Citi Financial News

18.07 / 11:09

UPS Citi Microsoft JPMorgan Action Morning Coffee: Bank that closed business wants to do it again, more cheaply. No one works at 4pm now

Nomura has a reputation. The bank is forever trying to refute this, but sometimes actions speak larger than words and Nomura's actions tend to have a reinforcing effect. The Japanese bank is known for getting in and out of businesses. Every bank does it, but Nomura possibly more than most, and now it's doing it again.

18.07 / 10:43

COST Citi FIVE Progressive Strategy Forrester IGO’s stricken Western Areas assets face year-long, $275m blowout

IGO, the West Australian nickel and lithium miner that slashed almost $1 billion from the value of assets it acquired from Western Areas, faces a year-long delay and a $275 million cost blowout on that project.

18.07 / 10:43

COST Citi Provident Aware Rescue Future Commonwealth Games future in doubt as other states rule out rescue

Australia’s major state governments have ruled out offers to salvage the 2026 Commonwealth Games, putting the tournament at risk of cancellation for the first time since World War II.

18.07 / 10:25

Citi Waters Extreme Remark Orange Maharashtra news: IMD issues alert for heavy to very heavy rains on 19 July in THESE areas

Indian Meteorological Department (IMD) has cautioned about the likelihood of isolated instances of 'extremely heavy' precipitation in the Konkan region on 19 July, which corresponds to a staggering amount of over 204.4mm of rainfall in a single day. “A low-pressure area is developing in the Bay of Bengal, which will strengthen the offshore monsoon trough near Maharashtra.

18.07 / 09:59

UPS Citi Twitter Metro Discover Days after Bastille Day Parade, Anand Mahindra calls Paris ‘best walking city in the world', Netizens react

Mahindra Group chairman Anand Mahindra have been an active social media user wherein he shares witty tweets, human interest stories, funny videos, offbeat posts to motivate and inspire his followers 10.6 million followers. In a recent tweet, Mahindra has called Paris best ‘walking’ city in the world. He further added that the city hasn't lost any of its magic and He called every corner, every store window in the city mysterious and surprising.

18.07 / 09:59

Citi Provident Highways committee Expert committee to conduct safety inspection of Bengaluru-Mysuru expressway

New Delhi: The National Highways Authority of India (NHAI) has constituted a committee of experts to carry out safety inspection of the Bengaluru-Mysuru Access Controlled Highway. The committee is currently visiting the site and will conclude their study by 20 July. It will submit the report within 10 days after the conclusion of the visit, the ministry of road transport & highway said.

18.07 / 09:53

Citi FIVE Reuters licence Court declines to entertain Absolut & Glenlivet-seller Pernod appeal to renew liquor sale licence in Delhi

Pernod Ricard's plea seeking a renewal of its liquor sale licence in New Delhi, marking the latest legal setback in the French giant's attempt to restart sales in the city, news agency Reuters reported on Tuesday.India's federal financial crime agency Enforcement Directorate has accused the company of illegally making profits by giving false information to Delhi city authorities in 2021, and violating rules by financially supporting retailers in exchange for stocking more of its brands. Pernod has repeatedly denied wrongdoing.

18.07 / 09:29

Citi Manufacturing Parke Welspun One’s second warehousing-focused fund raises ₹1,000 crore

₹1,000 crore within four months of launching its second fund. The company also announced a green shoe option to raise an additional ₹1,000 crore.

18.07 / 09:29

Citi Target FIVE Digital Aware Platform Persona Mumbai Tim Hortons treats, beverages to be available at doorstep in Mumbai via Zomato from next month

Also read: Zomato rolls out food trends platform for restaurant partners Before its launch, Tim Hortons focused on creating awareness through digital channels, especially social media, to target specific sections of the audience and establish a lifestyle brand persona. Tim Hortons has already introduced nine stores in the National Capital Region (NCR), two in Mumbai, and six in Punjab and has ambitious plans to further expand to Pune and Bengaluru.

18.07 / 09:29

UPS Citi MET Action Airlines Align The Best of Frenemies: Saudi Crown Prince Clashes With U.A.E. President

reliance on oil, he is pushing companies to move their regional headquarters to Riyadh, the Saudi capital, from U.A.E.’s Dubai, a more cosmopolitan city favored by Westerners. He’s also launching plans to set up tech centers, draw more tourists and develop logistical hubs that would rival the U.A.E.’s position as the Middle East’s center of commerce. In March, he announced a second national airline that would compete with Dubai’s highly ranked Emirates.

18.07 / 09:29

COST UPS Citi FIVE BLOCK Simulation An all-out strike brings Hollywood to a halt

Alliance of Motion Picture and Television Producers (AMPTP), the negotiating body for the studios, expired on June 30th, but the sides decided to extend negotiations until July 12th. No deal was reached. On the first morning of the strike, picket lines in Los Angeles and New York swelled with performers.

