Citi Financial News

23.11 / 10:53
Citi Booking Netflix Discover film Videos Interviews ‘One Hundred Years of Solitude’: The challenges of adapting Márquez
Subscribe to enjoy similar stories. Colombian author Gabriel García Márquez’s novel One Hundred Years of Solitude is considered a literary masterpiece in the magical realism style. The 1967 Spanish language novel, which tells the story of seven generations of the Buendia family, has now been adapted into an 16-episode (over two seasons) Netflix series, premiering on 11 December.
23.11 / 07:39
Citi Fighting security Election Sony Colleges Chhattisgarh bypoll: BJP's Sunil Soni leading by 20,629 votes in Raipur City South seat
Sunil Kumar Soni was leading by 20,629 votes over his Congress rival Akash Sharma in the Raipur City South assembly bypoll after the 10th round of counting of votes, officials said on Saturday.
23.11 / 05:11
Citi Election WhatsApp reports Delhi air quality: Capital city slips back into hazardous category, re-enters 'severe' zone with Saturday AQI at 420
air quality index (AQI) reached 420, placing the city firmly in the 'severe' category. This concerning dip follows a brief respite from the hazardous air pollution that has plagued the capital for weeks.
23.11 / 03:51
Citi Election WhatsApp wellness Videos peace Maharashtra polls: No victory processions allowed in Chhatrapati Sambhajinagar on Saturday
Chhatrapati Sambhajinagar have banned victory processions on Saturday when the results of the state assembly elections will be declared.
22.11 / 22:59
UPS Citi pandemic covid19 show rock Atlantic City casino earnings fall nearly 14% in 3rd quarter
Atlantic City’s casinos saw their operating profits decline by nearly 14% in the third quarter of this year
22.11 / 20:17
Citi FIVE BLOCK Freedom social Courts rights Pat King found guilty of mischief over ‘Freedom Convoy’ role
Pat King, one of the most prominent faces of the 2022 “Freedom Convoy,” was on Friday found guilty on five counts, including on charges of mischief and disobeying a court order, in an Ottawa court.
22.11 / 17:47
markets Citi Target Action Strategy show blues How Delhi can learn from Beijing & London to combat air pollution
As a Tsinghua University graduate student in Beijing, I couldn't help but reflect on how the city had faced a similar crisis not too long ago. Its infamous 'airpocalypse' seemed overwhelming. Yet, Beijing transformed its skies from grey to blue, setting a compelling blueprint for reform. Cities like Beijing — and London — have shown that with political will, change is possible. Beijing reduced PM2.5 levels by over 50% between 2013 and 2017. A 3-year action plan, 'Blue Sky War', targeted pollution at its source. Coal consumption was reduced through cleaner natural gas, shutting down coal-fired plants and relocating polluting industries. Stricter emission standards were enforced for vehicles and factories, alongside aggressive EV promotion and public transport subsidies.
22.11 / 13:57
UPS Citi Progressive CEO Parke awards Mahindra Lifespaces, Sumitomo Corp extend industrial clusters partnership
Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has extended its partnership with Japan’s Sumitomo Corporation for the second phase of their joint industrial parks project in Tamil Nadu. The company, through its subsidiary Mahindra World City Developers (MWCDL), has entered into a supplemental agreement that involves an investment of around Rs 225 crores by MWCDL and Sumitomo Corporation in Mahindra Industrial Park Chennai Ltd (MIPCL), in proportion to their existing shareholding. The joint venture agreement was originally signed in 2015. “The partnership with Sumitomo Corporation, reflects our commitment to fostering progress and enabling industries to thrive sustainably,” said Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers.
22.11 / 13:21
markets Citi Digital awards Experts PAM electronic Premium products drive growth in consumer electronics despite sluggish volume sales: NielsenIQ
premium products, said market researcher NielsenIQ. “This growth is fuelled by the shift toward connected, feature-rich appliances and smartphones, with a clear preference for products that offer both convenience and long-term value," said Anant Jain, head of customer success in tech and durables at NielsenIQ. He said the festive period also contributed to the growth, with more consumers timing their purchases to benefit from promotions and special offers. There was a recovery in sales volume in October due to festive demand. As per NielsenIQ, the four weeks of the festive period till Diwali drove 13% value sales growth and 8% volume growth.
22.11 / 08:25
markets UPS Citi Aviat Airlines Ames International Air India to set up Aircraft Maintenance Training Institute in Bengaluru
Air India is setting up an aircraft maintenance training institute in Bengaluru that will offer an integrated 2+2 years aircraft maintenance engineering (AME) programme certified by aviation regulator Directorate General of Civil Aviation (DGCA). The purpose-built basic maintenance training organisation (BMTO), spread over 86,000 square feet at Bengaluru Airport City, is expected to be operational by mid-2026, Air India said in a release. The country’s leading global airline group has signed an agreement with Bengaluru Airport City Ltd (BACL), a subsidiary of Bangalore International Airport Ltd (BIAL), to develop a build-to-suit facility for the AME programme that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers.
