Citi Financial News

06.12 / 17:25

Citi Target Booking CEO Citigroup performer reorganization Citigroup reorganization to be completed in first quarter, cost $1 billion

By Tatiana Bautzer and Niket Nishant

06.12 / 17:25

Citi Booking CEO Airlines President travelers International 2024 Delta leans on international travel boom to predict strong start to 2024

By Shivansh Tiwary

06.12 / 17:13

Citi Provident BLOCK President travelers Traffic NOT Cargo ship breaks down in Egypt's Suez Canal and crashes into a bridge. Traffic is not disrupted

Egyptian authorities say a cargo ship broke down in the Suez Canal and crashes into a bridge over the crucial waterway

06.12 / 12:21

Citi Target Waters Align Parke country voice India building world’s largest renewable energy project in salt deserts bordering Pakistan

KHAVDA: Rising from the bare expanse of the large salt desert that separates India from Pakistan is what will likely be the world's largest renewable energy project when completed three years from now. The solar and wind energy project will be so big that it will be visible from space, according to developers of what is called the Khavda renewable energy park, named after the village nearest to the project site. At the site, thousands of laborers install pillars on which solar panels will be mounted.

06.12 / 11:59

Citi Provident Uncharted show innovations reports BRC-20 Tokens Exceed $110M 24hr Trading Volume on Gate.io

Dec. 6th Panama Panama City – The latest market data from Gate.io, a leading crypto exchange and Web3 innovator, shows that daily BRC-20 trading volume peaked at $116 million, with assets such as $ORDI and $PIZABRC increasing 17% and 245%, respectively. In addition, the exchange announced that BRC-20 tokens will now be included in its Proof of Reserves (PoR) reporting, which already has among the most extensive coverage of any exchange.

06.12 / 11:54

Citi CEO economy Nov cover reports Department Credit card spending by Americans is 'losing steam'

Storch Advisers CEO Gerald Storch discusses the retail industry and consumer health on ‘Varney & Co.’

06.12 / 11:45

Citi FIVE Fighting Bill President country prevention New York Could Be the Latest State to Ban Noncompete Agreements

ALBANY, N.Y.—A ban on noncompete agreements could soon be coming to New York—potentially with a carve-out for higher earners. New York Gov. Kathy Hochul is considering whether to sign or veto a bill that would prohibit noncompete agreements, which typically prevent workers from taking a new job or starting a business for a period after leaving an employer.

06.12 / 11:33

Citi Manufacturing Over Rs 5,000 crore subsidy leads to sale of 11.53 lakh EVs under FAME India scheme

electric vehicles until December 1, 2023, as part of the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) Scheme, said Minister of State for Heavy Industries Krishan Pal Gurjar, in a reply in the Lok Sabha. The FAME India Phase II Scheme, which started on April 1, 2019, with a budgetary support of Rs 10,000 crore for a five-year period, is designed to boost the electrification of public and shared transportation. Under this initiative, the government aims to support the adoption of 7090 eBuses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars, and 10 lakh e-2 Wheelers. The scheme also facilitates the creation of charging infrastructure.

06.12 / 09:53

Citi Citizens Fighting Parke country Department Indigenous community haunted by U.S., Canadian military presence in Japan

The presence of U.S. military bases on the Japanese island of Okinawa, regularly used by Canadian Armed Forces members, is coming under criticism from locals who are Indigenous to those lands.

06.12 / 09:25

Citi reports BJP has no moral right to talk about 'Brand Bengaluru': CM Siddaramaiah

Karnataka Chief Minister Siddaramaiah on Wednesday hit out at the opposition BJP questioning the contribution of the party in taking up development works in Bengaluru when its government was in power for four years in the state. His comments came in response to the BJP's accusation that no development work was taking place in Bengaluru, the state capital. «We came just six months ago.

06.12 / 09:25

Citi FIVE reports 17 of Chhattisgarh's newly elected 90 MLAs face criminal cases

Chhattisgarh assembly have declared criminal cases against themselves, with six facing serious charges like voluntarily causing hurt and criminal intimidation. The BJP swept the Chhattisgarh assembly polls, winning 54 seats.

