Citi Financial News

Uttar Pradesh Metro Rail Corporation is going the extra mile to connect with the people and explore sources of added revenue. Officials of UPMRC claimed that the «celebration on wheels» idea has received a very good response from riders of both Lucknow Metro and Kanpur Metro. The Uttar Pradesh Metro Rail Corporation received an 'Award of Excellence in Public Transport' in the 'Metro Rail with Best Passenger Services and Satisfaction' category for Lucknow Metro on the concluding day of the Urban Mobility India (UMI) Conference 2023 in New Delhi on Sunday.

Mumbai: Blackstone Group Inc. has acquired controlling interests in Care Hospitals and Kims Health in a multi-layered deal valued at $1 billion, marking the private equity giant's maiden foray into India's healthcare sector. The New York-based firm secured roughly a 75% stake in Care Hospitals from Evercare Health Fund, an arm of TPG, for around $700 million, said a persom familiar with the transaction, requesting anonymity.

Some lower courts have divined in the First Amendment’s penumbra a right to follow politicians on social media. On Tuesday the Supreme Court will consider whether the Constitution bars public officials from blocking constituents on their personal accounts (O’Connor-Ratcliff v. Garnier and Lindke v.

By M. Sriram

Bell Rock Capital Management has almost halved its investment in Whitehaven Coal just days after successfully pushing for a protest vote against the company in response to its plan to buy two major mines.

Lodha, listed at Macrotech Developers, is set to exceed its full year guidance of Rs 17,500 crore worth Gross Development Value (GDV) for new project additions in the current financial year, said a top company official. The company has already added projects with development value of Rs 14,300 crore or over 80% of its full year guidance in the first half of the financial year and expects to surpass the guidance soon, Abhishek Lodha, MD & CEO, Macrotech Developers, told ET. “Given how much we have already achieved in the first half and the pace of new project additions and strengthening the pipeline of business development opportunities, we are well on our way to exceed our full-year guidance,” Lodha said. The company will continue to operate with its ‘supermarket’ strategy that involves undertaking a development every 3-5 kilometres across key core property markets including Mumbai and Pune. “The ‘supermarket’ strategy is part of our diversification. We believe that Indian homebuyers typically do not shift beyond 3-5 kilometres away from where they currently live.

Cloud kitchen startup Curefoods closed the acquisition of foodtech company Yumlane and its proprietary technology on Monday. The acquisition will enable Yumlane to leverage Curefoods’ network to enhance its proprietary pizza technology. Even prior to the acquisition, Curefoods was an investor in Yumlane alongside Orios Venture Partners, and angel investors such as Flipkart founder Binny Bansal and Shaadi.com founder Anupam Mittal.

Live Law. However, the highest court directed that the trial should be finished within six to eight months; and if it drags on slowly, the AAP leader will be entitled to apply for bail again within three months, as reported by Live Law.

Narendra Modi is embracing a liberalization and globalization growth model. While investors are aware of India’s ambitious targets for growth, exports and consumption, they may be less aware of the commitment to innovation and liberalization required to achieve these targets, it stated. These, as per the report, include: 1.

AQI reading of 325, compared to the previous day's 304. This increase was attributed to persistent pollution, particularly from stubble burning in Punjab, which surpassed 1,000 incidents for the first time this season, according to remote sensing data. Despite the Punjab government's commitment to making certain districts stubble burning-free, such incidents were reported.

turban does not mean terrorism but symbolises faith, New York City Mayor Eric Adams said, as he described the recent attacks and hate crimes against the community as a “stain” on the country and vowed to protect its members. He also gave a clarion call for educating people about Sikhism. “You are not about terror; you are about protector. That is what needs to be taught throughout this entire city.

Instagram followers, three young men from Gurugram landed in hot water. Their escapade involved recording a car stunt video on the bustling Golf Course Road, causing a significant traffic disruption.

Former Kansas City Federal Reserve Bank president and CEO Thomas Hoenig joins 'Maria Bartiromo's Wall Street' to discuss the Federal Reserve's next move.

Hindustan Unilever's managing director Rohit Jawa has told ET that the Centre's progressive and reformer mindset, manifest in New Delhi's economy-anchored policy thrust and commentary, should bring 'considerable' overseas funds into India — a demonstrated growth outlier in an inflation-ravaged world struggling to come to grips with geopolitical uncertainties. «The Indian economy is unstoppable because of the sheer demographics of a billion people of working age,» Jawa said in his first media interview after taking over the top job at India's biggest consumer-goods company in June. «At this point of time in geopolitics, India is sweetly positioned. So, that does mean there will be considerable foreign investment coming in.»

World Cup 2023 match at Maharashtra Cricket Association Stadium, Pune. Afghanistan vs Sri Lanka Pune ODI is a day-night match and will start at 2 PM. It would be the sixth match of both teams in the ICC ODI World Cup 2023.

The Russian FSB, the nation’s intelligence service, has charged a man suspected of donating crypto to Ukraine’s military with high treason.

Matthew Perry’s iconic performance on “Friends” may forever link him with New York City, but the actor behind Chandler Bing described himself as half Canadian and had deep ties to some of the biggest names in Canadian politics.

By Jose Devasia, Maria Ponnezhath and Chris Thomas

By Josue Decavele

By Stella Qiu

Alexis Augier has done it all. Sincegraduating from Spanish business school in Esade in 2016, he's been an analyst at Goldman Sachs' investment bank, a private equity associate at KKR, an 'investment professional' at hedge fund Elliott Asset Management, and founded a successful start-up.