Citi Financial News

28.10 / 01:11
markets UPS Citi exclusive reports International The mega-merger brewing in India’s insurance marketplace
Subscribe to enjoy similar stories. InsuranceDekho, backed by TVS Capital Funds and Investcorp, is in advanced talks to merge with smaller peer RenewBuy in a cash-and-stock deal, according to two people familiar with the matter, in a transaction that will create India’s second-largest insurance aggregator. The deal will create India’s largest insurance marketplace by value after PolicyBazaar, which went public in 2021, the people cited above said, asking to remain anonymous.
27.10 / 19:27
markets Citi FIVE Parke Election community Jharkhand Assembly Polls: A battle of prestige for family of ex-CM Raghubar Das
Jamshedpur East has been a BJP's stronghold since Bihar days and barring 2019, the party has never lost any election here since 1990 when it was part of Bihar. Former Jharkhand CM Raghubar Das won this seat five times, once in Bihar and four times since Jharkhand became a state, before losing it to Saryu Roy in 2019. Das is currently the governor of Odisha and BJP has fielded his daughter-in-law Purnima Das Sahu from his home turf. The election will decide whether Das's family still has a sway over the seat which has been his family seat for the last three decades. Congress has fielded former Jamshedpur MP Ajoy Kumar from the seat. There is also a rebellion within the BJP as party leader Shiv Shankar Singh has filed nomination as an Independent. Singh was hoping to get the ticket but with the party preferring Sahu over him, he has become a challenger. «People are regretting for defeating Ragubhar Das from this seat in the last election. This is a strong BJP seat and Purnima Sahu is going to win this seat easily,» Pradeep Gupta, a trader in Meharda area tells ET. The constituency has a sizable business community vote and BJP banks on their support for victory.
27.10 / 16:01
markets UPS Citi Mosaic concert Schools Modi, Sanchez to meet in Durbar Hall of iconic Lukshmi Vilas Palace in Vadodara
Narendra Modi is set to meet Spanish PM Pedro Sanchez on Monday in the Durbar Hall of the iconic Lukshmi Vilas Palace in Vadodara that has played host to many royal concerts and cultural events. The two leaders will also have lunch at the iconic palace that was built in the late 19th century by Maharaja Sayajirao Gaekwad III, the then ruler of the erstwhile state of Baroda, people familiar with the matter said on Sunday. «We are all geared up for tomorrow when the Lukshmi Vilas Palace will host the two leaders. The meeting will take place in the Durbar Hall and the luncheon will happen in the banquet hall on the premises of the palace,» a palace source told PTI. The menu will have cuisines reflective of both Gujarati and Spanish culinary heritage, the source said.
27.10 / 14:29
COST Citi Provident Schools Courts Sporting Missouri sports betting ballot measure highlights national debate about tax rates
Missouri voters are considering whether to make the state the 40th jurisdiction to legalize sports betting
27.10 / 13:31
Citi Waters Election WhatsApp Bill country Kejriwal says AAP govt 'honestly' served Delhi for 10 years, urges people to reject BJP
AAP government «honestly» served the people of Delhi for 10 years, doing a lot of the work that no other dispensation in the country had done, party chief Arvind Kejriwal said on Sunday. The former Delhi chief minister, who was taking part in a 'padyatra (foot march)' campaign ahead of the assembly polls, also asked the public not to vote for the BJP. He claimed that the saffron party, if it assumed power in Delhi, would stop the city government's free schemes for electricity, health care, education and bus rides for women. Kejriwal also promised that he would waive «inflated» water bills, urging the people to vote for AAP and help him become chief minister again.
27.10 / 13:13
markets UPS Citi Parke stars Traffic This star chef’s tools include knives, pans and this Royal Enfield motorcycle
Subscribe to enjoy similar stories. Marc Forgione, 45, the chef/owner of New York City’s Forge, Peasant and Trattoria One Fifth, on his 2023 Royal Enfield INT 650, as told to A.J. Baime. My restaurants are relatively close to each other, maybe a mile apart.
27.10 / 12:55
UPS Citi Death show 2020 reports ‘Severe’ air is coming. Here’s the X-factor behind Delhi’s winter poison
Subscribe to enjoy similar stories. New Delhi: In its horizontal expanse, the history of Delhi engulfs the rise and fall of many empires: from the Indraprastha of the epics to the Rajput kings, the Sultans, the Mughals and the British, to being the nerve centre of the world’s largest democracy. And like its layers of history, Delhi’s seasons were once famed, particularly its harsh winter.
