News for '-citi-india'

How Women Power India

How Women Power India

Rediff.com3 days ago

In which area of Indian life are women not running the show?

India shifts majority of Indian students out of Tehran

India shifts majority of Indian students out of Tehran

Rediff.com7 days ago

India has relocated the majority of its students from Tehran due to the escalating conflict in West Asia. The Indian embassy has arranged for their transportation, food, and accommodation outside of Tehran. An advisory remains in place for other Indian nationals in Iran to stay indoors and exercise caution.

India-EU pact weaves new hope into $100 bn textile export dream

India-EU pact weaves new hope into $100 bn textile export dream

Rediff.com4 Feb 2026

The proposed trade deal with the 27-nation European Union (EU) is expected to provide zero-duty access to the $95 billion European market for Indian textile and apparel manufacturers. Currently, India's share of the European market is just 6 per cent, or $5.5 billion.

Bangladesh belongs to Muslims, Hindus all: Tarique Rahman

Bangladesh belongs to Muslims, Hindus all: Tarique Rahman

Rediff.com25 Dec 2025

Bangladesh Nationalist Party (BNP) acting chairman Tarique Rahman on Thursday urged people to maintain peace as he presented a vision of an inclusive society, saying the country belongs to people of all faiths, including Muslims, Hindus, Buddhists and Christians.

Davis Cup returns to Bengaluru after 9 years

Davis Cup returns to Bengaluru after 9 years

Rediff.com5 Dec 2025

Bengaluru to host India-Netherlands Davis Cup tie on February 7-8

'All The Ministers Surrounded Messi, We Couldn't See Anything'

'All The Ministers Surrounded Messi, We Couldn't See Anything'

Rediff.com13 Dec 2025

Lionel Messi's much-hyped visit to the Salt Lake Stadium in Kolkata on Saturday lasted 22 minutes, just enough to underline everything that is wrong in Indian football and the state administration's mismanagement.

'2025 could be largest IPO year in Indian history'

'2025 could be largest IPO year in Indian history'

Rediff.com4 Nov 2025

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.

Inside The Tata Trusts Showdown: A House Divided

Inside The Tata Trusts Showdown: A House Divided

Rediff.com9 Oct 2025

A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.

Nigeria joins India in race to host 2030 CWG!

Nigeria joins India in race to host 2030 CWG!

Rediff.com1 Sep 2025

India is not the lone bidder for the 2030 Commonwealth Games and will face competition from Nigeria to get the hosting rights of the multi-sporting event as the African nation has also submitted its formal bid before the August 31 deadline.

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Rediff.com26 Aug 2025

The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.

India eyes 2000 GCCs beyond metro cities by yearend

India eyes 2000 GCCs beyond metro cities by yearend

Rediff.com9 Jul 2025

MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Prices of EVs to be same as petrol cars in 6 months, says Gadkari

Prices of EVs to be same as petrol cars in 6 months, says Gadkari

Rediff.com19 Mar 2025

Prices of electric vehicles (EVs) will be equal to those of petrol vehicles in the country within six months, Union Road Transport and Highways Minister Nitin Gadkari said on Wednesday.

India submits 'Letter of Intent' to host 2036 Olympics

India submits 'Letter of Intent' to host 2036 Olympics

Rediff.com5 Nov 2024

India face competition from Saudi Arabia, Qatar and Turkey, who are positioning themselves as strong contenders to host the 2036 Olympics.

Who's Who In Tata Trusts

Who's Who In Tata Trusts

Rediff.com11 Oct 2024

The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.

140 million HDFC Bank, Axis customers may face service interruption

140 million HDFC Bank, Axis customers may face service interruption

Rediff.com12 Jul 2024

As many as 140 million customers of HDFC Bank and Axis Bank are expected to face interruption in banking services in the weekend due to the former's system upgrade and the transition of Citi India business to the latter. Both the banks have notified their customers about the interruption in services. HDFC Bank - the country's largest private sector lender with 93.2 million customers - had announced that it will undertake a system upgrade on July 13, wherein it will migrate its core banking system (CBS) to a new engineered platform to enhance customer experience.

