Citi Financial News

Bengaluru: Awfis, India's largest flexible workspace solutions company in India based on the total number of centres, has expanded its footprint in Bhubaneshwar by opening its third and largest centre in the city, spread across around 100,000 sq. ft. The property is located in Odisha Technology Centre, Anand Bazar and is designed, built and managed by Awfis for two leading Fortune 500 companies specialising in information technology services and consulting. «The size of the new Awfis centre in Bhubaneshwar is a testament to the Tier II growth story and its potential… we are confident that this centre will become a hub for innovation in the city,» said Amit Ramani, chairman of Awfis Space Solutions.

UFC fight night is all set to take place on Saturday at Apex facility in Las Vegas. The main UFC fight card is scheduled to commence from 4 pm (ET). The event can be watched on ESPN+. The big fight of the night will be between Shamil Gaziev and Jairzinho Rozenstruik. Vitor Petrino will take on Tyson Pedro. Alex Perez will fight Muhammad Mokaev.

Despite the recent solid equity performance so far this year, Citi analysts feel the current bubble is not yet overly large in terms of price appreciation, duration, valuation, or sentiment.

Delhi government is providing skills training to more than 1,300 beggars who were identified in a survey conducted before the G20 Summit in the national capital last year, according to the city's Economic Survey. Finance minister Atishi presented the Economic Survey of the city in the Delhi Assembly on Friday. The Department of Social Welfare has been designated with the responsibility of providing skills training to the relocated homeless beggars at the Delhi Urban Shelter Improvement Board (DUSIB)-operated night shelters with a focus on integrating them into mainstream society, the report said. An inter-departmental committee had been established before the G20 summit and was tasked with the responsibility of formulating strategies for the rehabilitation and relocation of beggars, according to the survey.

CorporatEdge (CE), a premium serviced workspace solutions company plans to expand its total footprint by 10x to 1.7 million square feet across major cities over the next 5 years. “CorporatEdge has tapped into the growing demand for flexible workspaces and would deploy over Rs. 300 crore in the next 5 years. The expansion will be spread across 10 cities pan-India and densify presence in the existing cities as well,” said Aashish S Shukla, Managing Director of CorporatEdge. Recently, the firm launched its third facility named ‘Marquee’ in Bengaluru, at the Prestige Trade Tower spread over 29000 sq.ft. The is pegged as a Offitel — Office hotel facility with serviced offices, team offices, private office suites, director cabins and range of F&B offering and has a capacity of 350 workstations.

Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years

Caitlin Clark’s final regular-season home game at Iowa is likely to bring one of the priciest tickets in women’s college basketball history

Data from Brazil's space agency says the state of Roraima in the Amazon rainforest has been hit with more than 2,000 fires in recent weeks

Missouri residents could see a roughly $138 million tax break under legislation intended to offset a surge in local property tax collections caused by higher vehicle values

heavy to very heavy rain, and snow is likely in Jammu-Kashmir, Ladakh, Gilgit, Baltistan, and Muzaffarabad on 1st and 2nd March. The authorities in Kashmir have also extended the winter vacation for valley schools by four days given the forecast of inclement weather. The schools, which were scheduled to reopen after a three-month winter vacation on March 1, would now resume on Monday.

By Greg Bensinger

SAO PAULO (Reuters) — A consortium with Brazilian firm Comporte and a subsidiary of Beijing-based company CRRC was the only bidder and won an auction on Thursday for a 30-year concession to build a railway that would link the cities of Sao Paulo and Campinas.

A billionaire-backed proposal to build an eco-friendly California city from scratch is off to a bumpy start to put their idea before voters this November

Citi is still «wildly bullish» on semiconductor stocks, based on the current demand trends, the firm stated in a note Thursday.

finance ministry said on Thursday. Finance and Corporate Affairs Minister Nirmala Sitharaman chaired a meeting to review the performance of the NaBFID and asked it to introduce a structured partial credit enhancement facility towards deepening bond markets, including for urban local bodies and municipalities. To date, NaBFID has made total sanctions of more than Rs 86,804 crore, with projects spread across the country and in diversified sub-sectors of infrastructure like roads, renewable power, ports, railways, and city gas distribution. Out of the Rs 86,804 crore, 50 per cent has been sanctioned with long tenure of 20 to 50 years.

FSSAI on Thursday said it has awarded 'Eat Right Station' certification to 150 railway stations so far for ensuring safe, hygienic and nutritious food options for passengers. In a statement, the health ministry said, «The Food Safety and Standards Authority of India (FSSAI)'s Eat Right Station initiative is making significant strides in ensuring access to safe and healthy food within these bustling hubs.» Till date, 150 railway stations across the country have been certified as 'Eat Right Stations', ensuring safe, hygienic, and nutritious food options for millions of passengers. The 'Eat Right Station' certification process involves rigorous audits of food vendors, training of food handlers, adherence to strict hygiene and sanitation protocols and efforts to raise awareness among individuals to make informed food choices.

PM Modi launched a range of developmental projects in the state through a video link. "The Indian system of time calculation is the oldest, subtle, pure, error-free, authentic and reliable method in the world. This most reliable system is being re-established in the form of Vikramaditya Vedic Clock in Ujjain," the release said.

Between bridge and tunnel tolls and parking fees, it can already cost a mint to drive a car into Manhattan

Authorities say a mafia member has been sentenced to more than four years in federal prison for his role in a long-running scheme extorting funds from a New York City labor union

The giant meat producer JBS was accused of making misleading claims about its greenhouse gas emission goals to boost sales among environmentally conscious consumers in a lawsuit filed by New York Attorney General Letitia James

Since New York legalized marijuana in 2021, unlicensed pot shops have proliferated across New York City, with limited pushback from authorities