Citi Financial News

20.11 / 13:27

Citi Landmark Action security Apple President Freedom Hong Kong ex-publisher Jimmy Lai testifies he didn't ask Pence, Pompeo to take action against city

Former Hong Kong publisher Jimmy Lai is testifying in his defense at his landmark national security trial

20.11 / 11:13

markets Citi Extreme Strategy awards PAM travelers IndiGo to connect Chennai and Penang with direct flights from December 21

This new direct service between Chennai and Penang, caters to the growing demand for travel between the two cities, offering both business and leisure travelers a convenient and affordable option, IndiGo said in a statement.

20.11 / 06:01

UPS Citi Waters President Fishing International Belem, host of next year's climate talks, is Amazonian city plagued with pollution and violence

Belem, a bustling metropolitan area of 2.5 million people near the mouth of the Amazon River, is preparing to host COP30 next year

20.11 / 05:11

Citi CEO Strategy awards WhatsApp information Godrej buys 53-acre land in Kolkata to develop Rs 500 crore residential project

Godrej Properties Ltd has acquired 53-acre land in Kolkata to build a residential plotted development project that will have revenue potential of around Rs 500 crore. Godrej Properties is one of India's leading real estate firms. In a regulatory filing on Wednesday, the company informed that it has acquired about 53-acre land parcel in Joka, Kolkata. «The proposed project is estimated to have a development potential of 1.3 million square feet of saleable area comprising primarily residential plotted development with an estimated revenue potential of Rs 500 crore,» Godrej Properties said.

20.11 / 05:11

markets Citi Target Strategy Research wellness Schools Delhi Pollution: Coal plants' target miss to add to the deadly smog

About three-quarters of the coal-fired generators near major cities are set to miss a year-end deadline to install equipment to curb sulfur-dioxide emissions, according to people familiar with the matter, who asked not to be identified as the information isn’t public. If fully implemented, such systems could cut India’s emissions of the pollutant by almost two-thirds, benefiting air quality and public health, according to the Centre for Research on Energy and Clean Air. Sulfur dioxide breaks down into sulfates, which can account for almost a third of the particulate mass that forms India’s smog, according to Manoj Kumar, an analyst at the Finland-based research group.

20.11 / 00:47

markets UPS Citi JPMorgan Inside reports Citi bankers fear Vis Raghavan’s JPMorgan hiring aspirations are being unleashed

It will be a while before Vis Raghavan becomes a veteran at Citi, but after nearly six months as the US bank’s global head of banking and executive vice chair, he’s presumably at last about to exceed his notice period.

20.11 / 00:47

UPS Citi Man Trade reports rights Morning Coffee: HSBC's "thoughtful" layoffs have a sting in the tail. Asset managers ejecting non-investment staff

Can a job cut ever be «thoughtful»? If you're on the receiving end, maybe not — but this is what Michael Roberts, the man recently appointed to lead HSBC's corporate and institutional bank, said he was all about just a few weeks ago.

20.11 / 00:23

UPS Citi Manufacturing Software Metro Food International Slowdown? Here’s what rich Indians are spending on

Subscribe to enjoy similar stories. Maruti-Suzuki, India’s largest carmaker, told investors last month that demand for cars remained “muted" and that it was planning higher discounts to push sales. It is also pinning hopes on sales of premium cars in rural areas, as is Hindustan Unilever, the country’s largest mass consumer packaged goods firm.

19.11 / 21:41

Citi security students 2020 Schools Courts Founder of artificial intelligence company used by schools in Los Angeles, NYC, Atlanta is arrested

The founder of an artificial intelligence company that worked with large school districts nationwide has been arrested on fraud charges

19.11 / 20:53

markets Citi Digital Strategy wellness trends PAM NCR residents look for second home in the hills to escape smog

National Capital Region. Builders and brokers in cities like Dehradun, Kasauli, Rishikesh, Nainital and Shimla said many from NCR's middle-class, who cannot afford a luxury second home, have approached them in the past few days looking for properties that fit into their budgets. «The rising demand for second homes in serene locations like Kasauli and Rishikesh is a direct result of increasing pollution levels in the NCR. Homebuyers are seeking refuge in these destinations, drawn by their clean air, natural beauty, and peaceful environments,» said Amar Kapoor, founder of Terra Grande by Eldeco Group, which is developing vacation homes at Kasauli and Rishikesh.

19.11 / 16:59

markets Citi Digital Manufacturing CEO Experts reports Donald Trump seen picking Howard Lutnick for Commerce chief, Punchbowl reports

Trump is expected to pick Wall Street firm Cantor Fitzgerald CEO Howard Lutnick to serve as Commerce secretary, a Punchbowl reporter said in a post on X on Tuesday, without citing any sources. With Lutnick, Trump is tapping a long-time friend who backs the Republican's vision to bring manufacturing jobs back to the U.S. and promote the adoption of cryptocurrency. As co-chair of Trump's transition team, Lutnick had been seen for weeks as a possible candidate for a position in the Trump administration.

