Citi Financial News

04.12 / 13:27
Citi Digital Platform Fighting Southern show information Byju’s founder Byju Raveendran pledges homes to raise funds for staff salaries
Byju Raveendran, the eponymous founder of Indian edtech titan Byju’s, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch, according to people familiar with the matter. Two homes owned by the former billionaire’s family in Bengaluru, in southern India, and his under-construction villa in Epsilon — a plush gated community in the city — were offered as collateral to borrow $12 million, the people said, asking not to be named as the information is not public. The startup used the funds to pay salaries to 15,000 employees in Byju’s parent firm, Think & Learn Pvt., on Monday, they said.
04.12 / 13:13
Citi Provident Landmark TikTok information Leak GTA 6 gameplay leak: TikTok user unveils potential sneak peek into Vice City-like urban landscape
TikTok. The user "azzarossi" showcased what is claimed to be actual gameplay footage and provided fascinating insights into the game's map. As the official GTA 6 unveiling approaches in a matter of days, this leak has sparked excitement and speculation among the gaming community.
04.12 / 13:13
Citi Digital Platform Fighting Southern show information Byju’s founder pledges homes to raise funds for staff salaries
Byju Raveendran, the eponymous founder of Indian edtech titan Byju’s, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch, according to people familiar with the matter. Two homes owned by the former billionaire’s family in Bengaluru, in southern India, and his under-construction villa in Epsilon — a plush gated community in the city — were offered as collateral to borrow $12 million, the people said, asking not to be named as the information is not public. The startup used the funds to pay salaries to 15,000 employees in Byju’s parent firm, Think & Learn Pvt., on Monday, they said.
04.12 / 12:33
Citi Booking Aware CEO Adventure reports travelers 2024 Over 40% of Indians to increase spending on travel in 2024: Report
New Year's Eve and Christmas Eve, about 48 per cent of Indians plan on increasing their travel budget in 2024, according to a report by ACKO in collaboration with YouGov Travel. About 60 per cent of Indians are set to travel to international destinations this year.
04.12 / 11:33
Citi Southern show reports Department evacuation Cyclone Michaung news: Heavy rains pound southern India, paralyses Tamil Nadu, Andhra Pradesh | Video
Cyclone Michaung News: As heavy rains batter the southern state of Tamil Nadu, coupled with strong winds, the southern and eastern coastline of India and the states attached to it were put on high alert. Several areas in Tamil Nadu were severely water-logged and therefore shutdown.
04.12 / 10:29
Citi Provident Manufacturing economy Metro Highways stake Ashish Kacholia-led investors buy 10% stake in RDC Concrete
Accel Partners, Evolvence India, Sistema Asia Fund, Foundamental Gmbh and Nexus Venture Partners as its other investors. In June 2022, the company raised $50 million in growth capital from Liquidity Group’s MARS Unicorn Fund, valuing it at $2.5 billion. Founded by Souvik Sengupta and Aaditya Sharda in 2016, Infra.Market uses technology to provide a procurement experience for players in the construction ecosystem.
04.12 / 10:03
Citi Target Racing Death hospital reports evacuation Israel orders mass evacuations as it widens offensive; Palestinians are running out of places to go
Khan Younis, where tens of thousands of displaced Palestinians have sought refuge in recent weeks, as it widened its ground offensive and bombarded targets across the Gaza Strip. The expanded offensive, following the collapse of a weeklong cease-fire, is aimed at eliminating Gaza's Hamas rulers, whose Oct. 7 attack into Israel triggered the deadliest Israeli-Palestinian violence in decades.
04.12 / 10:03
Citi BAY Death show travelers Taylor Swift is in Green Bay for her beau Travis Kelce's Chiefs vs. Packers game
Taylor Swift was spotted Sunday night traveling to Lambeau Field with friend Brittany Mahomes to support boyfriend Travis Kelce during the Kansas City Chiefs game against the Green Bay Packers. The 12-time Grammy winner, dressed in all-black, complete with knee-high leather boots and a long, crimson coat, cheered on the other team. She wore her trademark red lipstick, of course. Taylor Swift, who was busy with her international Eras Tour, hasn't been able to make it to the last four games despite being something of a fixture at her beau's early-season games. She was expected to attend her boyfriend’s game which happened on November 20, but she needed to cancel due to bad weather in Brazil that resulted in the death of a fan. Taylor Swift after that went straight to Kansas City to be with him following her final show in Brazil on Sunday night.
