Citi Financial News
10.01 / 10:13
Citi
Manufacturing
NVIDIA
track
innovations
Updates
International
Vibrant Gujarat Summit sees billion-dollar pledges: From Tata's semiconductor fab to new Maruti plant, here are details
₹2 trillion ($24 billion) to boost green energy initiatives in Gujarat, adding to the flurry of multi-billion pledges made at the event. Additionally, Maruti Suzuki, Simmtech, and DP World revealed their respective investment plans, highlighting Gujarat's growing stature as an investment hub. Track Live Updates | Vibrant Gujarat Summit LIVE Updates: PM Modi says India's port infrastructure secures new investments from UAE companies Tata Group Chairman N Chandrasekaran revealed plans to build a large semiconductor fabrication facility (fab) in Gujarat's Dholera.
10.01 / 09:48
markets
Citi
Provident
cover
information
Updates
Interviews
2024
IB ACIO Admit Card 2024: Exam centres, dates announced at mha.gov.in. Check details here
IB ACIO Admit Card 2024: In a latest update for IB ACIO aspirants, the Ministry of Home Affairs has announced the examination city details for the Assistant Central Intelligence Officer Grade–II/Executive (ACIO-II/Exe) position within the Intelligence Bureau. This crucial information is vital for the candidates as it outlines the cities where the examination for the said position is scheduled to take place. The total number of vacancies available for this position is 995. The Intelligence Bureau (IB) ACIO Exam for Grade 2/Executive is set to occur on January 17th and 18th, 2024. Candidates should expect the release of the IB ACIO Grade 2/Executive Admit Card approximately three days before the examination date. The official website of the Ministry of Home Affairs, www.mha.gov.in, will host the online release of the IB ACIO Admit Card, scheduled to be available by January 14, 2024.
10.01 / 08:45
Citi
Delhi's winter power demand reaches all-time high amid ongoing cold conditions
cold conditions in Delhi further pushed peak winter power demand to an all-time high of 5611 MW on Wednesday morning, discom officials said. As per real-time data of State Load Dispatch Centre (SLDC) Delhi, the peak power demand was 5611 MW at 11.08 AM, they said.
10.01 / 08:28
UPS
Citi
Matrix
Healthcare
Trade
information
F&O stocks: Godrej Properties, BPCL among 5 stocks with short buildup
stocks witnessed a build of fresh short positions. Lets first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not.
10.01 / 08:01
UPS
Citi
Trade
conductor
reports
Department
Tamil Nadu bus strike enters Day 2: Here's why transport workers are protesting
The Hindu has stated that despite the strike, the state Transport Department has said that normal bus services are being run in Chennai city and across the State. Citing a senior official, the report further said that since today morning, the Metropolitan Transport Corporation (MTC) in Chennai operated 3,177 buses which is slightly below its usual 3,233 buses.
10.01 / 07:28
Citi
Cooper
Aviat
Manufacturing
Research
country
medicines
India-Russia defence coop remains unprecedented with full transfer of tech: Denis Alipov
Alipov has claimed that the scope of extensive cooperation in defence remains unprecedented– offering a wide range of combat-tested military hardware and a full transfer of technology. “we are working on joint development and manufacturing of the most sophisticated systems, ensuring a significant contribution to the “Make in India” and “Self-reliant India” initiatives,” Alipov said at a session earlier this week in New Delhi at VIF-Valdai Club.
10.01 / 07:01
UPS
Citi
Target
Enterprise
country
International
Centre
ONGC Videsh sets up global treasury centre at GIFT City
NEW DELHI : ONGC Videsh Ltd has incorporated a wholly owned subsidiary called OVL Overseas IFSC Ltd in Gujarat’s GIFT City that will function as a treasury hub catering to OVL and its 25 subsidiaries, including step-down subsidiaries, across 15 countries. “... OOIL expects to efficiently consolidate funds available with the group in various countries and raise additional funds needed to achieve the ambitious target of producing 40 million metric tonnes oil and oil equivalent (MMToe) by 2040 from overseas assets," ONGC Videsh said in a statement on Wednesday.
10.01 / 06:25
Citi
Platform
Apple
Remark
wellness
reports
prevention
Apple faces new challenge in China, authorities develop breakthrough method for AirDrop surveillance
AirDrop, as stated by the city's judicial bureau in an online announcement. The agency reported that law enforcement has identified several suspects using this technique but did not reveal whether any arrests have been made. “It improves the efficiency and accuracy of case-solving and prevents the spread of inappropriate remarks as well as potential bad influences," said the bureau.
