CarTrade IPO to open on Aug 9; price band set at Rs 1,585-1,618/share

Online auto classified platform CarTrade Tech on Tuesday said it fixed a price band of Rs 1,585-1,618 a share for its nearly Rs 2,999-crore initial public offer. The initial public offering (IPO)......

Why Citi is exiting India

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!Manojit Saha reports. IMAGE: In India Citibank started the consumer banking business in 1985.......

Zomato files papers with Sebi for Rs 8250 cr IPO

Food delivery platform Zomato has filed preliminary papers with capital market regulator Securities and Exchange Board of India (Sebi) to raise Rs 8,250 crore through an initial share-sale. The......

Citibank likely to hive off consumer banking business in India

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer......