Citi Financial News

Maruti Suzuki India on Wednesday said its pre-owned car business has crossed 50 lakh-unit sales milestone since inception. The company had introduced its pre-owned car brand, Maruti Suzuki True Value in 2001.

Livelaw reported. Earlier on July 12, the Supreme Court postponed the hearing until July 24 regarding the bail application submitted by Umar Khalid. The application pertains to a UAPA case linked to the purported conspiracy surrounding the North-East Delhi riots that transpired in February 2020.

Washington Post, with a chuckle, the individual pushed the Electra 3-speed bicycle back into the confines of the San Diego garage, propping it against a shelf – a scene that was captured by the city's police department and subsequently shared via surveillance footage. As reported by Washington Post, police have made a plea for assistance from the public in identifying either the individual depicted in the video or the purloined bicycle. The stolen bike, a 2019 model in black, is adorned with "8-ball" caps on its tire valves, features an "8-ball" emblem on its frame, and boasts a black-and-white checkered design on the back wheel frame.

Moscow, the city's mayor said on Wednesday, the latest in a surge of drone attacks targeting the capital. «Two combat drones' attempt to fly into the city was recorded.

JPMorgan Chase on Tuesday announced the opening of 2 global centres in Mumbai and Bangalore that will cater to technology and operations. With this move the foreign lender is looking to consolidate its offices in these locations and cater to growing employee strength.

By Sameer Manekar

Rockaway Beach Park in Queens, New York, has been temporarily closed for swimming and surfing following an incident where a woman suffered an apparent shark bite. The closure comes as a precaution due to recent shark activity, according to NYC Parks. The incident occurred around 6 p.m. on Monday, prompting an immediate response from emergency personnel. The woman, who remains unidentified, sustained a serious leg injury consistent with a shark bite, the New York City Fire Department said. “All indications appear to be a shark bite,” the fire department said. She was transported to Jamaica Hospital Medical Center and is reported to be in stable condition. This occurrence follows a series of similar incidents in the region. Just a month ago, five non-life-threatening shark bites were reported off Long Island, raising concerns among local officials and beachgoers. In response, shark patrols were intensified to ensure safety. Experts recommend certain precautions for swimmers to minimize the risk of shark encounters. Swimming in groups, staying relatively close to the shore, and avoiding areas with bait fish are advised by Gavin Naylor, director of the Florida Program for Shark Research. Statistics reveal that the likelihood of a shark attack remains low. The Florida Museum of Natural History reported only 57 confirmed, unprovoked shark attacks worldwide last year, with 41 of them occurring in the United States. New York experienced eight nonfatal incidents.

MUMBAI : Subhash Chandra’s Essel Group-owned Zee Learn Ltd on Tuesday confirmed signing a settlement agreement with JC Flowers Asset Restructuring Co. (ARC). Zee Learn is among Essel Group companies with a total exposure of ₹6,500 crore with JC Flowers ARC, which Chandra has been trying to settle.

ChatGPT. Last year, it began regulating the algorithms that underpin popular apps and internet platforms including TikTok’s Chinese equivalent Douyin and the ubiquitous super app WeChat.

Nuh, where a communal violence erupted on July 31 during a religious procession. The state government has extended the suspension of mobile internet and SMS services in the district till August 11, where conditions are «still critical and tense».

Pikachu Returns. While initially revealed a month prior during a Nintendo Direct, specific details were scarce until now. The comprehensive trailer showcased an overview of the storyline, characters, gameplay mechanics, and more, igniting excitement among players.

Citi analysts said in a note Tuesday that over the past month, positioning across markets has become long and, in some cases, extended.

(Reuters) — An overwhelming number of business owners in the United States are looking to expand their insurance coverage amid risks ranging from climate change to cyber attacks, a study by global insurance brokerage Gallagher showed on Tuesday.

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market

France on Tuesday said its goal to welcome 30,000 students from India by 2030 is aimed at fostering academic excellence, boosting cultural links and enhancing long-lasting friendship between the two nations. Under the new programme, France plans to offer a five-year Schengen circulation visa for Indian alumni.

By Bansari Mayur Kamdar and Johann M Cherian

“Alberta is calling,” read the ads plastered across Toronto’s transit system.“Find things you’d never expect,” they coax, “like an affordable house.”The advertisements, a blunt recruitment initiative from the Alberta government launched last fall, tout ample job opportunities alongside comparisons of housing prices between Toronto and Calgary.For the family of Suzi Hansen and Tyler Brown, Alberta’s advertising campaign seems to have worked.After years of being unable to break into the housing market while renting a townhome in Oakville, Ont., Hansen says she floated the idea of moving to Alberta to her husband. She says Brown was initially hesitant, but the siren song of an “Alberta is calling” radio ad playing on the drive into work as an industrial mechanic pushed him to think twice about the idea.“Their ad campaign really, really sold it for him,” Hansen recalled in an interview with Global News as she packed up their Oakville home.The family, with three kids aged 15, 12 and two, was preparing for a cross-country U-Haul trek to a small Alberta hamlet a couple hours west of Edmonton where they were immediately able to buy a detached house.The decision was familiar territory for Hansen, who originally came to Canada from Los Angeles because of unaffordable housing prices in California.

travel and tourism industry in India has rebounded significantly from the pandemic, with job postings for hospitality jobs surging by 66% from June 2022 to 2023. The company said this is a marked departure from the 60% decline in job demand during 2019-2020 and the subsequent 7% dip in the following year. Indeed said the sector showed 'remarkable resilience' and 'adaptability' by embracing changing customer preferences. «Curated experiences for staycations, workcations and solo trips have become the new norm, offering customers personalized and safe travel options,» the company said in a statement.«Technology played a vital role in this transformation, integrating seamless digital experiences into every aspect of the hospitality journey,» it added.

₹68.88 crore for the first quarter of the fiscal year ended June 2023, marking an increase of 13.9% from the corresponding quarter a year prior. Net profit was at ₹10.73 crore.

Redfin CEO Glenn Kelman says it's hard to fault the Fed for overdoing rate hikes when there are other persistent sources of inflation.

₹12,400 per square feet and at this point in 2023, have increased to around ₹15,350 per square feet, it added. Among the cities, Hyderabad emerged as the frontrunner in luxury home price growth, seeing a staggering 42% increase in average price from ₹7,450 per square foot in 2018. Bengaluru and the Mumbai Metropolitan Region (MMR) recorded a notable 27% appreciation each.