18.07 / 09:13

Citi Provident Parke Adani Sportsline wins bid to operate sports parks along Ahmedabad's Sabarmati Riverfront

Adani Group's sports division, Adani Sportsline, has announced that it has won the transparent and competitive bid for the management and upkeep of the 44,543 square meter Sabarmati Riverfront sports parks on the east and west sides of Ahmedabad. The Sabarmati Riverfront Development Corporation has created sports parks as part of the Smart Cities initiative to provide top-notch training and facilities with the amenities needed for competitive sports. These sports parks are equipped with jogging tracks, gymnasiums, cricket fields, basketball, volleyball, and tennis courts, as well as children's play areas and skating rinks.

18.07 / 09:13

Citi FIVE Waters Delhi flood: Two of five jammed gates of ITO barrage opened so far

ITO barrage have been opened so far as the Delhi government makes an effort to get rid of waterlogging in parts of the city. Of the 32 gates of the barrage, five were jammed due to silt accumulation, hindering the quick drainage of river water.

18.07 / 09:13

UPS Citi Discover Rescue Restaurant in Delhi's South Extension loses license after safety problems crop up during fire rescue

Delhi Fire Service (DFS) this week suspended the license of a restaurant in the city's South Extension area after fire-fighters rescued ten individuals trapped inside an elevator in the building. The incident occurred around 12:45 am on Sunday when patrons attempted to reach the ground floor of the building after leaving a club on the third floor.

18.07 / 08:37

Citi Provident Manufacturing Parke Welspun One Logistics Parks’ second warehousing-focussed fund raises Rs 1,000 crore

Welspun One Logistics Parks (WOLP) on Tuesday said it has raised Rs 1,000 crore within four months of launching its second warehousing-focussed fund. The company also announced the opening of its “green shoe” option to raise an additional Rs 1,000 crore.

18.07 / 08:35

COST UPS Citi Extreme Apple NOT Not just tomatoes; coriander, ginger, garlic, and even chillies are burning consumers' kitchen budgets

tomatoes that are burning consumers' kitchen budgets. Soaring prices of staple items like coriander, ginger, garlic, beans, and even chillies are giving consumers the chills. Coriander, a bunch of which is almost taken for granted by people, is now being sold at Rs 220 per kg in city markets.

18.07 / 08:35

Citi BLOCK Cooper Mobile Parke Metro Buy tomatoes at Rs 80/kg: All the locations where the government is selling subsidized tomatoes

mobile vans at a discounted rate in a bid to alleviate household pressures brought about by the skyrocketing price of the essential vegetable. Starting July 16, prices of tomatoes have been reduced to Rs 80 per kilogram — ten rupees less than before — and are being sold in mobile vans in the Delhi-NCR region, as well as other cities, which were added to the list on Saturday.

18.07 / 08:27

UPS Citi Parke PM Modi inaugurates new integrated terminal building of Port Blair airport

₹707.73 crore. 'Till now the existing terminal had the capacity to handle 4,000 tourists, and the new terminal has taken this number to 11,000 and 10 planes can be parked at any given time on the airport now," PM Modi said.

18.07 / 07:47

UPS Citi Aviat 'Best walking city in the world.' Anand Mahindra in awe of magical Paris, days after Bastille Day celebrations

Anand Mahindra, who reached Paris last week for the Bastille Day celebration, is busy exploring the streets of the city of love. Taking to social media, the Mahindra Group Chairman dedicated an adorable note to the fashion capital of the world. The 69-year-old — who has been exploring the city on foot — realised that «Paris hasn't lost any of its magic.» In his thoughtful post, the auto boss called Paris the best 'walking city' in the world.

18.07 / 07:25

UPS Citi Digital CNY Shenzhen, China: 36m Digital Yuan Wallets Opened So Far – CBDC Pilot Gathers Pace

The Chinese city of Shenzhen says its residents have opened almost 36 million digital yuan wallets, as the nation’s central bank digital currency (CBDC) pilot breaks new ground.

18.07 / 07:15

Citi Action Fighting Insignia Indian Marching in Bastille Day Parade tribute to sacrifices of Indian soldiers in World War I, says Captain Aman Jagtap

Aman Jagtap told the rank and file of an Indian Army contingent led by him, shortly before it stepped on the magnificent Champs-Elysees in the heart of Paris to participate in the Bastille Day Parade. An Indian tri-services contingent took part in the historic military parade on July 14, with Prime Minister Narendra Modi as the guest of honour. Three Rafale fighter jets of the Indian Air Force, along with French fighter jets, joined the flypast.

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