Citi Financial News
28.09 / 08:03
Citi
Provident
Man
COP
cover
information
Madhya Pradesh: ‘I gave her my clothes’, priest on how he helped Ujjain rape survivor
Ujjain, spotted the girl on Monday morning. In an interview with NDTV, the priest said, “I was leaving the ashram for some work on Monday at around 9.30 am when I saw the girl. She was half-naked, and bleeding near the gates.
28.09 / 06:59
Citi
President
2020
reports
medicines
fall
China property crisis: Know about rise and fall of Evergrande Founder Hui Ka Yan | Explainer
Also read: Evergrande Chairman Hui under police control as China's property crisis deepens: Report The move adds to questions over the future of the world’s most indebted developer after setbacks to its restructuring plan in recent days roiled financial markets and raised the risk of a liquidation. It also casts doubt on the fate of the 64-year-old billionaire himself. Here’s everything you need to know about the rise and fall of Evergrande’s rags-to-riches founder: When Chinese President Xi Jinping marked the centenary in 2021 of the Communist Party’s founding with a speech proclaiming his nation’s unstoppable rise, there, overlooking the festivities in Tiananmen Square, was Evergrande founder Hui Ka Yan.
28.09 / 06:25
UPS
Citi
Provident
VISA
Mobile
poker
10 Best Online Gambling Sites in Canada – Top Canadian Real Money Gambling Sites
Jackpot City, but there are many other sites that you don’t want to miss. Let’s dive in! 1. Jackpot City – Best Online Gambling Site in Canada Overall Pros: Cons: Jackpot City is a true leader in the Canadian online gambling scene! This online casino site offers an outstanding game library, a unique design, and a generous sign-up boost going up to $1,600! Quality of Casino Games: 4.9/5 Jackpot City offers a selection of 500 best online casino games from no less than 15 different game providers - the variety is not an issue here.
28.09 / 06:21
UPS
Citi
IPO
Waters
Manufacturing
Metro
open
Plaza Wires IPO to open on Friday. Here are 10 things to know about the offer
What is the business overview of Plaza Wires? The company is engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fast-moving electrical goods under its flagship brand «Plaza Cables». The company's product mix includes different types of wires and cables, and fast-moving electrical goods such as electric fans, water heaters, switches and switchgear, Poly Vinyl Chloride insulated electrical tape and Poly Vinyl Chloride conduit pipe and accessories.What is the industry overview of Plaza Wires? The cables and wires industry is estimated to have grown to Rs 1.03 lakh crore in FY23, boosted by increased infra spends by the government. In Tier-I cities, increase in demand and the lack of open spaces to set up towers, coupled with rising demand from infra projects like metro has swelled the demand for extra high voltage (EHV) underground cables.What is the size of the Plaza Wires IPO? The IPO is entirely a fresh equity issue of 1.32 crore, aggregating up to Rs 71.2 crore.What is the price band for Plaza Wires IPO? The company is offering its shares at Rs 51-54 apiece. Investors can bid for a minimum of 277 shares in one lot and in multiples thereafter.What is the structure of Plaza Wires IPO? About 75% of the offer is set aside for qualified institutional buyers, 15% is reserved for non-institutional investors and 10% for retail investors.How is the financial performance of Plaza Wires? For the year ended March 2023, the company's revenue from operations rose by a meagre 3% to Rs 183 crore, while net profit jumped 27% to Rs 7.5 crore.What are the objects of Plaza Wires IPO? Net proceeds from the issue are proposed to be utilised towards funding the capex for setting
28.09 / 05:33
UPS
Citi
Progressive
JPMorgan
WhatsApp
reports
Chinese banks' earnings at risk as bad debt ratios soar, JPMorgan warns
China Evergrande shares suspended, China may have some learnings from US, India says Uday Kotak The non-performing ratio may go up to 13% of all privately-owned builders and “low quality" state-owned developers were to go into distressed status, pushing earnings down by 10%, they said. In a bid to boost demand in the property sector in China, the Xi Jinping government directed large cities to cut down payments for homebuyers and encouraged lenders to lower rates on existing mortgages in August. Beijing had announced that nationwide minimum down payments will be set at 20% for first-time buyers and 30% for second-time purchasers.
28.09 / 05:33
UPS
Citi
Waters
Action
show
travelers
Traffic
Bengaluru: Massive traffic jam on ‘Outer Ring Road' tech corridor on September 27; What exactly happened?
Cauvery River water row, Ganesh Visarjan, and Comedian Trevor Noah's show that was canceled later. In a post on X (formerly Twitter), Deputy Commissioner of Police (Traffic, East) Kuldeep Kumar R Jain said, “Huge Traffic pile up on ORR from Marathalli to Sarjapur. Pls, instruct ITBT companies on ORR not to rush out because it's a huge jam due to invariably huge no of vehicles." The Mahadevapura task force, which gives regular updates on roads and traffic management in the city, also shared a picture of a massive traffic jam on the Outer Ring Road.