Axis Bank buys Citi India's retail biz for Rs 11,603 cr

Axis Bank buys Citi India's retail biz for Rs 11,603 cr

Rediff.com1 Mar 2023

Axis Bank on Wednesday said it has completed the acquisition of Citibank's retail business in India for a final cash consideration of Rs 11,603 crore. The sale excludes Citi's institutional client businesses in India. The third-largest private sector bank said the acquisition, announced first in March last year, will not necessitate any new capital requirements and stressed that the attrition numbers on customers are much better than expected.

Make sure justice is done: US to India on Pannun murder plot

Make sure justice is done: US to India on Pannun murder plot

Rediff.com21 Mar 2024

'We are at the moment working with India to encourage India to hold accountable, those responsible for this terrible crime'

Axis Bank set to buy Citi's India consumer business

Axis Bank set to buy Citi's India consumer business

Rediff.com30 Mar 2022

Private sector lender Axis Bank is close to acquiring Citigroup's retail banking business in India and a deal is likely to be announced soon, sources said on Wednesday. According to the sources, the deal, to be valued at $2.5 billion (about Rs 18,000 crore), will be subject to regulatory approvals. In April 2021, American banking major Citigroup announced its plan to exit from the consumer banking business in India as part of its global strategy. The business comprises credit cards, retail banking, home loans and wealth management.

First batch of Indian military personnel leave Maldives

First batch of Indian military personnel leave Maldives

Rediff.com11 Mar 2024

There was no immediate confirmation from India's defence ministry on the withdrawal of the first batch of Indian military personnel from the Maldives as reported by the media in Maldives.

Stanchart to continue focus on wealth management in India

Stanchart to continue focus on wealth management in India

Rediff.com27 Feb 2024

Standard Chartered's India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country's private banks, said a senior executive of the British lender. "Our focus on wealth management and affluent clients are central to our existence. "We are strong in these areas and we want to grow in these areas.

Axis Bank buys Citi's India retail business for Rs 12,325 cr

Axis Bank buys Citi's India retail business for Rs 12,325 cr

Rediff.com30 Mar 2022

US bank Citigroup on Wednesday announced the sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets.

Box office recovery, synergies could drive more gains for PVR-Inox

Box office recovery, synergies could drive more gains for PVR-Inox

Rediff.com5 Jan 2024

PVR-Inox is in an inherently fickle business. If there is a string of flops, the box office collections will be weak. Conversely, Q2FY24, which witnessed several hits, has brought about an upside in revenues. However, the merger has led to market share gains and synergies that helped bring breakeven down to approximately 20 per cent occupancy.

Is India's NavIC Better Than GPS?

Is India's NavIC Better Than GPS?

Rediff.com28 Oct 2023

NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.

Indo-Pak World Cup match likely to be rescheduled

Indo-Pak World Cup match likely to be rescheduled

Rediff.com26 Jul 2023

PTI has learnt that the game will not move out of the Narendra Modi Stadium but the fans will still need to change their travel plans.

Future Cities India 2020 design comp for students

Future Cities India 2020 design comp for students

Rediff.com2 Jun 2006

Future Cities India 2020 is a design competition for students.

Banks need to take blame for their problems: Citi India CEO

Banks need to take blame for their problems: Citi India CEO

Rediff.com24 Nov 2014

While an uptick in economic activity will help banks come out of some of their problems, some issues currently facing the Indian banking industry are of its own doing says Pramit Jhaveri.