10.01 / 05:13
UPS
Citi
Digital
information
Schools
International
Paytm to invest Rs 100 crore in GIFT City; focus on cross-border payment solutions
Paytm, has announced an investment of Rs 100 crore in Gujarat International Finance Tec-City (GIFT City). The company will make the investment over a period of time and will seek requisite approvals for the same, it informed the exchanges on Wednesday.
10.01 / 04:24
markets
Citi
CEO
innovations
International
Paytm eyes global expansion with ₹100 Crore investment in GIFT City, plans to offer AI-driven cross-border remittance
₹100 crore in Gujarat International Finance Tec-City (GIFT City), aiming to build a global financial ecosystem, on January 10, 2023. This move comes ahead of the Vibrant Gujarat Global Summit 2024 and signifies Paytm's ambition to expand beyond its domestic market, as per an exchange filing. Leveraging GIFT City's infrastructure, Paytm plans to develop faster and cheaper cross-border remittance solutions powered by artificial intelligence.
10.01 / 03:46
Citi
reports
IMD issues ‘Cold Day’ alert in THESE states; Check full weather forecast with trains, flights delay due to dense fog
ANI. Ramendra Kumar said that the visibility at the Bhopal airport was around 800 metres yesterday.
10.01 / 02:43
Citi
Mobile
Highways
Southern
reports
travelers
Traffic
Deadly storms wreak havoc across US, blizzards in Midwest, tornadoes in South, NYC braces for impact
New York City is on high alert as a widespread storm wreaked havoc in the U.S. South, causing significant damage. The region has experienced tornado warnings and high winds, resulting in the displacement of roofs, overturned campers, and scattered furniture in Florida.
10.01 / 02:37
Citi
Fighting
security
War
country
Videos
peace
Ecuador narco bosses escape from prison, President Noboa issues order to ‘neutralize’ gangs in war torn country
Daniel Noboa declared the country to be in a state of "internal armed conflict" after gangsters declared "war" in an escalating security crisis sparked by the prison escape Sunday of one of Ecuador's most powerful narco bosses. Long a peaceful haven sandwiched between top cocaine exporters Colombia and Peru, Ecuador has seen violence explode in recent years as enemy gangs with links to Mexican and Colombian cartels vie for control.
10.01 / 02:31
Citi
security
President
country
social
rock
reports
Ecuador TV broadcast interrupted by armed men as violence rocks country
A live broadcast by Ecuadorean television station TC was interrupted on Tuesday by armed people, with gunshots and yelling heard on a live feed, as President Daniel Noboa issued a decree declaring 22 gangs as terrorist organizations.
10.01 / 01:49
09.01 / 23:50
09.01 / 23:49
Citi
FIVE
Aviat
Aware
Manufacturing
Parke
BURST
Family of British tourist among 5 killed in 2018 Grand Canyon helicopter crash wins $100M settlement
A Nevada judge has approved a $100 million cash settlement to the parents of a 31-year-old British tourist who died in a helicopter crash at the Grand Canyon
09.01 / 23:30
COST
Citi
Provident
Assurant
President
country
social
2024
Joe Oliver: 2024 could be a pivotal year, politically, economically and culturally
The year just beginning could be a watershed, with turning points in politics, economics and culture, provided common sense and moral clarity prevail both here and abroad.
09.01 / 22:43
Citi
Waves
Booking
ICE
Glacier
Research
'2023 among warmest in at least 100k years'
Averaged across last year, temperatures worldwide were 1.48C, higher than they were in the second half of the 19th century, the European Union climate monitor announced Tuesday. That is warmer by a sizable margin than 2016, the previous hottest year. To climate scientists, it comes as no surprise that unabated emissions of greenhouse gases caused global warming to reach new highs.
09.01 / 21:05
UPS
Citi
Aware
Manufacturing
Bill
show
Ola scooters give a lift to group firm's bike taxi business
NEW DELHI : Bhavish Aggarwal-led Ola Electric has sold more than 8,200 scooters to promoter group company ANI Technologies Ltd, which is looking to launch and expand its electric bike taxi service in various Indian cities. Ola Electric, which has filed draft papers for an initial public offering, confirmed the numbers to Mint. However, Ola Electric’s draft papers, filed on 22 December and that cite financials till 30 June, make no mention of the related-party transaction, implying these sales occurred in the six months after June.
09.01 / 20:19
UPS
Citi
FIVE
Diversity
innovations
International
Moving to Gift City? Check office space first
MUMBAI , NEW DELHI : Businesses looking to open shop in Gujarat’s Gift City are struggling for office space, as the demand for real estate has far outstripped supply in the special economic zone (SEZ). Companies are staring at wait times of several months to a few years before new office space opens up for leasing, multiple real estate executives, consultants and business owners said. They also said monthly office rentals have more than doubled from ₹40-50 per square foot two years ago to around ₹90-120 per sq.
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