27.10 / 07:47
markets UPS Citi Photography community Diversity beautiful Milk Makeup has landed in India to find more beauty inspiration
Subscribe to enjoy similar stories. The popular American beauty brand Milk Makeup has entered India, launching exclusively at multi-retailer Sephora. Conceived in Milk Studios, a photography and film studio in the city of New York in 2016, the brand has a a cult following, especially because of its fun packaging and user-friendly formulae.
27.10 / 07:47
UPS Citi Healthcare cover hospital reports Interviews Aster’s Alisha Moopen on why global investors are flocking to India’s healthcare
Subscribe to enjoy similar stories. Mergers in the healthcare sector aren’t just about business, they help deliver quality medical treatment to smaller towns, insists Alisha Moopen.
27.10 / 05:35
UPS Citi Waters love recommendations Is it possible to become outdoorsy? I backpacked for a weekend to find out.
Subscribe to enjoy similar stories. On a brisk October morning, with 20 pounds of gear on my back, I trekked up a steep, rocky trail. With each step, I felt my throat constrict and my lungs heave.
27.10 / 02:41
Citi Provident Progressive Airlines country testing International American Airlines tests boarding technology that audibly shames line cutters
American Airlines is testing a new technology at three airports across the country during the boarding process that aims to cut down on passengers who try to jump the line
27.10 / 02:39
markets Citi MET FIVE Strategy Election MNS releases fifth list of candidates for Maharashtra Assembly Election
Maharashtra Navnirman Sena announced a fifth list of 15 candidates for Maharashtra assembly elections. MNS has nominated Yogesh Chile from Panvel, Shivshankar Lagar from Khamgaon, Mallinath Patil from Akkalkot, Nagesh Paskanti from Solapur City, Madhya Amit Deshmukh from Jalgaon, Jamod Bhayyasaheb Patil from Mehkar, Rupesh Deshmukh from Gangakedhe Shekhar Dunde from Umred, Balasaheb Pathrikar from Fulambri Rajendra Gapat from Paranda Devdutt More from Osmanabad (Dharashiv) Sagar Dudhane from Katol Someshwar Kadam from Beed Faisal Popere from Srivardhan Yuvraj Yeddre from Radhanagari. Earlier in the day, MNS candidate for the Worli Assembly seat, Sandeep Deshpande, criticised incumbent MLA Aaditya Thackeray--son of Shiv Sena (UBT) chief Uddhav Thackeray--alleging that Thackeray has not met his constituency's residents over the past five years.
27.10 / 02:03
markets Citi Digital Entertainment security President Traffic Donald Trump’s return to New York brings tight security and extensive road closures for Madison Square Garden rally
New York City Police Department is ramping up security outside Madison Square Garden, where former President Donald Trump will hold a campaign rally on Sunday. NYPD officials have outlined strict security measures, including the closure of several streets around the arena to ensure a safe environment for rally attendees, protesters, and city residents. Interim Police Commissioner Thomas Donlon confirmed the NYPD’s preparedness late Saturday, joining Mayor Eric Adams to discuss protocols for the event. “We are doing everything possible to minimize impact on New Yorkers,” Donlon stated, while advising residents to avoid the area if they do not need to be there. He assured, “Tomorrow’s rally will be safe, it will be secure.”
26.10 / 18:31
markets Citi Racing Strategy track Schools For F1 teams, the Mexican GP is all about altitude
Formula One (F1) cars racing in Mexico City, the normal rules don’t apply. When speeding down a straight that is almost 1 mile (1.6 km) long, teams would usually need to race a car with as sleek a body shape as possible to cut through the air and hit top speeds quickly. But at the Autódromo Hermanos Rodríguez, where this weekend’s Mexico City Grand Prix (GP) will be held, it’s the opposite. Autódromo Hermanos Rodríguez first held a F1 world championship race in 1963. For the drivers, the track will feel more akin to racing on a slippery street course like the one in Monaco, where regular automobiles that use the streets when F1 is not in town wear away the traction provided by the sticky tire rubber laid down by race cars.
26.10 / 16:07
Citi Waters Platform security social French Caribbean island of Guadeloupe starts restoring power after a strike prompted a blackout
The government of French Caribbean island of Guadeloupe has said that power is being slowly restored after a worker’s strike shut down power
26.10 / 14:41
markets Citi Election President 2020 Schools Colleges US election results: These 15 electoral college votes may decide polls for Kamala Harris, Donald Trump
Kamala Harris in Michigan on Saturday, while Republican candidate Donald Trump holds his own rally in the battleground state. With some 8.4 million registered voters and 15 electoral college votes of the 270 needed to win, Michigan is one of seven competitive U.S. states that will decide the election. It is part of the «Blue Wall» that is considered Democrats' best chance of electing Harris, along with Pennsylvania and Wisconsin. In Michigan, Harris and Trump are battling for voters that include a large Arab American and Muslim population concerned about Israel's war in Gaza, and union workers worried about how electric vehicles could reshape the U.S. auto industry, which is headquartered in Detroit, the state's largest city.
