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Citigroup selling its Russia business at $1.1 bn lossCitgroup on Monday said it is selling the last of its business operations in Russia, and expecting to log a $1.1 billion loss in the proces...- RBI squeezes money markets to spur selloff in shorter bondsRBI’s announcement on Friday to retract 2 trillion rupees of banking funds via a 14-day reverse repo operation on Jan. 15 caught many, incl...
- Mukesh Ambani's RIL to consolidate media and distribution businessThe restructuring will create a mega diversified media entity with interests in news, entertainment, internet, ISP and cable businesses tha...
- Citgroup Global buys 1.15% stake in Eicher Motor for Rs 619 croreSwedish commercial vehicle major AB Volvo today sold around 4.7 per cent stake (12.7 lakh shares) in Eicher Motors for $310 million.
- Financial services companies diversify business to minimise risksCentrum Capital, promoted by Chandir Gidwani, has beefed up its lending activities and recently capitalised and started a NBFC.
- HOV Services investors oppose stake sale in US based companyOn September 30, 2014, the board of directors of HOVS agreed to sell the 26.1% stake held by the company in US-based SourceHOV .
- GAAR scare: PE funds choose Singapore as Mauritius loses charmPrivate equity funds are choosing Singapore over Mauritius in reaction to proposed rules which will make the tiny African nation unattracti...
- Citigroup to pay $285 mn to settle SEC chargesGlobal financial major Citigroup has agreed to pay $ 285 million to settle charges levelled by the Securities and Exchange Commission.
- Citi signing off up to 6,500 pink slips: ReportsWorld's biggest bank Citigroup, is in for an aggressive round of layoffs, where it will start on Monday firing about 6,500 employees from i...
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