04.12 / 09:25
Citi Target CEO Strategy economy country social Govt to run pilot for growth hubs programme in four cities: MoS Rao Inderjit Singh
Varanasi, Surat and Visakhapatnam for running its pilot project under the Growth Hubs programme, minister of state for planning Rao Inderjit Singh said in response to a question in Rajya Sabha on Monday. “The Growth Hubs programme is an initiative to develop city regions in a planned manner in order to achieve the economic target of making India a $30 trillion economy by 2047 under its Viksit Bharat plan,” he said. “The Growth Hubs programme aims to develop a template for devising economic growth strategy for identified city regions across the country and prepare a roadmap for achieving the same which inter alia includes identification of key growth drivers, enablers and interventions,” he added. According to the minister, the city regions have been defined as a group of districts which are economically and socially adjacent, related, or co-dependent and the cities have been selected based on the criteria of geographic spread, size and scale. “Given the scale of the project, an institutional mechanism has been put in place wherein a National Steering committee chaired by CEO, NITI Aayog has been set-up involving officials from ministry of housing and urban affairs (MoHUA) and domain experts,” he said. “In addition, each state (Andhra Pradesh, Gujarat, Maharashtra and Uttar Pradesh) has constituted a steering committee for strategic interventions and overall monitoring under the chairmanship of chief secretary,” he said, adding that states have also constituted designated cells for operational matters. “A statement of intent has been signed by NITI Aayog with Institute of Sustainability, Employment and Growth ( ISEG ) Foundation and World Resources Institute (WRI) India for the project,” he said. Commenting on the
04.12 / 09:25
Citi Reuters Waters Platform social Department evacuation Cyclone Michaung: Chennai airport shuts operations till 11 pm
Chennai airport on Monday announced that it has shut its operations till 11 pm ahead of Cyclone Michaung that is expected to make landfall in the next 24 hours, causing torrential rains. "Airfield closed for arrival and departure operations till 2300 hrs IST today due to severe weather conditions," said Chennai airport on social media platform X. 33 flights have been diverted from Chennai to Bengaluru at the airport due to heavy rain and strong wind since midnight. The heavy rain has led to severe waterlogging across the city and other parts of the state.
04.12 / 08:40
Citi Man Death Patrick Inside hospital Department Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
A man killed four family members, including two children, at their Queens home in New York City and stabbed two police officers who then shot him to death
04.12 / 08:40
Citi President Latin reports Mexico's minimum wage will rise by 20% next year, to about $14.25 per day
Mexico's president says its minimum wage will rise by 20% in 2024, to the equivalent of about $14.25 per day
04.12 / 08:39
Citi Provident Bill Experts country social prevention Lacking counselors, US schools turn to the booming business of online therapy
As schools across the U.S. grapple with the student mental health crisis, the use of telehealth therapy for students has skyrocketed
04.12 / 08:39
Citi Provident Mobile Parke Barrett country reports Chicago and other northern US cities scramble to house migrants with coldest weather just ahead
Chicago is scrambling to house hundreds of asylum-seekers who are still sheltering on sidewalks, at police stations and at the city’s busiest airport as the cold weather sets in and with winter just around the corner
04.12 / 07:45
Citi Celebrity show voice song information Jewish community in Moncton, N.B. ‘hurt profoundly’ as Menorah won’t be displayed at city hall
Moncton’s Jewish community is voicing their discontent with the city’s mayor after they were told a menorah will not be displayed outside city hall during Hannukah, an annual tradition that’s occurred for the past 20 years.
04.12 / 07:29
Citi Booking Man Waters Healthcare beautiful exclusive Updates Cost of Living Live Updates Dec 4: Fuel prices steady. Check your city here
Cost of Living LIVE December 4: The cost of living is basically the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.
04.12 / 07:15
Citi CBDC Target Digital reports Digital Ruble Will Spark Russia’s ‘Biggest Monetary Reforms Since the 1990s’
The launch of the Russian digital ruble will trigger the nation’s “largest monetary reforms since the 1990s,” a media report has claimed.
04.12 / 06:43
Citi Waters BAY reports prevention Updates Cyclone Michaung Live Updates: Heavy downpour in Chennai causes disruption to normal life
Catch all the LIVE Updates on Cyclone Michaung hereCyclone Michaung live: As Cyclone Michaung approaches towards the North Tamil Nadu coast, several areas of Chennai were left inundated due to heavy rainfall and severe waterlogging. The rainwater accumulated to the extent that the vehicles were completely submerged in water.
04.12 / 06:23
Citi IPO Manufacturing Remark performer information reports IPO market booms as blockbuster listings draw investors to newly listed stocks
Indian primary markets in 2023. In the initial months, we saw a muted atmosphere, but as time unfolded, so did the narratives. In recent months, the number of IPO listings has surged remarkably.
04.12 / 05:13
Citi reports Department Delhi air quality improves following rain, to remain ‘very poor’ for the next few days
Indian Meteorological Department (IMD). The IMD predicted predicted dense fog in the city from December 5 to 9.
04.12 / 02:57
Citi Waves Man Southern Inside hospital evacuation Earthquake of 6.9 magnitude jolts Philippines today; 3rd quake in two days
Earthquake today: Massive quake of 7.6 magnitude strikes Mindanao in Philippines At least two people were killed and several were injured after Saturday's quake, according to AFP news agency. Saturday's quake triggered tsunami warnings across the Pacific region and sent residents along the east coast of Mindanao fleeing buildings, evacuating a hospital, and seeking higher ground.

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