Citi Financial News

22.07 / 13:09

Citi Twitter Action Metro awards Traffic Bengaluru traffic police posts image of issuing challan to bus driver, Internet says ‘looks like Amitabh Bachchan. . .’

Bengaluru bus driver being issued a challan did not escape the hawkish eyes of the netizens either. But first a little about the picture. A Bengaluru school bus driver took a wrong U-turn on a busy road near the Garudacharpalya metro station in Bengaluru.

22.07 / 12:05

Citi boost Indraprastha Gas Q1 Preview: Net profit to rise 59% sequentially, lower APM gas price to boost margins, volumes

Indraprastha Gas Q1 Preview: Indraprastha Gas Limited (IGL) is likely to witness a rise in net profit for the April-June quarter on a quarter-on-quarter basis (QoQ) due to recovery in margins and volume. The leading city gas distributer's profit after tax (PAT) is likely to rise 59 per cent sequentially on improved earnings before interest, taxes, depreciation, and amortization (EBITDA) margins in the first quarter quarter of current fiscal, according to a report by JM Financial Services.

22.07 / 12:05

UPS Citi Provident Cooper Action Metro country week BRICS Urbanisation Forum to be held in South Africa next week

BRICS Urbanisation Forum that was inaugurated in New Delhi in February 2013 will have its first in-person follow-up in the South African city of Durban next week. During the two-day gathering that begins on July 26, the delegates from the five-nation BRICS bloc will discuss some of the key urban developmental issues to understand how globally cities are becoming more resilient towards these challenges.

22.07 / 11:43

UPS Citi Digital Waters Enterprise social Will Dharavi become another Bandra-Kurla? What Gautam Adani gets out of it

Gautam Adani, the Chairman of Adani Group, has promised to change Dharavi so much that it will produce millionaires without the slumdog prefix. Adani Properties, an Adani Group company, has recently won the bid to redevelop Dharavi, an area spread over nearly 600 acres of prime land in the heart of Mumbai.

22.07 / 10:39

Citi Dreams Tapestry DISH social ‘Gold Idli’ becomes latest food obsession for Hyderabad but...

₹1,200 per plate. The Idli is presented very lavishly with rose petals and edible gold paper. The innovative dish is viral on social media with people sharing their reactions to the idea with some even questioning the limit of experiments.

22.07 / 10:35

Citi BLOCK Telegram Fighting Shell country Russian strikes kill at least 8 civilians as fierce fighting continues in Ukraine's south and east

Ukraine overnight killed at least eight civilians and wounded others, authorities said Saturday, as fierce fighting continues in Ukraine's attempts to dislodge Russian forces from territory they have occupied. The regional prosecutor's office in the eastern Donetsk region said that at least four people, including a married couple, were killed as Russian forces on Friday night shelled the settlement of Niu-York, south of the city of Bakhmut — the site of the war's longest and bloodiest battle until it fell to Moscow in May.

22.07 / 10:35

COST UPS Citi Fox Solomonic GBP Time Tottenham aims for first win as Spurs meet Leicester in Thailand preseason clash — Kickoff time, TV, live stream

Postecoglou’s first match as the manager of Tottenham was when the Spurs clashed with Westham. But David Moyes’ side did not allow him to get the honour of beating them. This match is significant for Leicester as they have lined up preseason matches with Lion City Sailors, Shakhtar Donetsk and Barcelona. Their performance last year was really bad and they want to come out of this bad patch.

22.07 / 10:05

Citi Amazon Platform Metro Samsung Motorola Amazon Prime Day 2023: E-commerce platform sold 5 smartphones every second during the sale, revealed insights

Prime Day event witnessed strong growth in Prime membership, and highest engagement with 14 per cent more members shopping than last year’s Prime Day event. Commenting on the success of the shopping event, Akshay Sahi, Director, Prime and Delivery Experience, Amazon India said, “I would like to thank our sellers, brand partners and Prime members who helped make this Prime Day the biggest ever in India. Brands and sellers across categories received a great response from Prime members from metros and Tier 2 & 3 cities and towns across India.

22.07 / 08:57

Citi Provident Manufacturing electronic Innovative cafe in Ambikapur rewards ragpickers who collect plastic with meals

Ambikapur in Chattisgarh faced a pressing challenge in plastic waste management, with over 2 lakh people uncertain about the proper disposal of plastic waste. Additionally, public facilities like roads lacked adequate funding. To tackle these issues, municipal officials devised a brilliant plan.

22.07 / 08:55

UPS Citi Waters DISH Miami Beach area under precautionary boil water alert after main break

A water main break in Miami Beach caused pressure to drop and forced officials to issue a precautionary boil water alert for the tourism hotspot

22.07 / 06:47

Citi Digital CEO Platform Enterprise country Proptech startup Altre raises $1million from institutional investors

Altre has raised $1million in a pre series A round to grow technology, capability and teams across the country. Altre is a B2B fulfilment marketplace for commercial real estate.