28.09 / 05:31
Citi
Target
MON
exclusive
Department
SOLIDARITY
Manipur govt extends AFSPA in entire state excluding 19 police station areas including Imphal
AFSPA) in the entire state excluding 19 police station areas including Imphal from October 1 onwards. A notification issued by the Commissioner (Home) T. Ranjit Singh said that the Governor of Manipur hereby accords approval to declare the entire state of Manipur excluding the areas falling under the jurisdiction of the 19 Police Stations as «Disturbed Area» for a period of six months with effect from October 1.
28.09 / 03:53
28.09 / 03:39
Citi
Citizens
Metro
country
Metro rail, buses capital-intensive, cannot be offered free: Hardeep Singh Puri
Hardeep Singh Puri, said on Wednesday that while certain political parties advocate for free public transport such as metro rail and buses, it is not economically viable to offer these services entirely cost-free to the public as these are capital-intensive schemes. «All these facilities — Metro and electric buses, these have to be economically viable. I believe that economically viable schemes will have good service delivery and the citizens will be happy with it.
28.09 / 02:59
Citi
Twitter
show
performer
stage
audience
gatherings
US comedian Trevor Noah’s Bengaluru show gets cancelled over technical glitch, fans fume; Kiran Mazumdar Shaw rues ‘blot on Bengaluru’s tech image’
Trevor Noah was left red-faced after his live show in Bengaluru was cancelled last minute due to some technical glitches. The comedian revealed that both of his shows at the Manpho Convention Centre (dated September 27 and September 28 respectively), were cancelled. Fans who had gathered to watch ‘The Daily Show’ host regale them, were left disappointed when they could not hear anything due to poor acoustics.
28.09 / 02:17
Citi
WhatsApp
Southern
Instagram
love
ICC World Cup 2023: Pakistan team gets warm welcome in Hyderabad; Babar Azam says ‘Overwhelmed with the love…’
team arrived in Hyderabad, they received a warm welcome at Hyderabad airport. Excited crowds, held back by officers, cheered and shouted the team captain's name Babar Azam, as the Pakistanis arrived at the airport in the southern city of Hyderabad. The World Cup is scheduled to be held between October 5 to November 19 in India.
28.09 / 02:17
Citi
Manufacturing
Vodafone
Xiaomi
electronic
exclusive
blues
Stocks to Watch: Cipla, Dixon Tech, Oberoi Realty, Tata Power, Barbeque Nation
Cipla: Promoters of India’s fourth-largest drugmaker are in advanced talks with two consortiums—one led by Torrent Pharmaceuticals Ltd, with the participation of prominent family offices, and the other a group of buyout firms led by BPEA EQT and General Atlantic—to sell a controlling stake for $6-7 billion, two people with direct knowledge of the matter told Mint. Dixon Technologies: The company said its subsidiary, Padget Electronics entered into a strategic agreement with Xiaomi Technology India. This agreement encompasses the manufacturing of smartphones and various related products exclusively for Xiaomi.
28.09 / 01:11
28.09 / 00:19
Citi
Provident
Target
President
show
information
reports
Russia accuses Ukraine's Western allies of helping attack its Black Sea Fleet headquarters
Russia has accused Ukraine’s Western allies of helping plan and conduct last week’s missile strike on the Black Sea Fleet’s headquarters in Crimea
27.09 / 19:59
27.09 / 19:59
27.09 / 19:33
Blockchain
Citi
Remark
Citigroup
Citibank
Bitcoin
services
"Bye Bye" to Bitcoin? Robert Kiyosaki Weighs In on Citibank's Citi Token Services
On Tuesday, renowned author and financial literacy advocate, Robert Kiyosaki, sparked off a spirited debate in the cryptocurrency sphere with his remarks on the future of Bitcoin and the US dollar.
27.09 / 16:55
UPS
Citi
Provident
Platform
show
reports
How India’s MF ecosystem has evolved since the 90s
₹46 trillion. Addressing a conference of chartered financial analysts some time ago, Kumar said the high demand for Master Gain 92 fund was due to the logistical difficulty faced by small investors in buying and selling shares through stock brokers. For them, the easiest way to participate in the markets was by owning mutual fund units, thereby giving them an indirect exposure to equities.
27.09 / 16:43
27.09 / 16:21
Citi
Cooper
Progressive
President
show
country
gatherings
India will soon emerge as global economic powerhouse: PM Modi
Narendra Modi on Wednesday said his aim is to make India a global growth engine and expressed confidence that the country will soon emerge as an economic powerhouse of the world. Speaking at an event to mark 20 years of success of the Vibrant Gujarat Summit, Modi said they sowed small seeds of a «Vibrant Gujarat» 20 years ago, and today it has developed into a big tree. Modi also said that Vibrant Gujarat became a success at such a time when the previous central government (UPA dispensation) was «indifferent» to the industrial progress of the state.
27.09 / 12:25
UPS
Citi
Action
Strategy
performer
testing
500
S&P 500 Selloff: Embrace Short-Term Pain for Sustainable Long-Term Gains
I'm back in the thick of market action after a refreshing vacation, which included a visit to the picturesque Santiago de Compostela, renowned as one of the final destinations along the famous spiritual pilgrimage route.
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