Citi Financial News

12.07 / 10:29
UPS Citi Provident Target Mobile Rise in serious crimes like rape, murder in capital: Delhi Police
National capital Delhi has seen an increase in serious crimes like rape and murder over the last six months, data provided by the Delhi Police showed. It also shows an increase in theft by interstate gangs who target cars, mobile phones and vehicles in the city.
12.07 / 10:09
Citi Waters Section 144 imposed in Delhi as Yamuna passes danger mark, city braces for flood
Disaster Management Authority issued an advisory asking people to move to safer places and cautioning them against passing through low-lying areas. Section 144 CrPC prevents unlawful assembly of four or more persons and public movement in groups.
12.07 / 09:41
UPS Citi Twitter Waters Centre NOT Yamuna water level: 'Not good news for Delhi', says CM Arvind Kejriwal; urges Centre to intervene
Arvind Kejriwal has written a letter to Central Water Commission, a government body to take urgent measures to mitigate the imminent crisis. Taking to Twitter, Kejriwal wrote, "Central Water Commission predicts 207.72 meter water level in Yamuna tonight. Not good news for Delhi.
12.07 / 09:41
Citi Reuters Gap After Koran burning in Sweden, UN approves Pakistan-led motion on religious hatred
Reuters. Though the resolution was opposed by the United States and the European Union who opined that it would conflict with their view on human rights and freedom of expression.
12.07 / 09:11
UPS Citi Provident Waters Aware Action Raging Yamuna swells to record level in Delhi
Yamuna in Delhi swelled to 207.55 metres on Wednesday, breaching its all-time record of 207.49 metres set in 1978, government agencies said on Wednesday. According to the Central Water Commission's (CWC) flood-monitoring portal, the water level at the Old Railway Bridge crossed the 207-metre mark at 4 am, the first time since 2013, and rose to 207.55 metres by 1 pm. The river is likely to rise further, an official of the irrigation and flood control department said. As a precautionary measure, the Delhi Police imposed section 144 CrPC in flood prone areas of the national capital on Wednesday, officials said. Section 144 CrPC prevents unlawful assembly of four or more persons and public movement in groups. Delhi recorded a rapid increase in the Yamuna water level over the last three days.
12.07 / 09:11
Citi Lowe's Waters Remark Orange Marvell Massive shelf cloud formation captivates Haridwar amid heavy rains in North India
North India, a remarkable sight unfolded in Haridwar, Uttarakhand. The holy city recently saw a massive shelf cloud which got captured in a viral video. The video was shared by Anindya Singh, spanned the sky in a broad arc, leaving viewers in awe.
12.07 / 08:33
Citi Waters Delhi floods: Yamuna records highest-ever water level at 207.55 metres; CM Arvind Kejriwal calls emergency meeting
Arvind Kejriwal has called for an emergency meeting on rising level of Yamuna in city, officials said as reported by news agency PTI. The meeting will be held at the Delhi Secretariat where senior officers of all departments concerned will be present, said a Delhi government official told PTI. The Delhi police has also imposed section 144 CrPC as a precautionary measure in the flood-prone areas in Delhi.
12.07 / 08:15
UPS Citi Provident Google Forbes Browser hospital Singapore Billionaire Peter Lim's Thomson Medical To Buy Vietnam Hospital Operator For $381 Million
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12.07 / 06:53
Citi Provident Citizens Fighting Assurant NOT NATO prepared to back Ukraine in its fight against Russia - but not to extend membership
NATO leaders gathered Wednesday to launch a highly symbolic new forum for ties with Ukraine, after committing to provide the country with more military assistance for fighting Russia but only vague assurances of future membership. U.S. President Joe Biden and his NATO counterparts will sit down with Ukrainian President Volodymyr Zelenskyy in the new NATO-Ukraine Council, a permanent body where the 31 allies and Ukraine will sit as equals and be able to call crisis talks.
12.07 / 06:25
COST Citi Provident CEO Parke Enzyme Office Spaces adds 1 lakh square feet of managed workspace in Whitefield, Bengaluru
Enzyme Office Spaces, a Bengaluru-based premier plug-and-play office solutions provider, has leased 1 lakh square feet of office space in Whitefield, Bengaluru. The managed workspace will have over 2,000 seats with state-of-the-art infrastructure to fulfil the burgeoning demand for managed workspaces in the city.Ashish Agarwal, Co-founder & CEO of Enzyme Office Space, said, “As an organisation which is committed to fulfilling the evolving requirements of occupiers, we have been at the forefront of developing state-of-the-art managed workspaces at key locations across the city.
12.07 / 05:25
Citi FIVE Manufacturing CEO Strategy Metro Sony Shark Tank India sees over ₹100 crore investments in the deals so far: Redseer
reality show, that first aired in 2021 on Sony Television has witnessed more than ₹100 crore of investment in the deals, including seasons 1 and 2. Redseer Strategy Consultant's latest report mentioned that 27 startups successfully secured funds from external investors with a current valuation of 2.5X that of Shark Tank season 1 valuation. "Most startups that appeared on the show secured deals 6 times greater in value from outside investors within a span of 1.5 years.
