Citi Financial News
11.10 / 14:49
Citi
Target
Digital
Mobile
stage
information
gatherings
NIA raids 20 places in 6 states in PFI's Phulwari Sharif case; seizes substantial cache of crucial evidence
PFI), the National Investigation Agency (NIA) on Wednesday carried out extensive search operations at twenty different locations in six states in connection with a case linked to Bihar's Phulwari Sharif terror conspiracy case. The Bihar's Phulwari Sharif terror case is being probed by the agency for the last one year. These searches were carried out at premises in various regions, including Fazalpur, Shaheen Bagh, Okhla, and Chandni Chowk in Delhi; Bhopal district in Madhya Pradesh; Thane and Mumbai in Maharashtra; Tonk and Gangapur City districts in Rajasthan; and in the regions of Lucknow, Siddharth Nagar, Sant Ravidas Nagar, Kanpur, and Gorakhpur in Uttar Pradesh. Additionally, searches were conducted in Madurai, Tamil Nadu. These operations were part of an ongoing investigation into cases linked with the PFI, and their involvement in unlawful and anti-national activities. During the searches, a substantial cache of crucial evidence in the ongoing case was found, said the NIA, adding «This evidence includes various digital devices such as laptops, mobile phones, SIM cards, memory cards, pen drives, and hard discs.» «Furthermore, incriminating documents have been recovered during the operations,» the NIA also said. Additionally, the agency further said, a significant amount of Indian currency, with a face value of Rs 8.5 lakhs has been seized in connection with the instant case. The case was initially reregistered at Phulwari Sharif Police Station in Bihar's Patna district on July 12 last year.
11.10 / 14:31
Citi
Digital
CEO
Platform
WhatsApp
country
Lendingkart Partners with Disney+Hotstar as the Digital Streaming Associate Sponsor for the ODI World Cup
Speaking on the association Harshvardhan Lunia, Founder and CEO, Lendingkart, said, “In India, cricket cuts boundaries! We are very excited to be a part of the Cricket World Cup Broadcast on Disney+ Hotstar. Our upcoming brand campaign aims to spotlight the brand's pivotal role in alleviating the financial challenges faced by small businesses across India. The campaign's creative concept illustrates small businesses getting caught in a loop-like struggle caused by bottlenecks in the conventional financing system. Lendingkart's swift, hassle-free, technology-driven solutions are the catalyst that will help MSMEs flourish. The exposure associated with Men's Cricket World Cup will help to deliver the message that small businesses no longer need to be stuck in a loop because of financial challenges and ultimately establish Lendingkart as the MSME Finance Specialist." The sponsorship will be supplemented by on-air ads featuring their brand ambassador Rajkummar Rao who is seen solving the problems of MSMEs in a set of 3 fun-filled films.https://youtu.be/6BseeyqByQchttps://youtu.be/BirRVvWzsBghttps://youtu.be/Rjs1uwCW6jo Since its inception, Lendingkart Group has evaluated millions of applications, disbursing over 2,50,000 loans worth over 15,000 crores in more than 4000+ cities and towns across all states and union territories of India, reaching over 14,500 pin codes, making it the fintech having the largest geographical footprint in the country. The Men’s ODI World Cup kicked off on the 5th of October with the final to be played in Ahmedabad on the 19th of November, all 48 matches will be available for streaming on Disney+Hotstar platform.
11.10 / 13:07
11.10 / 13:07
UPS
Citi
Waves
show
country
voice
Australia’s Plan to Address Colonial Legacy Divides Those It Aims to Help
ALICE SPRINGS, Australia—In Australia’s vast and sparsely populated Northern Territory, the indigenous communities that make up more than a quarter of the population are divided. Australia has long wrestled with the legacy of colonialism and how best to improve the lives of indigenous Australians—who are poorer, less healthy and less educated, and more at risk for domestic violence, suicide and incarceration than other groups.
11.10 / 11:59
UPS
Citi
Man
information
‘I thought it was a dream’: Halifax senior living in tent finds a new home
A Halifax senior who went public with his story about living in a tent last week has found a place to live thanks to the kindness of a stranger.
11.10 / 11:19
UPS
Citi
Provident
CEO
Enterprise
country
reports
acquires
Web Werks-Iron Mountain JV acquires land in Chennai
Werks – Iron Mountain data centres joint venture has acquired a four-acre land in Ambattur, Chennai, to house two new data centers (CHE-1 and CHE-2) to meet growing customer demand in the region. The two data centers will be built to Tier III standards. They will support 36 megawatts of IT load, further enhancing the company’s rapidly growing pan-India footprint, which will support more than 90 megawatts of new development across the key markets of Pune, Bengaluru, Noida, Mumbai and Hyderabad. “As Chennai is one of India’s most important connectivity hubs, we are thrilled to be building capacity to meet hyperscale, network, content, public sector undertakings and enterprise customer demand,” said Mark Kidd, EVP & Global General Manager, Iron Mountain Data Centers & Asset Lifecycle Management. Chennai is emerging as one of India's fastest-growing data center markets due to its strong interconnection with Singapore and the rest of Asia.
