Citi Financial News
28.07 / 14:27
Citi
Provident
FIVE
Action
Assurant
voice
Real estate industry experts voice concern over lack of registration of realty projects in Delhi
Real estate industry experts have voiced apprehensions regarding the lack of registration of realty projects in the national capital and agents' failure to display RERA (Real Estate Regulatory Authority) details while selling high-value properties. During a CII Delhi session with RERA-Delhi, developers and property consultants said that they were concerned that real estate agents are promoting properties in South and Lutyens Delhi without disclosing the essential RERA details.
28.07 / 14:27
Citi
MET
Waters
show
Traffic
Heavy rains batter parts of Rajasthan, cause waterlogging, traffic snarls in major cities
Jaipur, Jodhpur and Udaipur on Friday. According to the Meteorological Department, Jodhpur, Udaipur, Jaipur, and Ajmer districts witnessed heavy rains on Thursday night, leading to knee-deep water on the key road stretches in many cities and towns.
28.07 / 13:45
UPS
Citi
Provident
Platform
Remark
Terra Food Co. Raises $800K in Pre-Series A Funding Round
Terra Food Co. (TFC), a pioneering gourmet cloud kitchen company, has successfully raised $800,000 in its Pre-Series A funding round. The funding was secured from a group of esteemed investors, including Zero to One Fund, Twin & Bull Fund, ah! Ventures, and several other international angel investors.
28.07 / 13:33
Citi
Cooper
country
China demands US invite Hong Kong leader to economic meeting, adding to strains over crackdown
China has demanded that the United States invite Hong Kong’s leader to an economic conference following a news report that Chief Executive John Lee would be barred due to his role in crushing the city’s pro-democracy movement
28.07 / 13:33
Citi
Provident
Man
Manufacturing
Action
Hudson
New York City crane collapse linked to company and operator with history of safety violations
As authorities continue to investigate a crane collapse that rained thousands of pounds of steel debris onto a busy Manhattan street, the owner and operator of the failed crane are facing scrutiny over past safety failures
28.07 / 13:33
28.07 / 13:33
28.07 / 13:33
UPS
Citi
Provident
Waves
Fulton
job vacancies
Mounting job vacancies push state and local governments into a wage war for workers
Pay is rising for many public sector employees as governments try to compete for new workers and stem a tide of retirements and resignations
28.07 / 13:33
Citi
JPMorgan
Citigroup
Chase
Financial
Citigroup says some predecessor companies likely saw indirect financial benefits from slavery
Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant acknowledged Thursday, an admission that comes at a time when numerous institutions are re-examining their historic ro...
28.07 / 13:33
28.07 / 13:33
28.07 / 13:15
UPS
Citi
Provident
Platform
Pool
country
How can family offices diversify their portfolio through GIFT city route
Gujarat International Financial Tec-City (GIFT City), started in 2007, is India’s first International Financial Services Centre created to provide a facility as available in other countries. Key regulatory developments started in 2015 with RBI and Sebi notifying regulations for exchange control and capital markets up until the Budget 2023 that ended dual regulations, and bringing the IFSC rules on par with those in Singapore and Dubai.
28.07 / 12:31
UPS
Citi
Strategy
Align
country
network
BPCL, Ather Energy team up to bolster India’s EV charging network
New Delhi: Bharat Petroleum Corporation Limited (BPCL) on Friday entered into a strategic partnership with Ather Energy to fortify and expand the country’s largest electric vehicle (EV) charging network. Ather Energy will gain access to BPCL’s extensive network of over 21,000 fuel stations across India, paving the way for the installation of Ather’s fast-charging grid, the company said in a statement.
28.07 / 12:19
Citi
fall
Merger deals fall 31% as capital markets rout continues
US merger and acquisition dollar volume is down 31% compared to the year-ago level, to $667.6bn so far in 2023, the London Stock Exchange Group said late 27 July.