22.07 / 06:47

Citi cover Delhi's green cover to be increased to 25% in coming years: CM Arvind Kejriwal

Arvind Kejriwal on Saturday said Delhi's green cover has to be increased from the existing 23 per cent to 25 per cent in the coming years to make the national capital world's greenest and cleanest city. Kejriwal, attending a Van Mahotsav where Delhi Lt Governor V K Saxena was the chief guest, said this year, more than one crore saplings will be planted across the city.

22.07 / 06:21

Citi CEO Mumbai Aditya Birla Capital extends debt to redevelopment project near Mumbai's BKC

Aditya Birla Capital Capital, has extended debt worth Rs 40 crore to Agami Realty’s premium residential project involving redevelopment of a housing society in Kala Nagar near Mumbai’s business district Bandra-Kurla Complex (BKC). The project to be developed on the land parcel spread over a quarter of an acre is estimated to have a development potential of about 1 lakh sq ft and a free-sale component of about 45,000 sq ft.

22.07 / 06:21

Citi Target Compilation BAY shootings Israel forces kill Palestinian accused of car ramming

Palestinian in the occupied West Bank, Palestinian officials said Saturday, in what the army described as a «car ramming attempt» near Nablus. Fawzi Mukhalifa, 18, «was killed by the occupation (Israeli) bullets in the town of Sebastia» late on Friday, the Palestinian health ministry said. He was the second Palestinian to be killed by Israeli forces in the West Bank within hours.

22.07 / 02:37

Citi Waters show country voice North Korea fires cruise missiles amidst silence on detention of US Army soldier who illegally crossed border

North Korea fired several cruise missiles toward its western sea Saturday, South Korea's military said, marking the second launch event this week apparently in protest of the docking of a nuclear-armed US submarine in South Korea. While adding to its barrage of missile launches in recent months, North Korea remained publicly silent for a fifth day on the fate of an American soldier who bolted into the North across the heavily armed Korean border this week.

22.07 / 02:37

UPS Citi BLOCK Orange track Mumbai Mumbai: Heavy downpour causes delay in trains. Check details

After days of severe rainfall in the city, Mumbai will witness heavy rainfall on Saturday. The Indian Meteorological Department has issued orange alert for Mumbai, Thane, Raigad, and Ratnagiri. Moreover, a red alert has been issued in Palghar district.

22.07 / 02:37

Citi country South Korea warns North, says any nuclear attack will result in…

Yonhap News Agency reported on Friday. The warning came after Pyongyang had said the deployment of a US nuclear-capable submarine and other strategic assets here could meet the conditions for its use of nuclear arms.

22.07 / 02:37

Citi Provident Digital Cooper Platform country Buy tomatoes at ₹70 per kg in Delhi from today. Here's how

₹70 per kilogram through the Open Network for Digital Commerce (ONDC) in Delhi starting today, Saturday, July 22, said T Koshy, managing director of the government-backed platform. Sources informed the news agency ANI that the government’s agricultural marketing agencies – the National Cooperative Consumers' Federation of India (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED) – were in talks with the ONDC to implement the subsidized rate of tomatoes in the national capital. Currently, e-commerce companies are providing doorstep delivery at about ₹170-180 per kg. The sharp rise in tomato prices was reported across the country and is not just limited to a particular region or geography.

22.07 / 01:47

Citi country end Any nuclear attack will result in the end of the North Korean regime, warns South Korea

South Korea has warned North Korea that any nuclear attack from the latter's side would mean an «end» of the Kim Jong Un-led regime, Yonhap News Agency reported on Friday. Seoul's warning has come after Pyongyang had said the deployment of a US nuclear-capable submarine and other strategic assets here could meet the conditions for its use of nuclear arms.

22.07 / 01:47

Citi Ripple Manufacturing Platform Apple performer Apple may ship out record 8-9 million iPhones in 2023

Apple is likely to end the year with a record 8-9 million iPhone shipments, compared with 6.7 million in 2022. Sales in the first half of the calendar year have almost doubled to about 4 million from the year-ago period, bucking tepid demand in the overall market, which is expected to be flat or grow marginally this year. Market trackers expect Apple to achieve its best-ever market share of 6-7% by the end of 2023, riding on the back of its strongest performance in the first half of year.

22.07 / 01:47

Citi Pool Trump Donald Trump's trial in Classified Documents case to begin on May 20 next year

Trump in the Classified Documents case will start on May 20 next year, after the federal judge overseeing the matter set the date on Friday, New York Times reported. Notably, this is a sort of middle position between the US government's request to go to trial in December this year and Trump's desire to push the proceeding until after the 2024 election.

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