Citi Financial News

Narendra Modi is scheduled to visit Varanasi on Saturday to commence the construction of an international cricket stadium in his electoral constituency. Uttar Pradesh Chief Minister Yogi Adityanath praised this visit, considering it a significant event in the history of Kashi, and shared the details of Modi's agenda for the trip. “Tomorrow another golden chapter is going to be added to the journey of Baba Shri Vishwanath ji's holy city Kashi.

Women's apparel brand Chique is planning for expansion into tier-2 and 3 cities across India. The company said that it plans to open over 150 stores in the next three years. The company already has a presence in 26 cities, including Delhi, Ahmedabad, Lucknow, Jaipur, Hyderabad, Ludhiana, Gurugram, Bangalore, and Mumbai.

carpooling among employees, battery-operated cabs, preferred parking and virtual meetings wherever possible -corporate India is going the extra mile to ensure a greener future as the country looks to transition towards net zero. A clutch of companies including Infosys, Capgemini, Ericsson, and EY Global Delivery Services (GDS) are making employee travel more sustainable to reduce their carbon footprint. While increasing the usage of electric vehicles (EVs) is one part of the strategy, these companies are also focusing on measures like cutting down non-essential travel, phasing out CNG vehicles, and encouraging carpooling among employees.

A New York judge has continued arguments over whether an October trial to determine if former President Donald Trump committed fraud will go on as scheduled

King Charles III has traveled to the southwestern French city of Bordeaux to focus on climate and the environment

This week, one of the hallmark events centered on curbing global warming — NYC Climate Week — convened sustainability experts and evangelists from around the world in one place.

The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase exposure to digital assets in the next bull market. Blockchain Capital, for instance, closed two new funds this week, with $580 million in capital to be deployed in crypto gaming and decentralized finance projects. 

DLF Cyber City Developers (DCCDL), the rental arm of DLF, has raised ₹1,100 crore through the issuance of non-convertible debentures on a private placement basis, according to a regulatory filing. «The securities allotment committee of the Board of Directors has approved the allotment of 1,10,000 senior, listed, rated, secured, redeemable, transferable, rupee-denominated non-convertible debentures (NCDs) of the face value of 1,00,000/- each on a private placement basis to eligible investors,» the company said. In November 2021, DCCDL raised ₹1,000 crore through the private placement of listed, secured, and redeemable non-convertible debentures (NCDs) at a 6.7% annual fixed coupon maturing in September 2024. DLF has developed more than 158 real estate projects and developed in excess of 340 million square feet. DLF has around 215 million square feet of development potential across the residential and commercial segments.

Michael Bloomberg, co-founder of Bloomberg LP, outlined a succession plan for the financial information and news company, saying that his foundation Bloomberg Philanthropies will inherit it and then eventually sell it, the New York Times reported. The former New York City Mayor made the announcement at the Climate Summit hosted by the newspaper on Thursday. Representatives for Michael Bloomberg declined to comment. «I give virtually all of the company's profits to the foundation… but when I die, the foundation inherits the company,» the newspaper reported quoting him. Bloomberg was married to Susan Brown from 1976 to 1993 and has two daughters, Emma and Georgina.

national highways and 60kmph for urban roads. However, the Madras High Court quashed the order in 2021, stating these speeds were too high. The matter is now in the Supreme Court.

Joe Jonas enjoyed a night out with his brother, Nick, just one day prior to his estranged wife, Sophie Turner, initiating legal action, alleging that the American singer-songwriter had 'wrongfully' retained custody of their two children. Singer and his younger sibling were spotted on Wednesday night in New York City, meeting up with friends at Waverly Inn. Interestingly, this venue is located a mere three blocks away from where Turner and another of Joe's ex-partners, Taylor Swift, had ventured out the previous night, as per a report in PageSix. The Jonas Brothers musicians appeared engrossed in deep conversation as they relished their meals. Page Six reported that there was no evident sadness in the atmosphere.

Mosque Committee, which manages the Gyanvapi mosque in Varanasi, is embarking on a campaign to reach out to eminent Hindu priests and social personalities to engage in a dialogue with them to revive the «syncretic culture» of the city that it says has taken a backseat in the course of the legal tussle over the mosque, and to maintain communal harmony. The mosque committee said it will not discuss the ongoing case being fought in the Varanasi courts and the Allahabad HC concerning the demands of the Hindu litigants to worship before goddess Shringar Gauri in the mosque premises for ascertaining whether the mosque stood on a pre-existing temple .. «When we reach out to them, it will create an atmosphere of brotherhood and dilute whatever bitterness has set in between the two communities over the course of the legal tussle. There will not be any discussions about the case; the aim is just to revive the tana-bana or Ganga-Jamuni culture and preserve communal harmony,» SM Yaseen, joint secretary of the committee, told ET.

FOX News correspondent Bryan Llenas has the latest on migrants waiting to be processed inside a closed bar in New York City on «Varney & Co.»

Federated Hermes CIO of Equities Stephen Auth joined ‘Mornings with Maria’ to discuss the U.S. economy as high oil prices start to raise concerns about sticky inflation.

King Charles III has traveled to the southwestern French city of Bordeaux to focus on climate and the environment

MILAN — Rain forced more than one fashion house to scramble for indoor locations in Milan and fashionistas to find a way to move about the gridlocked Italian city on Friday without the threat of a drenching.

Massachusetts has about 184,000 people on a waitlist for the state’s public housing

Across New York City, civil society groups and large philanthropies meet on the sidelines of the United Nations while world leaders gather at the annual General Assembly

Kacheguda-Yesvantpur and Vijayawada-MGR Chennai Central Vande Bharat Express trains on September 24 using a video link. The PM will flag-off nine Vande Bharat trains across the nation, including the two services in the jurisdiction of the South Central Railway (SCR), headquartered at Secunderabad. A function will be held at Kacheguda Railway Station here simultaneously.

Apple stores in Delhi and Mumbai, some even camping overnight, as the Cupertino, US-based company began sales of its iPhone 15 series of smartphones in India. Apple's latest iPhone launch is considered highly significant because, for the first time, iPhones made in India and China are being offered simultaneously to customers, who flocked to stores to pick up their units. Apple afficionados also travelled from neighbouring states and cities to buy their chosen handsets. The outlets in Delhi and Mumbai are the only two Apple stores in India and were opened by Apple chief executive Tim Cook in April.Ujval Shah, a final year CA student and a long time Apple fan, saw to it that he was the first to buy the new phone from Apple’s Bandra Kurla Complex outlet in Mumbai, even if it meant travelling from Ahmedabad a day prior, and waiting outside the mall where the outlet is located for the better half of the night. “My friend and I waited outside under the bridge for most of the night and then started queuing up outside the mall.

Nuvama Wealth Management Ltd, the demerged entity of Edelweiss Financial Services Ltd will get listed on the stock exchanges on September 26, according to an exchange filing. The demerger of the wealth management business was completed following the approval from the National Company Law Tribunal (NCLT) on April 27. The scheme of arrangement came into effect on May 18, 2023. In a recent interview with ETMarkets, Nuvama Group Managing Director and Chief Executive Officer Ashish Kehair said that the listing is likely in mid-September.