28.07 / 11:39
Citi
FIVE
Booking
Software
Banner
bail
Bhima Koregaon case: 16 arrested, 1 died in custody, some got bail- a 2023 update
Bhima Koregaon Elgar Parishad case: The 2017-18 Bhima Koregaon Elgar Parishad case saw the arrests of eminent activists like Varavara Rao, Sudha Bhardwaj, Gautam Navalakha, Anand Teltumbe, Stan Swamy, Vernon Gonzalves, and Arun Ferreira among others. Maharashtra Police had conducted raids in Pune, Delhi and other cities across India to arrest members of the Elgar Parishad, which they claim was funded by Maoists.
28.07 / 11:25
Citi
FIVE
Aviat
Airlines
Boeing
Returns
Paris-bound Air India flight returns to Delhi after officials notice tyre debris on runway
airport shortly after take-off. The flight returned at 2.18pm after Delhi Air Traffic Control (ATC) informed the on board cabin crew that they noticed tyre debris on the runway after the plane took off. The flight has returned to Delhi and is undergoing necessary checks.
28.07 / 11:23
COST
UPS
Citi
Waters
Paris to allow swimming in river Seine after 100 years ban
Paris is planning on allowing swimming in the River Seine, following a massive, years-long cleanup effort as it gears up for the 2024 Olympic Games. Paris had banned swimming in Seine in 1923 due to excessive water pollution. Locals will be allowed to swim in three separate parts of the river — Bras Marie, Bras de Grenelle and Bercy. It will opened for them from 2025. On July 26, 2024, the opening ceremony of the Olympics will take place on the Seine, instead of the traditional stadium venue of past games. Three Olympic and Paralympic events — triathlon, marathon swimming and Para-triathlon is also scheduled to take place in the Seine. “At the Paris 2024 Games, the athletes will inaugurate swimming in the river with the Olympic events. A revival that will pave the way for aquatic leisure,” reads a statement from Paris city hall published July 10. The city hall also revealed that the bathing zones will be easily accessible, with pontoons and facilities on the quaysides for swimmers to change, shower, and keep their belongings secure.
28.07 / 11:22
Citi
BLOCK
Highways
Mumbai
Two-hour block on one arm of Mumbai-Pune Expressway to remove boulders, mud in wake of landslide
landslide occurred on the Mumbai-Pune Expressway near Kamshet tunnel, the debris was completely cleared in the early hours of Friday, and all three lanes towards the state capital were closed for traffic for two hours in the afternoon, an official said. The landslide took place around 8 pm on Thursday, which affected the vehicular traffic towards Mumbai, he said.
28.07 / 11:20
UPS
Citi
Lowe's
FIVE
Action
expansion
High Court rules ULEZ expansion in outer London Boroughs legal, Here’s what happens next
ULEZ) to outer London boroughs is lawful, dismissing the legal action launched by five Conservative-run councils. The expansion, set to begin on August 29, will charge the drivers of highly polluting vehicles £12.50 per day to incentivize cleaner transport alternatives and improve the city's air quality.
28.07 / 11:20
UPS
Citi
Manufacturing
Apple
stage
country
India sets steady path toward local semiconductor industry
semiconductor sector. Prabu Raja, president of the US company’s semiconductor products group, said India is on its way to becoming a major hub for semiconductor packaging and assembly. That should create a solid foundation for the industry, setting the stage for the country to move into more challenging — and expensive — semiconductor manufacturing.
28.07 / 11:16
Citi
Booking
Waters
Parke
Addressing Over Tourism: Panel suggests regulation of tourists in Mussoorie
National Green Tribunal (NGT) has put forth recommendations to tackle the issue of Mussoorie's carrying capacity. As per a ToI news article, the report suggests implementing measures such as tourist regulation, charging visitors, utilizing proceeds for waste management, monitoring construction activities, rejuvenating spring-sheds, and promoting rainwater harvesting to meet peak season demands.
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