11.10 / 07:43
UPS
Citi
Provident
Target
Healthcare
country
Tata Capital’s healthcare arm invests $10 million in Apex Kidney Care
₹83.3 crore) in a mix of primary and secondary investment as part of its funding round from Tata Capital Healthcare Fund, the healthcare-focused arm of private equity firm Tata Capital Ltd. The Mumbai-based healthcare chain will use the fresh money to expand its dialysis services across the country. Notably, this is the second transaction in the nephrology space in the last month.
11.10 / 07:27
11.10 / 03:53
COST
Citi
Digital
CEO
Strategy
Patrick
2020
BoQ’s Allaway urges patience as shares dive on earnings miss
Bank of Queensland shares dived another 32¢ to $5.46 on Wednesday, pushing the troubled lender’s declines since the start of 2023 past 19.6 per cent after it once again disappointed investors with lower than expected earnings and analysts warn that more pain is to come.
11.10 / 02:23
Citi
Target
Southern
Death
hospital
reports
evacuation
Palestinians scramble for safety as Israel pounds sealed-off Gaza Strip to punish Hamas
Gaza Strip neighbourhood by neighbourhood Tuesday, reducing buildings to rubble and sending people scrambling to find safety in the tiny, sealed-off territory now suffering severe retaliation for the deadly weekend attack by Hamas militants. Humanitarian groups pleaded for the creation of corridors to get aid into Gaza and warned that hospitals overwhelmed with wounded people were running out of supplies. Israel has stopped entry of food, fuel and medicines into Gaza, and the sole remaining access from Egypt shut down Tuesday after airstrikes hit near the border crossing.
11.10 / 02:23
Citi
Provident
country
reports
volunteers
Magnitude 6.3 earthquake hits western Afghanistan: USGS
The quake occurred at a shallow depth at around 05:10 am local time (00:40 GMT), with its epicentre about 29 kilometres north of the city of Herat, the United States Geological Survey said. Volunteers and rescuers have been working since Saturday in what are now last-ditch attempts to find survivors from the earlier series of earthquakes, which levelled entire villages and affected more than 12,000 people, according to UN estimates. Local and national officials have given conflicting counts of the number of dead and injured from the previous earthquakes, but the disaster ministry has said 2,053 people died. «We can't give exact numbers for dead and wounded as it is in flux,» said disaster management ministry spokesman Mullah Janan Sayeq. There were no immediate reports of new casualties after Wednesday's quake, which hit near Herat city, home to more than half a million people. The earlier earthquakes completely destroyed at least 11 villages in Herat province's Zenda Jan district, according to the UN. «Not a single house is left, not even a room where we could stay at night,» said 40-year-old Mohammad Naeem, who told AFP he lost 12 relatives, including his mother, after Saturday's earthquakes. «We can't live here anymore. You can see, our family got martyred here.
11.10 / 02:11
Citi
IPO
Manufacturing
JPMorgan
reports
Birkenstock IPO: American public issue price fixed at $46 per share. Details here
New York Stock Exchange under the “BIRK" ticker symbol. Goldman Sachs, JPMorgan Chase and Morgan Stanley are the lead underwriters for the IPO. According to a report in Bloomberg, at the IPO price, Birkenstock has a market value of $8.64 billion based on its filings with the US Securities and Exchange Commission.
11.10 / 01:35
Citi
Experts
show
country
The richest Indians come from pharma, chemicals and industrials
wealth study jointly done by 360 ONE Wealth and Hurun India. Chemicals and Petrochemicals with 110 individuals and Industrial Products with 96 are the other industries that have given rise to a large number of richest Indians.
11.10 / 01:19
11.10 / 00:45
UPS
Citi
Aware
CEO
Platform
InsuranceDekho valued at $600 million in Series B round
MUMBAI : Insurtech startup InsuranceDekho on Tuesday said it has raised $60 million in a Series B funding round led by Japan’s Mitsubishi UFJ Financial Group (MUFG); insurer BNP Paribas Cardif through its insurtech fund managed by European investment major Eurazeo; Beams Fintech Fund; and Yogesh Mahansaria Family Office. A person aware of the transaction said the investment valued the company, the insurance unit of used-car platform CarDekho, at around $600 million. While a large part of the funding round is equity, a small portion has been raised via debt, the company said.
10.10 / 20:11
10.10 / 19:25
10.10 / 19:25
10.10 / 19:03
10.10 / 17:33
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