17,604 source-backed business facts - each attributed to a named person and a number, linked to the original source. Page 11 of 177.
“Thalapathy Vijay’s much awaited film ‘Jana Nayagan’ was released in theaters on July 23 after much anticipation.”
“will require employees in the workplace for three days a week”
“opened 30 more Morrisons Daily stores in the last three months”
“four of the country's 10 most valued companies adding a combined Rs 1.43 lakh crore to their market valuation.”
“acquired by buyout firms including CVC Capital Partners in 2024 for £5.4bn”
“totalling 52 so far this year”
“State Bank of India emerged as the biggest beneficiary among the top-10 firms, seeing its market capitalisation rise by Rs 63,922.03 crore during the week to Rs 10,11,721.84 crore.”
“Hargreaves Lansdown, which has 2,400 staff”
“shut 100 loss-making sites”
“Reliance Industries added Rs 32,816.4 crore to its valuation, taking it to Rs 18,01,925.19 crore.”
“TSB, which is demanding staff return to the office three days a week from April next year, up from the current two”
“100 shuttered stores were part of the more-than 1,000 sites it acquired when it snapped up collapsed convenience chain McColl’s in 2022”
“TCS recorded an increase of Rs 31,875.35 crore, with its market capitalisation reaching Rs 8,87,770.13 crore.”
“a 2.2 per cent jump in sales in the last three months”
“Larsen & Toubro's valuation rose by Rs 14,637.76 crore to Rs 5,56,482.45 crore.”
“total sales climbed 1.7 per cent to £4bn”
“Bharti Airtel, HDFC Bank, ICICI Bank, Bajaj Finance, Life Insurance Corporation of India (LIC) and Hindustan Unilever together saw Rs 1.23 lakh crore wiped off their market value.”
“14th consecutive quarter of like-for-like growth”
“LIC registered the largest decline, with its valuation falling Rs 40,543.23 crore to Rs 4,96,891.82 crore.”
“10 votes per Class B share they hold, instead of the single vote applicable to each Class A share”
“Bajaj Finance followed, losing Rs 37,168.96 crore to end at Rs 6,73,648.55 crore.”
“10:1 voting ratio for Class B shares owned by founders”
“HDFC Bank's market capitalisation declined by Rs 24,183.16 crore to Rs 11,27,967.47 crore.”
“44 per cent of the share count, compared to seven per cent at Alphabet and 13 per cent at Meta”
“ICICI Bank shed Rs 9,507.67 crore, taking its valuation to Rs 10,20,370.63 crore.”
“a flat under offer in the Naxos Building for £895,000 – the price-tag four years ago was £1.25m.”
“Bharti Airtel lost Rs 7,581.65 crore in market value, leaving its valuation at Rs 12,22,423.98 crore.”
“a two‑bed warehouse conversion at Telford Yard in Wapping – now on for £650,000 but it would have been over £800,000 at the peak of the market.”
“Hindustan Unilever's market capitalisation fell Rs 4,793.16 crore to Rs 4,88,808.97 crore.”
“prices have dropped 10-20 per cent since 2005.”
“BSE Sensex gained 404.53 points, or 0.51 per cent”
“last year buyers were hoping to get 20 or 30 per cent off the asking price, now between two and ten per cent is realistic.”
“NSE Nifty advanced 187.05 points, or 0.76 per cent”
“Fisher says you can pick up lovely two bed on the river for under £500,000: “a year or two ago that wouldn’t have been possible anywhere.””
“Markets ended the week with modest gains despite heightened volatility, as investors navigated the roll‑out of the new Closing Auction Session (CAS) framework for F&O stocks, the Reserve Bank of India's monetary policy decision, and linger…”
“Developments in some areas such as West India Quay and St Katharine’s Dock haven’t seen any fall in prices at all, particularly in the £2m and above bracket.”
“Investors should expect around 4 per cent yield on their properties – Fisher says that’s about what’s being achieved in Docklands properties: a penthouse in St Katharine’s should earn about £1250 a week and in West India Quay, £700 per wee…”
“BASIN APPROACH, LIMEHOUSE£2.1mPenthouse occupying the entire top floor of the development; lots of outside space with great London views. Contact Knight Frank on 020 7512 9955”
“APOLLO BUILDING, CANARY WHARF£795,000Three-bedroom duplex penthouse with river views in a portered block.Contact Knight Frank on 020 7512 9955”
“COLD HARBOUR, CANARY WHARF£995,000Five bed townhouse with superb views and a conservatory.Contact Foxtons on 020 7133 7777”
“The late arrival of Easter and the bank holiday saw the number of job vacancies fall by 20 per cent in April compared to the previous month, ending three consecutive months of increase.”
“Auto RARA co-founder David Stubbs explains”
“the fifth instalment of the Net Zero Delivery Summit”
“Over our 28-year membership British goods exports to the EU grew less than one per cent a year, while our exports to countries we had no trade deal with grew four times as much—by 87 per cent”
“92 per cent of British firms that don’t export to the EU”
“The brothers went on to sell Zip2 to computer maker Compaq for 307 million US dollars (£229 million) in 1999, netting Musk a whopping 22 million dollars (£16.4 million).”
“Flush with cash, Musk founded SpaceX in 2002, followed just a year later with a six million dollar (£4.5 million) investment in the then fledgling car company Tesla.”
