad, a senior scientist at IMD Bengaluru, noted, «The rain may commence on Ugadi with light showers in isolated areas, progressing to moderate rainfall during the latter part of the festive week.» Officials further disclosed that rainfall would be dispersed throughout the city, accompanied by gusty winds and thunderstorms. Although precipitation may not be uniform across Bengaluru, certain areas are anticipated to receive above-average rainfall.
05.04 / 03:07
UPS
Citi
Waters
Death
wellness
reports
Rain levy: The weird-tax hall of fame has a new entrant from Toronto
Taxes and death are two of life’s great certainties, we have always been told. The record of both, however, suggests they could also be great oddities, the kind that make jaws drop in wonder. Take taxation, the less morbid of these two.
05.04 / 02:19
Citi
Election
Bill
President
track
travelers
Virginia's Dulles Airport to be renamed after Donald Trump? Democrats say, 'ridiculous idea'
US Presidential elections: Joe Biden, Donald Trump win Connecticut, NY primaries Former Representative Denver Riggleman said on X that the filing of the bill was no April Fools' joke. "No sane VA rep would support it.
05.04 / 02:13
UPS
Citi
Death
love
Investigations
‘I would have never let him go’: Mother of boy killed by dogs in Edmonton shares grief
Kendrah Wong should be planning her son’s birthday party. He was supposed to turn 12 on May 8. Instead, Wong is preparing a funeral for her only child after he was killed by two large dogs Monday in Edmonton.
05.04 / 00:31
04.04 / 20:30
Citi
economy
pandemic
country
shock
Southeast Asian countries consider ways to boost 'green financing' as region chokes on smog
Senior finance and central bank officials from Southeast Asia and major economies are meeting in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disaster...
04.04 / 20:29
Citi
Parke
trends
Wildlife
travelers
International
mountaineering
Shhh, I’m on vacation. Travelers are on a quest for the quiet
Daily lives are noisier than ever, and many travelers are seeking relief in silence
04.04 / 20:29
UPS
Citi
Aviat
Airlines
reports
Traffic
Investigations
FAA investigating flight that came close to tower at LaGuardia Airport
Federal officials are investigating whether a Southwest Airlines flight veered off course and flew over the air traffic control tower at LaGuardia Airport last month
04.04 / 20:29
Citi
Strategy
show
country
reports
Department
Investigations
DA says he shut down 21 sites stealing millions through crypto scams
Authorities in New York City say they have disrupted an online fraud operation that stole millions of dollars by duping victims into making phony cryptocurrency investments
04.04 / 19:35
Citi
Target
Death
cover
reports
rights
Indian cities and air pollution: It’s time to get into mission mode
₹2,431 crore for all cities on the MCF list. Delhi, Chandigarh and Srinagar, as cities within Union territories, are not covered by the MCF since Finance Commissions prescribe transfers from the Centre only to independently governed states. The Patna Urban Agglomeration (ranked No.
04.04 / 19:15
Citi
MET
Diversity
show
country
actress
hospital
'US filthy and disgusting', says Jimmy Kimmel as he compares loos in Japan to Jennifer Garner's teeth
Japan has "fundamentally altered" his views about the cleanliness in his country as he compared the bathrooms in Japan to the operating rooms in US hospitals. Kimmel said that even bathrooms in Japanese cities are cleaner. After his visit to Japan, Kimmel said he realised that the US, he once thought to be "pretty buttoned-up" despite the scope for development, is actually a "filthy and disgusting country".
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