India's economy to slow down in 2023-24. Survey reveals all

India's economy to slow down in 2023-24. Survey reveals all

Rediff.com31 Jan 2023

Following are the highlights of the Economic Survey 2022-23 tabled in Parliament on Tuesday

'Everyone knows about Dhoni, hope people know about us too'

'Everyone knows about Dhoni, hope people know about us too'

Rediff.com1 Aug 2022

Recognition in their own country will be enough for the players who fund their trips for all international tournaments

Modi flags off Gandhinagar-Mumbai Vande Bharat train

Modi flags off Gandhinagar-Mumbai Vande Bharat train

Rediff.com30 Sep 2022

Prime Minister Narendra Modi on Friday flagged off the Gandhinagar-Mumbai Vande Bharat Express semi-high speed train.

Forget smart cities, India must first make existing ones livable

Forget smart cities, India must first make existing ones livable

Rediff.com23 Apr 2015

The current government must first improve condition in existing citis then take a plunge into making newer cities smart.

GrapeCity India wins US award

GrapeCity India wins US award

Rediff.com21 Jul 2005

A language translation solution developed by the Indian arm of Japan-based IT solutions company GrapeCity has won the US Handango Champion Award for 'Best Industry Application for the Pocket PC for 2005'.

Citi India arms feel sub-prime pinch

Citi India arms feel sub-prime pinch

Rediff.com29 Feb 2008

The sub-prime loss-hit Citigroup is on a cost-cutting exercise in its Indian operations. CitiFinancial, its consumer finance unit, which is also reeling under the burden of rising bad loans, is considering closing about 100 of its 450 branches in India.

India home to 18 of 20 cities with most severe rise in PM2.5 pollution: Report

India home to 18 of 20 cities with most severe rise in PM2.5 pollution: Report

Rediff.com17 Aug 2022

The report Air Quality and Health in Cities combined ground-based air quality data with satellites and models to produce air quality estimates for cities around the world.

Explained: Why M&As are rising in India & how investors can benefit

Explained: Why M&As are rising in India & how investors can benefit

Rediff.com4 May 2022

Tesla Inc chief Elon Musk is set to acquire micro-blogging site Twitter for about $44 billion. Back home, India Inc, too, is seeing aggressive merger and acquisition (M&A) activity with PVR-Inox and HDFC-HDFC Bank announcing their mergers recently. While Axis Bank recently acquired Citi India's India retail business, reports suggest Larsen & Toubro Infotech (LTI) and Mindtree could be eyeing a merger.

Citi India may slash over 1,000 jobs

Citi India may slash over 1,000 jobs

Rediff.com22 Nov 2008

Days after Citi's global CEO Vikram Pandit said the group planned to reduce head-count by 52,000, there are reports that the financial major will lay off over 1,000 employees in India. The financial services company has around 10,000 employees in India.

Don't leave without informing: India tells citizens in Ukraine

Don't leave without informing: India tells citizens in Ukraine

Rediff.com26 Feb 2022

The Indian embassy in Ukraine issued a fresh advisory in view of increasing Russian attacks on several Ukrainian cities and reports of heavy fighting around the capital Kyiv.

Op Dev Shakti: India evacuates 35 people from Kabul

Op Dev Shakti: India evacuates 35 people from Kabul

Rediff.com26 Aug 2021

"Op Devi Shakti in action! @IAF_MC flight with 24 Indian and 11 Nepalese evacuees from Kabul is on its way to Delhi. #DeviShakti," external affairs ministry spokesperson Arindam Bagchi tweeted in the morning.

High-level group monitoring India's priorities in Afghanistan

High-level group monitoring India's priorities in Afghanistan

Rediff.com31 Aug 2021

India's immediate priorities have been the safe return of the Indians still in Afghanistan, bringing back the Afghan nationals who stood by New Delhi, and ensuring that Afghan soil is not used for terrorism directed at India

India always supported Afghan minorities: Shringla

India always supported Afghan minorities: Shringla

Rediff.com31 Aug 2021

India has always provided very strong support to minority communities in Afghanistan, particularly Sikhs and Hindus, and it is an important part of New Delhi's effort to evacuate those Afghan nationals who want to leave the war-ravaged country, Foreign Secretary Harsh Vardhan Shringla has said.