“sold 62,000 tickets”
“that number passed 70,000”
“98 per cent capacity for the week, with five of the seven days of play completely sold out”
“generated £4.3m in revenues for London-based firms and a total economic impact of £6.3m”
“Combined with the men’s week, that figure was £14.9m”
“sales are already up 28 per cent on last year”
“equalising men’s and women’s prize money at Queen’s by 2029”
“Joe Cawley is head of planning and infrastructure at Grayling UK”
“With 44% of respondents drawn from Portfolio Management and Executive Leadership”
“More than 80% of firms report financial losses linked to poor or late data”
“63% say their data model only partially or minimally supports a total portfolio view across public and private markets”
“63% of Executive Leadership favor more significant change in the data operating model”
“informed by 100 global buy‑side firms”
“GoldenSource will host a webinar on June 18”
“Around 650 construction workers lost their jobs after going on unofficial strike at Lindsey, which is owned by French oil firm Total.”
“They took the industrial action after learning 51 employees were being laid off, while other contractors on the site were hiring staff.”
“Unions said they had achieved their objective of finding other jobs for the 51 workers as well as rescinding dismissal notices sent to over 600 striking workers on the site.”
“Total is pleased that the workers have voted to return to work.”
“The firm now only operates outlets at airports, train stations and hospitals, having sold its nearly 500 high-street stores to private equity firm Modella Capital last year.”
“Steiner, who owns two per cent of Ocado, founded the group with two former Goldman Sachs colleagues as an online grocer, before repositioning the firm as a warehouse technology company.”
“Richard Caring is in advanced talks to buy iconic City restaurant 1 Lombard Street, marking his first foray back into the restaurant business since the £1.4bn sale of his empire.”
“Caring, who made his fortune in the fast-fashion business, had never run a restaurant when he acquired celeb hotspots The Ivy, Le Caprice and J Sheekey for £31.5m in 2005.”
“Located beside Bank Station, 1 Lombard Street, which opened in 1998, helped to change the culinary reputation of the Square Mile...”
“It was among the first City companies to run a seven-day operation, with its weekend brunches introducing the brand to a new clientele. “It’s a chicken and the egg thing,” Jessen told City PM in a 2023 interview to coincide with the restau…”
“The sale, which could be finalised as early as next week, will bring to an end almost 30 years of ownership by former Merrill Lynch and Goldman Sachs banker Soren Jessen.”
“AIR FRANCE-KLM, Europe’s biggest airline, yesterday announced it had finalised a deal with US airline Delta to operate as one airline over the Atlantic, boosting its share of the world’s busiest route to 25 per cent.”
“It means the companies will share revenues and costs on 200 transatlantic flights.”
“Delta chief executive Richard Anderson said, seeking to reassure his 80,000 staff over the Air France-KLM/Delta tie-up.”
“Lumon itself has grown through dealmaking under Pollen Street’s ownership, most recently buying UK payments specialist Fiscal FX earlier this year and Abacus FX in 2024.”
“Ebury also acquired ArcaPay in September to create Ebury Partners Lithuania.”
“The additional investments will enable Ebury to scale faster and enhance its offering to SMEs globally.”
“The government has pledged to close this loophole, which retailers say gives an unfair advantage to the likes of Shein and Temu, but is not due to take action until 2029.”
“But “the frustration is just timing,” he said, adding that Shein and Temu refocused their efforts on the UK and the EU when the US shut its de minimis loophole in August, and are likely to redouble their focus on the British market after E…”
“Last month, leading retailers including Next, M&S and Currys wrote to the Chancellor to urge the Treasury to act faster on this loophole.”
“This would raise millions in taxes for the Exchequer while supporting British high streets and shops. Other countries are acting decisively to support their domestic sectors and the Government must now do the same,” they added.”
“British retailers “cannot afford” to spend three more years “competing on an unfair playing field,” BRC director of food and sustainability Andrew Opie said.”
“Shein’s success is not dependent on the de minimis threshold, but rather on our innovative on-demand production model.”
“Starling has appointed the former top boss of HSBC Bank as its new chair as the digital challenger shakes up its boardroom on the road to its long-awaited IPO. The UK fintech named Colin Bell – who has served as a non-executive director at…”
“City PM revealed earlier this year that McPike – who is understood to control a third of the company’s holdings – had previously been at odds with the board on a listing destination but had gone cold on ambitions for a London float.”
“McPike provided a crucial $70m investment to Starling in 2016 during its infancy and retains a stake of around a third according to Companies House filings in February 2025.”
“It comes as more departures from the board are expected in the coming months, according to Bloomberg, with Starling not planning to replace those who have already exited.”
“Starling has said that changes to the board were “in ordinary course of business” and it had “already strengthened” the body with appointments of former Hargreaves Lansdown chief Dan Olley.”
“In an interview with the Sunday Times in January, chief executive Raman Bhatia said he was “non-committal” over a listing venue with an IPO not expected in the short-term.”
“Finance boss Declan Ferguson last summer said there was no “concrete view” to where the neobank would list and that any decision was still “in flux”.”
“This marked a major departure from the firm’s previous stance, where interim chief John Mountain said the fintech was “very committed” to a London listing, describing the City as a “natural home”.”
“performance for the first quarter rose 8.5 per cent on the same period last year”
“The firm took on three large milk supply contracts with the Co-op and two Spar wholesalers, Cappers and Blakemore.”
“Robert Wiseman plans to increase capacity at its new Bridgwater facility to 375m litres per annum, costing it £7.5m”
“We are hopeful this extra capacity will be on stream in early 2010”
“We have managed our way through some major changes in the industry in the last few months”
“11 per cent rise in annual pre‑tax profits”
“pre‑tax profits rose to £63m in the 12 months to 25 April compared to £56.6m in the same period last year”
“Total sales increased by 4.4 per cent to £1.9bn”