19.11 / 16:15

UPS Citi Booking Google social travelers Interviews Arthur Frommer, travel guide innovator, has died at 95

Travel writer Arthur Frommer, who revolutionized leisure travel for ordinary Americans with his guidebook “Europe on 5 Dollars a Day,” has died

19.11 / 16:15

Citi BLOCK Nov Justice country Courts politician Serbia's opposition is locked in a standoff with police as tensions rise over deadly roof collapse

Serbian opposition protesters have blocked a court house over a deadly roof collapse at a railway station in the country's north earlier this month, setting off a standoff with riot police

19.11 / 16:15

UPS Citi Food wellness Banner President country Thousands of UK farmers descend on Parliament to protest a tax they say will ruin family farms

British farmers have descending on Parliament to protest a tax hike they say will deal a “hammer blow” to struggling family farms

19.11 / 16:15

Citi Action security War country Investigations Germany's defense minister says damage to 2 Baltic data cables appears to be sabotage

Germany’s defense minister says officials have to assume that damage to two data cables under the Baltic Sea was caused by sabotage

19.11 / 15:57

markets Citi Digital Strategy Trade Department International Ten newly approved industrial cities to boost India's economic corridors: DPIIT

The Cabinet had in August, approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs 28,602 crore spanning across 10 states. “These industrial smart cities, represent the next generation of connected, self-sustaining hubs that will support local communities and elevate India’s global standing,” the Department for Promotion of Industry and Internal Trade (DPIIT) said in a statement on the eighth anniversary of four industrial corridors namely Amritsar-Kolkata Industrial Corridor (AKIC), Chennai-Bengaluru Industrial Corridor (CBIC), East Coast Economic Corridor (ECEC), and Bengaluru-Mumbai Industrial Corridor (BMIC).

19.11 / 12:53

markets Citi Digital Experts electronic Profiles CM, Dy CM pay respects to Pandit, SMK, Premji & NRN for building Bengaluru’s tech profile

Bengaluru’s reputation as a global technology hub, while speaking at the tech summit inaugural. Siddaramaiah recalled it was under the visionary leadership of SM Krishna in the early 2000s, that Bengaluru transformed with initiatives like Electronic City and IT parks, with the government laying the groundwork for the city's global tech reputation. “Today, Bengaluru is internationally recognized for its influence in software, biotechnology, aerospace, and advanced manufacturing, establishing itself as one of the fastest-growing cities worldwide,” the CM said.

19.11 / 12:53

markets Citi Target FIVE Enterprise Experts TS Suites by TableSpace Targets Rs 800 crore revenue by 2025, to enter newer cities

TS Suites, Table Space's premium, flexible workspace solution, expects to achieve Rs 800 crore in standalone revenue by December 2025, driven by solid enterprise interest. The firm recorded Rs 200 crore in revenue from January to September 2024, and sectors like BFSI, IT/ITeS, and consulting are looking for more managed office spaces. «We started the year with just four centres, and by November, TS Suites has expanded to over 11 centres across seven cities, offering approximately 8,000–10,000 seats spanning 500,000 sq. ft.,» said Karan Chopra, a cofounder of Table Space. «This momentum, driven by BFSI and tech clients, has positioned us as a top choice for enterprises seeking high-quality, scalable workspace solutions.»

19.11 / 12:53

markets Citi Provident Digital Gap Strategy reports Bengaluru Rising report would help make better policies, says IT/BT Minister Kharge

IT/BT Minister Priyank Kharge on Tuesday said Bengaluru’s emergence as a clear leader was not just a testament to its potential, but a call to build policies that sustain and amplify this growth. The minister was commenting on Bengaluru Rising, a data report published by the nonprofit UnboxingBLR Foundation, released by chief minister Siddaramaiah, Dy CM DK Shivakumar and himself at the inaugural of the Bengaluru Tech Summit. State’s startup vision group chairman Prashanth Prakash also heads the nonprofit and its report promises a 360-degree view on India’s top cities.

19.11 / 12:53

markets Citi Provident Experts information testing Updates JEE Main 2025: No changes allowed in allotted exam city, check other key FAQs inside

National Testing Agency (NTA) has released a detailed FAQ notice on its official website, jeemain.nta.nic.in, to help students with common queries about the JEE Main 2025 exam.

19.11 / 10:37

markets Citi Waves Digital country reports Equality RMZ, Colt DCS form JV to invest $1.7 billion in data centres across cities

Subscribe to enjoy similar stories. RMZ Digital Infrastructure Partners (RDIP), part of real estate firm RMZ, has entered into a joint venture with Colt Data Centre Services (Colt DCS), a global hyperscale data centre operator, to jointly invest $1.7 billion to develop data centres across cities in India. The equal partnership between RMZ and UK-headquartered Colt DCS plans to build data centres with a combined capacity of 250MW over the next 3-5 years.

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