06.12 / 09:07

Citi Provident Mobile Audi information reports Department Support Customers Cyclone Michaung: Maruti, Mahindra, Audi to support cyclone affected customers in Tamil Nadu, Andhra Pradesh

Maruti Suzuki India has collaborated with its dealer partners and made several arrangements at its workshops. The company proactively sent out 7 lakh SMS alerts to its customers as soon as news about the cyclone 'Michaung' was reported. In a statement, it said that even before the cyclone hits, customers could take precautionary measures to protect their cars from potential damage.

06.12 / 09:07

Citi Platform Racing Software country innovations services Rapido launches cab services to race with Uber, Ola

Rapido also aims to expand across India by the middle of 2024, said company’s co-founder Pavan Guntupalli. The aggregator company enjoys 60% market share in bike taxis, Rapido plans to expand its footprint with "the pan-India launch of Rapido Cabs, introducing an initial fleet of 1 lakh vehicles," as per the release.

06.12 / 09:07

Citi Provident Manufacturing Mobile WhatsApp country cover Hero MotoCorp partners with Ather Energy for interoperable fast-charging network

Hero MotoCorp, the world’s largest two-wheeler manufacturer, has partnered with electric vehicle (EV) manufacturer Ather Energy for an interoperable fast-charging network in India. Through this collaboration, EV users will be able to seamlessly use both VIDA and Ather Grids across the country.

06.12 / 09:07

Citi FIVE economy performer country reports What’s fuelling oil marketing companies' stocks?

Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL) and Indian Oil Corp Ltd (IOCL). Investors are excited about the subdued outlook for crude-oil prices and expectations of a strong December quarter on the back strong marketing margins even as refining margins have softened sequentially. Prices of Brent crude have dropped from a recent high of around $95 a barrel in September and are now hovering around $77.

06.12 / 08:55

Citi Citizens Waters Death Inside social reports Cyclone Michaung aftermath: Parts of Chennai suffer from inundation, relief work expedited

Another day's holiday was declared for schools and colleges in Chennai on December 7. The cyclone-triggered heavy rainfall had led to inundation in localities including Velachery and Tambaram. On Wednesday too, people were seen leaving their homes in the areas surrounded with water to safer zones, carrying their children and wading through the stagnant water.

06.12 / 07:25

Citi Booking WhatsApp Experts reports recommendations share price week Angel One share price spikes over 10% to 52-week high on upbeat monthly business update

Angel One share price spiked over 10% to hit a 52-week high on Wednesday after the stock broking company posted an upbeat monthly business update registering a sharp 51% year-on-year (YoY) rise in its client base during November. Angel One shares rallied as much as 10.33% to a fresh 52-week high of ₹3,246.00 apiece on the BSE. In a regulatory filing, Angel One reported a 51.3% YoY increase in its client base at 1.85 crore in November 2023 from 1.22 crore in the same month last year.

06.12 / 07:19

Citi Target economy Pool Remark Southern reports BOJ's deputy governor highlights benefits of ending ultra-easy policy

By Leika Kihara and Takahiko Wada

06.12 / 07:13

Citi CEO Remark show beautiful electronic exclusive Saw 36% increase in orders during Black Friday with Bihar, Punjab and Meghalaya as top contributors

GoKwik said the Black Friday weekend saw a 36% increase in orders with gross merchandise value surging 57% increase on its network. Beauty and cosmetics saw a 2.5 times surge in orders followed by home decor 94.9%, electronics at 62.5%, health and nutrition by 61% and fashion at 41%.

06.12 / 06:47

Citi Target Gap Experts reports recommendations share price JTL Industries share price: Axis Securities sees 30% upside after 30% rally in YTD

stock market, JTL Industries share price is under sell off pressure. JTL Industries share price today opened with a downside gap and went on to hit intraday low of ₹195 apiece on NSE. But, the stock witnessed buying at lower levels and regained ₹200 levels soon.

06.12 / 06:47

Citi Citizens Action DiRT cover reports ‘Karachi banana chahte ho?’ Rajasthan BJP MLA's crackdown on non-veg shops goes viral | Watch

Rajasthan Bandh today: Markets shut, protests erupt over Karni Sena chief Sukhdev Singh Gogamedi's murder In the video, Acharya told police officials to shut all non-veg stalls on the streets. Speaking to an officer, Acharya on a phone call said, “All the non-veg stalls on the streets should vanish with immediate effect. I will take a report from you in the evening.

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