News for 'citigroup'

Punit Goenka to continue as Zee MD as lenders prepare for share sale

Punit Goenka to continue as Zee MD as lenders prepare for share sale

Rediff.com6 Nov 2019

Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.

Citi set to buy ABN business

Citi set to buy ABN business

Rediff.com20 Oct 2004

Indonesia bars Citi from offering wealth management services

Indonesia bars Citi from offering wealth management services

Rediff.com7 Apr 2011

Citigroup has been barred from selling wealth management services to new clients in Indonesia.

$3.5 mn Citi grant for finance school

$3.5 mn Citi grant for finance school

Rediff.com25 Nov 2004

Citigroup India on Thursday announced a $3.5 million grant to the Indian School of Micro Finance to be set up in Ahmedabad.

India's economic woes are far from over

India's economic woes are far from over

Rediff.com13 Jan 2014

The current account deficit, the difference between outflow and inflow of foreign exchange, would be about 2.3 per cent of gross domestic product because of the fall in gold and non-essential imports, the financial services major said in a report.

Why Neeraj Sahai is a perfect fit for Standard & Poor's

Why Neeraj Sahai is a perfect fit for Standard & Poor's

Rediff.com30 Nov 2013

The world's largest credit rating agency seems to have a particular fascination for top-drawer talent from India.

India on global bankers' map

India on global bankers' map

Rediff.com27 Oct 2003

Bank rate-rigging was pretty big business

Bank rate-rigging was pretty big business

Rediff.com18 Jun 2013

When traders got caught fiddling Libor, their employers blamed a few bad apples.

Nooyi, Jha, Pandit among highest paid US CEOs

Nooyi, Jha, Pandit among highest paid US CEOs

Rediff.com17 Nov 2010

PepsiCo's Indra Nooyi, Motorola's Sanjay Kumar Jha and Citigroup's Vikram Pandit are the three Indian-Americans among US' highest paid CEOs listed by Wall Street Journal.

'Sashi' has large shoes to fill as HDFC Bank's new boss

'Sashi' has large shoes to fill as HDFC Bank's new boss

Rediff.com13 Aug 2020

Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.

Backed by PEs, Pandit may invest in a new bank

Backed by PEs, Pandit may invest in a new bank

Rediff.com7 Mar 2013

Citigroup's former chief executive officer, Vikram Pandit, might be joining the race to become a co-applicant for a banking licence in India.

India, US CEOs discuss business climate

India, US CEOs discuss business climate

Rediff.com8 Nov 2010

The US CEOs accompanying Obama discussed with their Indian counterparts, different issues relating to business environment and challenges in the two countries.

India should achieve its ambitious growth targets: Citi

India should achieve its ambitious growth targets: Citi

Rediff.com17 Apr 2013

India is aiming for a material acceleration in growth, with targets of 6.1-6.7 per cent in the current fiscal 2013-14, over 7 per cent in FY 2015.

Goldman, 5 others shortlisted for NTPC share sale

Goldman, 5 others shortlisted for NTPC share sale

Rediff.com7 Jan 2013

Others shortlisted by the Department of Disinvestment for the NTPC offer were Deutsche Bank, SBI Capital Markets and Kotak Mahindra Capital.

Infratel to sell $120 million shares to anchor buyers

Infratel to sell $120 million shares to anchor buyers

Rediff.com11 Dec 2012

Investors including units of Morgan Stanley and Citigroup have agreed to buy 28.3 million shares of Bharti Infratel at Rs 230 apiece.

10 global cos cut 1 lakh jobs in 2012

10 global cos cut 1 lakh jobs in 2012

Rediff.com10 Dec 2012

With an aim to save costs in troubled economic times, just 10 companies together have announced nearly one lakh job cuts worldwide since start of 2012 and they include giants like HP, Google and Citigroup.

Vikram Pandit, partner to buy JM Financial pie

Vikram Pandit, partner to buy JM Financial pie

Rediff.com17 May 2013

Ex-Citi CEO to be non-executive chairman of the NBFC and its proposed bank

OVL to raise $900 mn in foreign bonds

OVL to raise $900 mn in foreign bonds

Rediff.com24 Nov 2012

ONGC Videsh Limited (OVL), the foreign arm of government-owned Oil and Natural Gas Corporation (ONGC), is likely to raise about $900 million through a bond issue abroad in January 2013.