12.07 / 05:25
Citi IPO Booking Platform Senco Gold IPO: What GMP signifies after finalisation of share allotment
subscription in total. The public issue was subscribed 16.28 times in the retail category and 190.56 times in the Qualified Institutional Buyers’ (QIB) category. The Non-Institutional Investors’ (NII) portion was booked 68.44 times.
12.07 / 05:01
COST Citi Provident Target Hot Stocks: Brokerage view on RIL, Pidilite, Titan, UltraTech Cement and Ramco Cement
RIL, Citi downgraded Pidilite Industries to sell, Nomura downgraded UltraTech Cement to neutral, and Investec initiated a buy rating on Indian Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on RIL: Overweight| Target Rs 3210 Morgan Stanley maintained an overweight rating on RIL with a target price of Rs 3210. Starting to monetize multiple investments, simultaneously still deploying capital in new areas. The narrative will shift from earnings positively to an upgrade cycle.
12.07 / 04:35
UPS Citi Provident Waters Aware Action Time Raging Yamuna nears all-time record level in Delhi
Yamuna river in Delhi swelled to 207.25 metres and was flowing precariously close to the all-time record level of 207.49 metres reached in 1978, government agencies said on Wednesday. According to the Central Water Commission's (CWC) flood-monitoring portal, the water level at the Old Railway Bridge crossed the 207-metre mark at 4 am, the first time since 2013, and rose to 207.25 metres by 8 am on Wednesday. It is expected that the river will rise to 207.35 metres by 12 noon on Wednesday and continue to rise further, an official of the irrigation and flood control department said.
12.07 / 03:25
Citi FIVE Schools Schools shut for next 2-3 days in these states owing to continuous rainfall, Kanwar Yatra
weather forecast predicts light to moderate rainfall with isolated heavy to very heavy rainfall in Uttarakhand over the next five days and in Uttar Pradesh over the next two days. Himachal Pradesh, Punjab, Haryana, and Chandigarh are expected to experience a significant reduction in rainfall from Tuesday, July 11, 2023, according to the weather department, reported Economic Times.
12.07 / 02:59
Citi Provident Lowe's Progressive Fighting Boeing inflation data Dollar slides ahead of US inflation data, sterling hits 15-month peak
dollar sank to a two-month low against its major peers on Wednesday in the lead-up to a key U.S. inflation reading, while sterling scaled a 15-month top on expectations the Bank of England (BoE) has further to go in raising rates. U.S.
12.07 / 02:59
UPS Citi Manufacturing Strategy Metro valuation Shark Tank India Trends: Season 1 startups' valuation soars 6x with external investors; Aman Gupta 'most active' shark
Shark Tank catapulted businesses forward in valuation with most startups (that appeared on the show) securing deals six times greater in value from outside investors within a span of 1.5 years, highlighted a report by Redseer on Wednesday. Following up on companies that either secured a deal or were rejected on Shark Tank season 1, the Redseer strategy consultants found that 27 startups successfully secured funds from external investors regardless of whether they scored a deal, dropped out, or got rejected on the show.
12.07 / 01:35
COST UPS Citi Digital CEO Chase Swiggy flipped its focus to growth, says food biz CEO Rohit Kapoor
Rohit Kapoor, chief executive of Swiggy's food delivery business, said he had shifted his focus back to growth over the past few months, instead of profitability, which is what he’d chased since joining the firm nearly a year ago. He said he doesn’t have the ‘luxury’ to choose between growth and profitability and is trying to balance both. Kapoor, who was the global chief marketing officer at Oyo before joining Swiggy last August, told ET that both growth and profitability are significant for Swiggy, and the food business can expand by around 20% annually.
12.07 / 00:03
COST UPS Citi Provident Aware Manufacturing World Paper Bag Day 2023: Date, theme, history, significance and other important details
Few years back, plastic bags were everywhere, from grocery stores to retail businesses, but as they pose significant threat to our beloved mother Earth, a strong movement gained momentum against the uses of plastic bags as they not only take hundreds of years to decompose but also cause harm to wildlife, pollute oceans and landscapes causing long-term damage to our ecosystems.  The movement promoted eco-friendly alternatives to plastic bags. Here comes the eco-friendly Paper Bags manufactured from sustainable materials and are simple to recycle. They provide a green option for carrying and packaging goods.
11.07 / 22:15
UPS Citi Williams Career Apple 'The Super Models': Apple TV+ unveils new documentary. See its release date
The Super Models," which features Naomi Campbell, Cindy Crawford, Linda Evangelista and Christy Turlington. Mark your calendars for September 20, when this captivating documentary series will premiere exclusively on Apple TV+. Directed by Academy Award-winner Roger Ross Williams and Larissa Bills, the documentary has been produced by Imagine Documentaries and One Story Up.
11.07 / 20:49
COST UPS Citi Gap India plans LNG terminal in Iraq
NEW DELHI : India is planning to build a liquefied natural gas (LNG) terminal in Iraq as it looks to diversify supplies and strengthen its energy security, a government official said. The terminal will liquify some portion of the gas currently flared by Iraq and transport it to India, where it will be converted back to LNG for use in city gas distribution as well as power, fertilizer, and steel sectors. A team from state-run Indian Oil Corp.

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