Citi Financial News

14.07 / 16:49

UPS Citi IPO Man Metro BELA Mufti-owner Credo Brands Marketing files draft papers with Sebi for IPO

Credo Brands Marketing, the owner of apparel wear Mufti Jeans has filed draft papers with market regulator Sebi to raise funds through an IPO. The IPO is a completely an offer for sale (OFS) of up to 19.63 million shares by promoters and other selling shareholders. The OFS comprises up to 4.14 million shares by Kamal Khushlani, up to 4.27 million shares by Poonam Khushlani, up to 1.08 lakh by Sonakshi Khushlani, up to 1.08 lakh shares by Andrew Khushlani, among others.

14.07 / 16:21

UPS Citi Target Cooper VISA Interface 'Agreed to launch India's Unified Payment Interface in France', says PM Modi

Make in India and Aatmanirbhar Bharat, said Prime Minister Narendra Modi on 14 July while addressing the gathering at Élysée Palace in Paris. He also added that India has agreed to launch India's Unified Payment Interface in France. "We have agreed to launch India's Unified Payment Interface in France," PM Modi said at the Élysée Palace.

14.07 / 16:21

UPS Citi Provident Target PEP Manchester City identifies replacement for Kyle Walker amidst Bayern Munich transfer rumors

Kyle Walker, who is said to have agreed to personal terms with Bayern Munich. The Premier League champions have already lined up a possible replacement, with Benjamin Pavard from Bayern Munich emerging as their top choice.

14.07 / 16:21

Citi Provident Fighting Southern Battlefield Wagner Russia’s Putin Moves to Dismantle Wagner Paramilitary Group

Russian President Vladimir Putin said the Wagner paramilitary group led by Yevgeny Prigozhin “simply doesn’t exist," as he moves to dismantle an organization that was critical to Moscow’s war effort in Ukraine before it turned on the Russian establishment in a short-lived mutiny last month. Putin’s comments, in an interview published late Thursday in Russian newspaper Kommersant, came days after Russia’s Defense Ministry said it had taken control of Wagner tanks, artillery and guns after its involvement in the biggest challenge to Putin in his 23 years in power.

14.07 / 15:41

Citi MET Disney Career CEO Fran Drescher SAG speech: Fiery Sitcom star takes on Netflix, Disney, Paramount

Fran Drescher has captured the nation with her passionate address from Los Angeles. In her address, Drescher branded streaming giants such as Netflix, Disney, and Paramount as «disgusting,» accusing them of lavishing hundreds of millions on their CEOs. Her speech, which quickly went viral, epitomizes the broader labor disputes unfolding worldwide.

14.07 / 15:37

Citi Lowe's FIVE Digital CEO Strategy Citigroup Why Citigroup's shift to wealth management is a risky bet

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14.07 / 14:25

Citi Provident Twitter Citizens Waters Action infection Mumbai Hansal Mehta complains of severe stomach infection, Snapdeal founder Kunal Bahl says he got it too after Mumbai trip

A day after film-maker Hansal Mehta complained of a severe stomach bug, entrepreneur-turned-investor Kunal Bahl revealed that he fell prey to it too last week in Mumbai. Taking to Twitter, the Snapdeal founder quote-tweeted Mehta's post and said he got a severe infection to last week after a trip to Mumbai. Despite a full course of antibiotics, he has been still suffering from the bug.

14.07 / 13:41

UPS Citi Progressive Manufacturing Remark Stanley Furniture ties up with Shivalik Group to launch luxury furniture stores in Gujarat

Ahmedabad (Gujarat) [India], July 14: Shivalik Group, a prominent real estate developer based in Ahmedabad, has partnered with Stanley Furniture, the premier fully integrated luxury furniture manufacturer in India, to introduce exquisite furniture stores in Gujarat. Shivalik Group's first Stanley Furniture store, spanning an impressive 7,500 sq ft, was inaugurated on Sindhu Bhavan Road in Ahmedabad on Friday, July 7. The store showcases an extensive collection of top-tier sofas, wardrobes, beds, mattresses, cabinets, and more, offering buyers a comprehensive range of high-end home furniture and complete home solutions.

14.07 / 13:41

Citi Twitter Yellow Mumbai Mumbai rains make a comeback, IMD issues ‘yellow’ alert

Marg S.V road," Mumbai Traffic Police said on Twitter. A spokesperson of the Brihanmumbai Electricity Supply and Transport, also known as BEST, said the transport body diverted its buses on around half a dozen routes due to a tree fall incident near Sadhana Vidyalaya at Sion.

