Citi Financial News

22.01 / 00:19

UPS Citi IPO Provident Target Platform Citigroup Amagi hires Kotak, Citi, IIFL, Goldman to raise up to ₹3,200 cr in IPO

Subscribe to enjoy similar stories. Media technology unicorn Amagi Media Labs has hired Kotak Mahindra Capital, Citigroup, IIFL Capital and Goldman Sachs as investment banks to raise up to ₹3,200 crore in an initial public offering (IPO), two people aware of the matter said. The company, which counts NBC Universal, CBS, USA Today and Japan’s Rakuten Group among its clients, is likely to file draft IPO papers after April, the people said on the condition of anonymity.

21.01 / 23:43

markets Citi Entertainment Sustainability Boxing Experts War Screen Wars: India's multiplexes go slow on expansion amid box office woes

Subscribe to enjoy similar stories. India's multiplex boom may be losing steam. With the box office struggling to deliver consistent hits, especially in the Hindi belt, leading chains are slowing their expansion plans, prioritising sustainability over aggressive growth.

21.01 / 17:25

Citi WhatsApp Trade stars No liquor for Delhiites from Feb 3-5, Feb 8 due to Assembly polls

Delhi government has ordered the closure of liquor shops and other establishments serving alcohol in the city from February 3 to 5, the voting day, and on February 8 when the results would be declared. A gazette notification issued recently by the Delhi excise commissioner declared «dry days» under Excise Rules-2010 for various excise licenses on the day of voting to the 70-member Delhi Assembly and the counting day.

21.01 / 14:51

UPS Citi Waters Research hospital reports travelers Inside the big, fat $30 billion Maha Kumbh economy

Subscribe to enjoy similar stories. Prayagraj: About 40 years ago, Mahavir Singh tasted his first success in business. Just eight years-old, he took his family’s camel to the famous Pushkar fair, near his hometown in Rajasthan.

21.01 / 14:39

markets Citi Strategy Southern reports Texas and Louisiana face blizzards as 43 states freeze over—What you need to know

Texas to Florida and up through the Carolina coast.

21.01 / 07:59

markets Citi Digital Strategy film PAM Traffic Noida: Sudden lane changes in these three areas now attract Rs 1,500 fine; Cameras to monitor violations, issue challans

Noida traffic police will soon implement lane driving rules on three major roads to reduce traffic jams. Drivers who violate lane driving rules will be fined Rs 1,500 in the targeted area. Abrupt lane changes during peak traffic hours contribute significantly to congestion and accidents. Traffic police explain that when one vehicle brakes slightly to change lanes, following vehicles tend to brake more abruptly to avoid collisions. This chain reaction often causes traffic to slow down or come to a standstill. Such sudden lane changes also increase the likelihood of sideswipe and rear-end collisions, a TOI report stated.

21.01 / 05:13

markets UPS Citi Trade President reports travelers Here are 4 ways your finances could change under Trump’s 2nd presidency

Canadians are watching their finances for any impacts as President Donald Trump takes back the reins of government in the United States.

21.01 / 00:11

Citi FIVE CEO Compilation Metro show reports Private bankers ride the swell in the ranks of the wealthy

Subscribe to enjoy similar stories. There never has been a better time than now to manage the wealth of the rich, as the parabolic rally in equities in the post-pandemic era swelled the ranks and bank balances of the extreme rich in both metros and tier-II cities. Private bankers, whose job it is to manage the finances of such wealthy individuals, are ballooning in headcount, and their salaries, too, are skyrocketing as demand shoots through the roof and they jump jobs as well.

20.01 / 18:35

Citi WhatsApp President reports travelers Department Where is Joe Biden headed now?

Joe Biden, the 46th president, departed Washington, DC in a traditional send-off ceremony. The ceremony took place on the east front of the US Capitol. Biden and the former first lady took a final flight on Marine One. The helicopter flew over the capital city.

20.01 / 16:23

markets Citi IPO CEO Platform security reports Smartworks to manage Zepto's new Bengaluru headquarters

Subscribe to enjoy similar stories. Bengaluru: Quick-commerce platform Zepto's new head office in Bengaluru will be managed by Smartworks Coworking Spaces Ltd, a flexible workspace operator, said two people familiar with the matter. Also Read | Zepto to file IPO draft papers by March-April as it transitions to marketplace model The startup, which is shifting base from Mumbai, is expected to move into its new office in April.