26.10 / 13:09
markets Citi Digital Strategy Parke show information Panchshil Realty subsidiary sells 4.8-acre land parcel in Pune’s Wagholi
Panchshil Realty affiliated entity Wagholi Estates has sold a prime land parcel spread over 4.8 acres in Pune's Wagholi locality to a city-based realty developer Vilas Javdekar Infinitee Developers for over Rs 103 crore. The plot sold is part of this larger land parcel on which Panchshil Realty is developing an information technology park. “We are developing a 4.5 million sq ft IT park-led project in Wagholi and out of this large layout, 1 million sq ft residential potential to be built over nearly 5 acres has been sold through this deal. This is part of our new concept of mixed use including residential and commercial spaces,” said a Panchshil Realty spokesperson while confirming the transaction.
26.10 / 09:35
markets Citi Digital Strategy Align performer Office leasing expected to reach 70 million sq ft in 2024
office space market in India is set to break records in 2024, with absorption projected to exceed 70 mn sq. ft., according to Savills India, a global real estate advisory firm. The demand reached 55.1 mn sq. ft. between January and September 2024, marking a 30% year-on-year (YoY) increase across six major cities. The Year-To-Date (YTD) leasing activity has set a new benchmark for the January-September period, aligning with 2022’s full-year performance. With only 7 mn sq. ft. remaining to surpass 2023’s total, 2024 is expected to achieve absorption levels in the range of 70-74 mnsq. ft.
26.10 / 07:17
markets Citi Digital Experts Celebrity inclusion innovations City Champions Summit by Josh Talks celebrates 16 startups in urban landscape sector
City Champions Summit, hosted by Josh Talks, on Saturday, 16 innovative startups were celebrated for their groundbreaking work in transforming India’s urban landscapes. The Summit is supported by Omidyar Network India and was held at The Claridges, New Delhi. The event convened the leaders in urban development underscoring the future of sustainable, inclusive cities. This summit culminates a three-month accelerator program which was designed by Josh Talks in partnership with IIM Calcutta Innovation Park with the aim nurture 16 impact startups working across sectors such as climate action, transport, city planning, energy and more. These startups were handpicked through a rigorous evaluation process from over 350 applicants. The City Champions program began in April this year by inviting applications across 8 thematic sectors. The accelerator program kicked-off in late July and included exposure to 16 startups through virtual sessions with industry leaders, 1:1 mentorship from IIM-C experts, access to funders and potential business partners through physical boot camps held across Kolkata, Bengaluru and Delhi.
26.10 / 04:25
Citi Provident SUN Analysis Boxing ventilators Features Top 8 Picks: Best STUDDS Helmets in India for Safety and Style
Read more article related to Accessories in the Auto section on the Top Trending Products page. Meanwhile, keep reading this article on the best Studds Helmets. 1. STUDDS Trooper STUDDS Trooper DV D1 ISI and DOT Certified Gloss Finish Flip-up Full Face Helmet for Men and Women with Inner Sun Visor (Black N8 L)10% Off₹1,971₹2,190Buy Now The STUDDS Trooper DV D1 ISI and DOT Certified Helmet is a top-tier flip-up full-face helmet designed for men and women, ensuring both style and safety. Its gloss finish adds a sleek appearance, while its inner sun visor shields the rider from sunlight, making it perfect for long rides. With ISI and DOT certifications, this helmet guarantees superior protection
26.10 / 04:25
markets Citi Action Strategy RAI Delhi Air quality update: AQI improves but pollution threats persist as Diwali approaches
Air Quality Index (AQI) in the capital recorded a reading of 237 early Saturday, down from 283 the previous day. Despite this minor drop, areas such as ITI Jahangirpuri continue to experience high pollution levels, with AQI readings reaching 265. Authorities warn that pollution levels may worsen as the festival approaches, potentially reaching hazardous levels within the next few days. A layer of smog engulfed certain parts of the national capital. The AQI recorded on Friday was 283 AQI today in ITI Jahangirpuri read 265 while AQI around India gate area was recorded at 237 which fell in the 'poor' category. The AQI at India Gate improved slightly, being recorded at 276 on Friday.

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