14.07 / 13:35

Citi CEO Metro Dalmia Nisus Finance invests in Treasure Group’s Indore project

Dalmia Nisus Finance Investment Managers LLP has invested over Rs 25 crore in a premium plotted development project of realty developer Treasure Group through its Real Estate Credit Opportunities Fund – I (RECOF-I). The project, Treasure Hills, is being developed in Madhya Pradesh’s Indore and the investment has been made through the Rs 500 crore fund that primarily invests into structured credit and mezzanine investments across the residential space in India. “This marks our foray into tier II cities and non-megapolis locations, which are witnessing unprecedented demand and offer huge upside and returns to our investment portfolio,” said Amit Goenka, MD & CEO Nisus Finance.

14.07 / 13:35

Citi Action HC grants interim stay on investigation by EOW against Morgan Securities and its promoters

Bombay High Court (HC) granted interim stay on the investigation against Morgan Securities and Credits Pvt. Ltd. and its promoters in an FIR registered by the city police.

14.07 / 13:21

Citi Provident SEC CEO Pool bail NOT Former Celsius CEO Alex Mashinsky Pleads Not Guilty, Bail Set At $40 Million

A U.S. District Judge has set the bail for the former CEO of Celsius Alex Mashinsky at $40 million.

14.07 / 13:15

UPS Citi Extreme Nestle Cardiovascular WHO says Aspartame is 'possibly carcinogenic.' What does that mean?

World Health Organization agencies released their findings on aspartame, the artificial sweetener found in thousands of sugar-free products like diet sodas, chewing gums, yogurts and energy drinks. The organization's International Agency for Research on Cancer classified aspartame as possibly carcinogenic to humans. A separate group, the Joint Expert Committee on Food Additives, said that there was not convincing evidence of a link between aspartame and cancer in humans and that people could still safely consume the sweetener in moderate amounts.

14.07 / 13:15

Citi FIVE Progressive CEO Maharashtra govt accords final nod for Adani Properties’ Dharavi redevelopment project

Maharashtra has accorded the final approval to the much-awaited redevelopment of Asia's biggest slum, Dharavi, spread over 600 acres of prime land in the heart of the country's commercial capital, Mumbai. In November 2022, Adani Properties, the real estate development company owned by Gautam Adani-led Adani Group, had emerged as the highest bidder to bag the rights to redevelop the slum.

14.07 / 12:47

Citi Microsoft JPMorgan coinbase UBS AT&T Stocks making the biggest moves premarket: AT&T, Microsoft, JPMorgan, Citi and more

Check out the companies making headlines in premarket trading.

14.07 / 12:47

COST Citi Lowe's CEO Citigroup Citigroup posts better-than-expected earnings and revenue, shares rise

Citigroup shares rose in premarket trading on Friday after the bank reported second-quarter earnings and revenue that topped expectations.

14.07 / 12:21

UPS ETH Citi BTC ETF Extreme Bitcoin Holdings Financial NYC Mayor Eric Adams To Amend Financial Disclosure After He Failed to List off BTC, ETH Holdings

New York City crypto-friendly mayor Eric Adams has mistakenly responded “no” to whether he held any securities including cryptocurrencies, in his annual financial disclosure form.

14.07 / 12:15

Citi Lowe's Man SUN Mobile Killing China executes kindergarten teacher who poisoned 25 of her students, killing 1

China said on Friday a Chinese kindergarten teacher who had poisoned 25 of her students, killing one, has been executed. A notice posted outside the No. 1 Intermediate Court in the Henan province city of Jiaozuo said Wang Yun's sentence had been carried out on Thursday.

14.07 / 12:05

COST UPS Citi Pool Remark The Rise of Luxury Housing: How millennials are fueling demand

Millennials want it all. High-end finishes, the rooftop deck, and the smart home technology that lets you control everything from your phone. Admit it, you’ve fantasized about living in one of those luxury apartment towers popping up in cities across the country. Turns out you’re not alone. There’s a whole generation fueling the demand for luxury housing, i.e., Millennials.

14.07 / 12:01

UPS Citi FIVE Manufacturing Platform Gap India’s office sector sees institutional investments worth $1.8 bn in Apr-Jun: Report

New Delhi: India’s office real estate sector saw record institutional investments of $1.8 billion in second quarter of 2023, the highest for the past 10 quarters, according to Colliers’ data. The investment marks a 2.5 times year-on-year increase for H1 2023, bringing the total to $2.7 billion.Making up a substantial 74% of investment inflows for H1 2023, the office sector outstripped the residential sector, which attracted just 12%.

14.07 / 11:33

COST UPS Citi Platform MCA allows merger of multiple user IDs for professionals

New Delhi: The corporate affairs ministry has allowed professionals like chartered accountants, company secretaries and cost accountants to merge multiple user IDs that they may have created inadvertently to use the revamped version of the corporate reporting platform MCA21 without any hassle. The ministry said in an order that it has noticed many professional members of the Institute of Chartered Accountants of India (ICAI), the Institute of Cost Accountants of India and the Institute of Company Secretaries of India (ICSI) have created multiple user IDs while transacting on the earlier version of the portal.

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