20.01 / 14:03

Citi IPO Analysis Trade Experts show Updates Sebi returns draft IPO papers of Anand Rathi Share and Stock Brokers

IPO documents of Anand Rathi Group's brokerage arm Anand Rathi Share and Stock Brokers, which proposed to raise Rs 745 crore through an initial share-sale, an update with the regulator showed on Monday. Anand Rathi had filed the papers for issuing fresh equity. The offer also included reservations for subscriptions by eligible employees, according to the draft red herring prospectus (DRHP). Also, the company planned to mobilise Rs 149 crore through a pre-IPO placement. If the placement is completed, the issue size will be reduced.

20.01 / 14:03

markets Citi Digital Strategy Infinity Experts PAM Is Taylor Swift finally engaged to Travis Kelce? Her diamond infinity ring is sparking rumours as fans go wild

Travis Kelce engagement rumours are being sparked by Taylor Swift's diamond infinity ring. Before the Kansas City Chiefs vs. Houston Texans playoff game, she made her debut wearing the new ring.

20.01 / 11:23

Citi Waves Ball love Celebrity Justice rights From prison vigils to inaugural balls, MAGA comes full circle

Subscribe to enjoy similar stories. WASHINGTON—The last time Rebecca Lavrenz was here she was in a federal courtroom, standing trial for her participation in the insurrection at the U.S. Capitol on Jan.

20.01 / 04:53

UPS Citi community President show country Latin Why Trump sees a Chinese threat at the Panama Canal, and locals don’t

Subscribe to enjoy similar stories. President-elect Donald Trump’s reasons for wanting control of the Panama Canal can be found at either end of the interoceanic waterway. Every day, dozens of cargo ships pass by blue cranes at a port near the Pacific Ocean entrance, the towering skyline of Panama City visible across the horizon.

20.01 / 03:31

Citi Target security Analysis Trade Experts reports Tech Mahindra shares in focus after Q3 PAT jumps 93% YoY. Should you buy, sell, or hold?

Tech Mahindra will remain in focus on Monday, January 20, after the company reported a 93% growth in consolidated net profit for the quarter ended December 31, 2024. The bottom line stood at Rs 983 crore (attributable to shareholders of the company), compared to Rs 510 crore reported in the same period last year.

20.01 / 02:57

UPS Citi Target Analysis Trade Experts performer Wipro shares in focus after Q3 PAT jumps 24% YoY. Should you buy, sell or hold?

Wipro shares will remain in focus after the IT services company reported 24% growth in its consolidated net profit for the quarter ended December 31, 2024, to Rs 3,354 crore, while revenue from operations rose by a marginal 0.5% to Rs 22,319 crore. On a sequential basis, profit after tax (PAT) was up nearly 5% and the revenue increased just 0.1%.

20.01 / 02:57

markets Citi Digital Strategy Experts PAM reports Maharashtra: Stone pelting between two groups occurs in Nandurbar after accident

20.01 / 01:49

markets UPS Citi Dreams Research Experts Waiting for interest rate cuts on home loan to buy your dream house? Here's why a delay may not help

interest rate cut to lower your EMI burden. Months pass and the rate cut finally happens, but the price tag of the property has gone up.

20.01 / 01:49

markets Citi Fighting Southern War gatherings Israel frees 90 Palestinian prisoners as ceasefire takes hold after Hamas returns 3 Israeli hostages

Palestinian prisoners were freed from Israeli custody as the fragile ceasefire between Israel and Hamas took hold following 15 months of war, with mixed emotions and more difficult steps ahead over the next six weeks.

20.01 / 00:45

markets Citi Digital Strategy Metro PAM Sify Sify earmarks $5 billion to expand data hubs, add AI ops and GPUs

Sify Technologies has earmarked $5 billion investment over the next five years to expand data centres, modernise internal systems with AI Ops, acquire GPUs and compete with large data centre and telecom incumbents, Raju Vegesna, its chairman and MD, said in an interview to ET. The company plans to build smaller AI inferencing facilities in 20 tier-II cities as India is expected to be among the largest markets of AI services and inferencing rather than training, Vegesna said who is helming the only Indian company listed on Nasdaq besides Infosys.

19.01 / 19:05

markets Citi Digital Strategy Experts PAM International Phase 1 of Dharavi revamp to kick off

railway land parcel.

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