22.11 / 07:29
markets Citi Strategy awards Uniqlo Experts Interviews Uniqlo plans to expand production and sourcing in India
Uniqlo plans to expand production and sourcing in India to meet global demand. The company currently sources 15.5% of its products for Indian stores locally. «For our India stores, we are sourcing about 15.5% of our requirements locally but the share is higher for exports and the strategy is to keep sourcing more,» said Kenji Inoue, Uniqlo India's COO and CFO, in an interview to ToI. Items like T-shirts and heattech clothing are already being sourced from India for Uniqlo's global stores. Inoue believes India's growing middle class and their demand for quality products makes it a key market for the brand.
22.11 / 07:05
Citi Booking show performer concert information Coldplay concert sends hotel prices in Ahmedabad soaring: Guest told to pay Rs 16K to ‘preserve reservation’
Music of the Spheres World Tour 2025 to Mumbai and Ahmedabad this January. As anticipation builds for the band’s long-awaited performances, hotel rates in both cities have surged. In Ahmedabad, one hotel has even threatened to cancel bookings unless guests agree to pay the inflated prices. A guest who had reserved a stay at Itsy Hotels Shree Krishna Palace in Ahmedabad from January 24 to 26 was taken aback when the hotel requested that he pay the increased rates to maintain his reservation. The hotel, eager to host the guest, informed him that he would need to pay an «adjusted rate» exceeding Rs 10,000 due to «market conditions» resulting from the Coldplay concert. “All in for capitalism but asking increased rate for a booked stay. That’s new," wrote Ashish Singh on X (formerly known as Twitter).
22.11 / 06:23
UPS Citi Assurant Trade President reports politician Mexico acknowledges Canada's concerns about a Chinese auto plant, but says none exists
Mexico's president has acknowledged that Canada is concerned about reports of a Chinese company's auto plant in Mexico, but she says it does not exist
22.11 / 04:17
markets UPS Citi Manufacturing BlackBerry love innovations Men in suits: Nikhil Nitin Mohan of Blackberrys Menswear
Subscribe to enjoy similar stories. It’s a delicate dance being brothers and running a multi-crore business together. Talking to Gurugram-based brothers Nikhil and Nitin Mohan, co-founders of Indian menswear brand Blackberrys Menswear, will leave you with the impression that they’ve worked out how to accomplish this quite adeptly.
22.11 / 00:35
Citi Booking Parke Research reports travelers Schools How the North is shaping India’s ‘smog economy’
Subscribe to enjoy similar stories. As the air quality index breaches hazardous levels all over the region, residents of Delhi-NCR and other major cities are working from home, while schools have already moved to online classes. Outdoor activities that usually rise in winter months, including dining out and shopping in high-street shopping districts, have fallen across major cities.
22.11 / 00:35
markets Citi Progressive Research show 2020 EV sales fall off a cliff in Delhi amid pollution emergency
Subscribe to enjoy similar stories. No incentive, won’t buy. That appears to be the message coming through from dismayed consumers in Delhi after the state government failed to renew road tax and registration benefits on electric cars and two wheelers this September.
21.11 / 22:17
markets Citi Digital Analysis trends Delhi tops polluted city list as air quality crisis persists in north India
The prominent pollutant was PM2.5-fine particles with a diameter of 2.5 micrometers or less, roughly the width of a human hair. These particles can penetrate deep into the lungs and enter the bloodstream, posing significant health risks, according to the Central Pollution Control Board.
21.11 / 19:29
Citi FIVE Bill show Inside reports Courts Casino workers who want smoking ended demonstrate in New Jersey
With their push to end smoking in Atlantic City’s casinos going nowhere fast in either the courts or the state Legislature, casino workers have demonstrated outside a hotel where New Jersey’s governor was due to speak
21.11 / 18:33
UPS Citi Art TELUS show pop International A new breed of property barons could hold the key to solving Canada's housing crisis
Ben Woolfitt has the perfectly rumpled look of a Canadian abstract painter of international renown. With his shock of white hair, black-rimmed glasses, green pants and a t-shirt that rides up over his belly when he sits at the kitchen table in his groovy, two-storey painter’s loft, it’s hard to imagine the artist hanging his easels anywhere else.
21.11 / 16:49
Citi Citizens Waters WhatsApp HANS reports Gurugram to face 12-hour water supply disruption on Friday; check timings & affected areas
Gurugram due to repair work of the master pipeline at Kadipur Chowk, as per a PTI report. Due to the repair work by the Gurugram Metropolitan Development Authority (GMDA), there will be a shutdown for 12 hours from the Basai Water Treatment Plant and Sector 16 Boosting Station on Friday, an official said. According to a statement issued by the GMDA, water supply will be affected in several areas of the city, including villages Basai, Kadipur, Sirhole, Chakarpur, Nathupur, Sikandarpur, Hans Enclave, Sectors 10A, 37, 34, 14, 16, 17, 18, and 15, and DLF Phase 1 to 4, among other places. In addition, there will be no water supply in Cyber City and Udyog Vihar Phase-I, II, III, IV and V, South City-I, Sushant Lok-II and MG Road, Surya Vihar (Dundahera), the notification said.

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