Wipro forecasts weaker-than-expected revenue

Wipro forecasts weaker-than-expected revenue

Rediff.com19 Apr 2013

It projected first-quarter revenue for its IT services business to be in a range of $1.58 billion to $1.61 billion - a decline of 0.6 per cent to a rise of 1.6 per cent over the previous quarter.

Citi chairman planned Pandit's ouster for months

Citi chairman planned Pandit's ouster for months

Rediff.com26 Oct 2012

O'Neill told Pandit in an "abrupt encounter" at the end of the day on October 15 that "the board has lost confidence in you".

Citi planning Facebook banking?

Citi planning Facebook banking?

Rediff.com16 Jul 2012

US-based Citigroup attracted the attention of hundreds of people within minutes of it posting messages on social networking platforms, Twitter and Facebook, last night about banking services on Facebook.

How Aditya Puri 'built' the HDFC Bank

How Aditya Puri 'built' the HDFC Bank

Rediff.com14 Aug 2020

Puri gave up the comforts of Citibank to set up a new-age bank from a rat-infested room in the Kamala Mills Compound in Worli, Mumbai and build a marquee brand. A look at his 26-year stint as HDFC Bank's boss.

TechM may buy Polaris' IT services business

TechM may buy Polaris' IT services business

Rediff.com15 Jul 2013

Now sole contender as L&T Infotech quits race

Five global banks to pay $5.7 bn in fines over rate rigging

Five global banks to pay $5.7 bn in fines over rate rigging

Rediff.com21 May 2015

The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks.

Bharti Infratel: IPO not a great deal for PE traders

Bharti Infratel: IPO not a great deal for PE traders

Rediff.com4 Dec 2012

Bharti Infratel plans to raise Rs 4,500 cr through its IPO.

Citi expects Sensex to hit 33,000 by Dec 2015

Citi expects Sensex to hit 33,000 by Dec 2015

Rediff.com1 Dec 2014

Global investment firm Citigroup is bullish on Indian equity markets.

Boeing bullish on India as Modi promises friendly environment

Boeing bullish on India as Modi promises friendly environment

Rediff.com29 Sep 2014

Defence major Boeing on Monday proposed greater business engagement with India, as Prime Minister Narendra Modi promised the US companies to provide friendlier business environment in the country.

Citi shareholders oppose $15mn payout for Pandit

Citi shareholders oppose $15mn payout for Pandit

Rediff.com18 Apr 2012

The vote came at Citi's annual shareholder meeting held in Dallas on Tuesday.

Facebook might face user fatigue in long run

Facebook might face user fatigue in long run

Rediff.com29 Jun 2012

Now there might be lots of 'likes' for Facebook but going forward user fatigue could pose the biggest risk for the world's largest social networking site, says a report.

Global banks confident of tiding over crisis

Global banks confident of tiding over crisis

Rediff.com4 Jul 2012

The banks provided the 'living wills' road maps that were requested by US regulators to help the banks' liquidation in a financial crisis.

Citi to fire 100 in India

Citi to fire 100 in India

Rediff.com25 Jan 2012

The move comes after the financial services firm announced that it will lay-off 4,500 employees or 2 per cent of its workforce globally.

Iconic photos trace amazing history of Kodak

Iconic photos trace amazing history of Kodak

Rediff.com20 Jan 2012

Kodak has filed for bankruptcy.

Iconic photos trace amazing history of Kodak

Iconic photos trace amazing history of Kodak

Rediff.com20 Jan 2012

Kodak has filed for bankruptcy.

7 US firms paid CEOs more than what they paid as taxes in 2013

7 US firms paid CEOs more than what they paid as taxes in 2013

Rediff.com18 Nov 2014

Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a study released on Tuesday that was disputed by at least one of the companies.

IndiGo heads towards $400 million IPO as air travel booms

IndiGo heads towards $400 million IPO as air travel booms

Rediff.com27 Mar 2015

IndiGo heads towards $400 mln IPO as air travel booms.