Citi Financial News

Hiranandani Group and US-based private equity major Blackstone Group, is planning to invest around Rs 1,500 crore to augment its warehousing portfolio in Chennai to nearly 640 acres over the next three years. The company is planning to add land parcels spread over 450 acres to its delivered and operational 2.2-million-sq-ft warehousing facilities in Chennai’s Oragadam locality. This logistics park is part of an integrated township, Hiranandani Park, spread over 380 acres. Of the 450-acre planned addition, the company has acquired nearly 100 acres and is in advanced talks to buy an additional 50 acres around the operational logistics park.

NCR Corporation (NYSE: NCR) has disclosed further details concerning its previously announced separation of its ATM-focused businesses, including Self-Service Banking, Payments & Network, and Telecommunications and Technology sectors. The separation will involve the distribution of all common stock of NCR Atleos Corporation (formerly NCR Atleos, LLC) held by NCR Corporation to its common stockholders.

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Tony Awards are relocating to the Upper West Side, landing at the David H. Koch Theater within Lincoln Center.

Drew Barrymore is preparing to make a comeback once more. The actor-host has confirmed that the fourth season of her daytime talk show, The Drew Barrymore Show, will return on October 16. Initially, Barrymore faced backlash for her decision to resume her show ‘The Drew Barrymore Show’ amidst the writers' strike, along with other WGA-covered shows. Critics, including picketers outside her New York City studio, raised objections. In a September 10 Instagram post, Barrymore tried to justify her return without the show's striking writers but later retracted. On September 17, she postponed the show's return until the end of the writers' strike, expressing profound apologies. Following the Writers Guild of America's tentative agreement with the AMPTP studios and streamers, the strike ended on September 26. Now, daytime talk shows, heavily reliant on celebrity guests, are rescheduling their returns, which is good news for networks hungry for fresh content amid the dual Hollywood strikes. The Talk is set to return on October 9, while The Jennifer Hudson Show already made its comeback on October 2. On Wednesday morning, Kelly Clarkson announced the return of her daytime talk show, The Kelly Clarkson Show, on October 16. The talk show will be filmed at NBC Studios' Studio 6A in New York.

The luxurious Singapore home of Three Arrow Capital (3AC) founder Su Zhu has been repurposed from living quarters to an urban farm by his wife, Evelyn Tao, according to local reports.

MEXICO CITY (Reuters) -Mexico's president announced that he expects to have a new action plan in the next couple weeks to better address a toxic spill that fouled a river nine years ago and was blamed on one of the country's top mining and transportation companies.

Q3 2023, driven by an 8.4% q-o-q surge in demand (searches) and a 7.2% q-o-q drop in supply (searches), as per the MagicBricks PropIndex Report. The report, which analysed the preferences of over 20 million customers across 13 prominent cities, noted significant quarter-over-quarter increase in search volumes for Greater Noida (38.9%), Noida (20.4%), Kolkata (13.6%), and Bengaluru (13.5%), signalling ongoing demand for homes in these areas. Elaborating on the trends, Sudhir Pai, CEO, Magicbricks said, «While the growing residential demand underscores the strong sentiment towards real estate in India, the reducing supply can be attributed to various reasons such as focus on completion of under-construction projects. However, as we reflect on the impact of macro tailwinds, including the recently concluded G20 summit and the approaching festive season, it is evident that a wave of optimism is building, poised to propel the real estate sector forward in the coming months.

Italy has launched an investigation after a fully electric-powered bus with foreign tourists veered off a busy overpass on the Venetian mainland during rush hour

A prosecutor accused FTX founder Sam Bankman-Fried of stealing at least $10 billion from his customers as opening statements began in a federal court trial in New York City

Rishi Sunak on Wednesday urged skeptical voters, and his own Conservative Party: Keep me in office and I'll offer you change. In his first — and possibly last — speech as leader to the party's annual conference before an election due in 2024, Sunak said he's not afraid to make tough choices and big decisions that will deliver «long-term success» rather than «short-term advantage».

Manitoba voters made history Tuesday night.

₹90,000 crore has been released by the government for these projects. While metro rail systems have raised the bar for public transport quality, they are expensive and their financial performance and patronage are not impressive. The existing revenue streams of most, including large and mature ones, are unable to meet their total expenses.

Manish Sisodia, and former health minister in Delhi cabinet Satyendar Jain. The 51-year-old leader becomes the second high-profile AAP leader to be arrested in this case after former deputy chief minister Manish Sisodia. AAP had issued a statement after MP Singh's arrest, claiming, “Sanjay Singh speaks for people, his arrest after Manish Sisodia and Satyendar Jain shows BJP's frustration as it is losing to INDIA bloc".

Uber is adding a new task to its list of services: mailing consumers’ return packages

U.K. Prime Minister Rishi Sunak has told his Conservative Party he's not afraid to make tough decisions for long-term change

Delhi police on a plea filed by NewsClick founder Prabir Purkayastha and HR head Amit Chakravarty, arrested in a case lodged under anti-terror law UAPA following allegations about the news portal having received money for pro-China propaganda, seeking a copy of the FIR. Additional Sessions Judge Hardeep Kaur directed police to file its response by tomorrow when the court will hear arguments on the application. The court, meanwhile, agreed to hand over a copy of the remand application, filed by police, to Advocate Arshdeep Singh Khurana, the counsel for the accused.

The jury selection process in the criminal trial of FTX founder Sam Bankman-Fried is set to continue for a second day amid concerns of potential bias among prospective jurors. 

Once bitten, twice shy? Not with dollar bulls, and not when the prey is the yen.

Jumeirah Group aims to double its property portfolio by 2030 and is 'keen' on opening a luxury hotel in India, a top company official said on Wednesday. Jumeirah Hotels and Resorts is a Dubai-based luxury hotel chain, which currently owns 27 hotels across the world, including 12 hotels in the United Arab Emirates, said Kirti Anchan, General Manager of Jumeirah Emirates Towers. «We are on a growth path and we want to double our property portfolio by 2030.

PHOENIX—Unless it’s an early-morning caffeine emergency or vacation mimosa, I’d sooner board last than spring for snacks and drinks at the airport. Yet there I was on Sunday, wearing out the company credit card at shops and restaurants for a few hours at Sky Harbor International Airport. My mission: See how far $100 would go in an era of high inflation and daily social-media posts on outrageous airport prices.