Citi Financial News

TransIndia Real Estate Limited, an Allcargo Group company, has acquired two land parcels for warehousing with a combined value of Rs 231 crore in Gurgaon’s Farukh Nagar, two people aware of the deal said. Both land parcels are located in the Model Economic Township (MET) of Reliance Industries. The first property piece, measuring 56.52 acres, was purchased for Rs 134 crore by Allcargo Inland Park pvt Ltd, and the second, measuring 41.06 acres, was purchased by Jhajjar Warehousing pvt Ltd for Rs 97.5 crore, as per documents accessed by analytic firm CRE Matrix.

NEW YORK (Reuters) — Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from jail during his fraud trial starting next week.

Temasek is paring part of its controlling stake in Manipal Hospitals six months after it doubling down in the Bangalore headquartered hospital chain. Temasek owned Sheares Health, is in advanced negotiations to sell 8-9% of its 59% interest in Manipal Health Enterprises to Abu Dhabi' fund Mubadala and the sovereign wealth fund of Brunei, Brunei Investment Authority (BIA), said people in the know.

Activists in Mississippi’s majority-Black capital city are trying to join a federal lawsuit against the city for violating standards for clean drinking water

The Hong Kong stock exchange says trading of shares of heavily indebted Chinese property developer China Evergrande Group has been suspended

New York Attorney General Letitia James is no stranger to picking fights with powerful targets

Officials across Germany are sounding the alarm that they are no longer able to accommodate migrants who are applying for asylum

The University of Nevada’s basketball team could have a new off-campus home by 2026 under an ambitious 10-year expansion plan that Reno’s largest hotel-casino has in the works

Police say a man wanted in the killing of a Baltimore tech entrepreneur has been arrested

Police say a man wanted in the killing of a Baltimore tech entrepreneur has been arrested

A group of pharmacists frustrated with overwhelming workloads didn't show up for work last week in at least a dozen Kansas City-area CVS pharmacies

When Shellie and Perry Pardoe moved from northern Utah to Salt Lake City, they quickly realized that as empty-nesters, they didn’t need all five bedrooms in their house. But they did look forward to visits from their seven grandchildren and other young members of the family. So they spent about $30,000 to turn one of the bedrooms into a “fantasy reading forest" playroom for the grandkids, complete with treehouses, a climbing wall and a hideaway with two swinging hammocks.

NATO Secretary-General Jens Stoltenberg met with President Volodymyr Zelenskyy to discuss the status of the war and needs of troops on Thursday, the day after Russia accused Ukraine's Western allies of helping plan and conduct last week's missile strike on the Black Sea Fleet's headquarters on the annexed Crimean Peninsula. Zelenskyy said Stoltenberg agreed to make efforts to get NATO members to help provide additional air defense systems to protect Ukraine's power plants and energy infrastructure that were badly damaged in relentless and deadly attacks by Russia last winter. He also reminded the secretary-general of the persistent attacks that often strike civilian areas, including 40 drone attacks overnight.

Cauvery water issue. The normal life is likely to be affected, especially in the southern part of the state, with pro-Kannada and farmers' organisations calling for 'Karnataka Bandh' on Friday. According to PTI, 'Kannada Okkuta', an umbrella organisation for Kannada outfits including factions of Karnataka Rakshana Vedike, Kannada Chalavali (Vatal Paksha) and various farmers' bodies have given a call for the dawn-to-dusk shutdown. The state is set to witness massive protest procession from Town Hall to Freedom Park in the city, in which people from all walks of life are likely to participate, reported PTI, citing the organisers as saying.

Delhi Chief Minister and Aam Aadmi Party Chief Arvind Kejriwal on Thursday took a dig at the central government after the Central Bureau of Investigation (CBI) registered a preliminary enquiry to probe 'alleged' irregularities in construction and renovation of his residence. «What can we expect from a 'Fourth pass Raja'? They want me to bow down before them. They want to break me.

Imphal valley which have been on a rampaging spree after pictures of two missing teenagers surfaced on social media. According to officials, during attacks carried out on a police party Wednesday evening, armed men dressed in black uniform were seen giving directions to the agitated youths to attack the police and many vehicles were then torched.

Citigroup Inc. is in talks to sell its China onshore retail wealth business to HSBC Holdings Plc, as the latter continues to build out its presence in the mainland, according to people familiar with the matter.

Ganpati Visarjan: The Ganesh mandals in Mumbai began the processions to immerse the Lord Ganesha idols on Thursday as the 10 days of colorful festivities come to an end. The crowds have gathered at various points of the city and to minimize the problems for commuters, the Mumbai Traffic Police is releasing advisories informing about the blocked roads and the alternative routes. In its latest advisory, Mumbai Traffic Police informed about no entry from D.

Anant Chaturdashi, the last day of the festival. The Brihanmumbai Municipal Corporation has posted 1,337 lifeguards, including 1,035 at 69 natural water bodies and 302 at around 200 artificial ponds, and arranged 53 motorboats at natural water bodies, an official said on Wednesday. Police personnel to be on security duty include 16,250 constables, 2,866 officers, 45 Assistant Commissioners of Police, 25 Deputy Commissioners of Police, 8 Additional Commissioners of Police, and other senior officers, the official said.

Ramani Dathi, CFO, Teamlease Services, says “right now, maximum hiring is happening in the BFSI sector and here we are also seeing 100% attrition trends as well. So, there is a very high churn rate. There is a high demand for open positions, but again, given the 100% churn rate, there has been a continuous hiring and in terms of growth compared to last year, we have seen close to 20% growth within BFSI related hiring. This is both for credit card sales, customer service agents and other BFSI related jobs.” What are the trends that are picking up? We know that sector-wise there is a great boom in travel, hospitality. Also, in terms of the World Cup, the rush that has come in over there, a festive season rush as well. Are the trends limited to that or does it seem like something that would continue in terms of hiring intent in these sectors? No, it looks like the trend might continue.

Housing sales rose 36 per cent year-on-year to a record 1,20,280 units across seven major cities during the July-September period on robust demand amid stable mortgage rate, according to Anarock. Housing sales stood at 88,230 units in the year-ago period across the seven major cities. Releasing the data, real estate consultant Anarock said average housing prices across the seven cities grew 11 per cent annually in the July-September period this year.