Vedanta promoters raise $1.4 billion to retire debtPromoters of Vedanta have pledged their holding in the company to raise $1.4 billion, mostly for repaying the debt that was coming up for m...
- Infosys on the lookout for acquisitions
The country's second-largest software exporter Infosys is on the lookout for acquisitions in the products and platforms space, a top offici...
- Citi's India arm cuts bad loans
The Indian arm of Citigroup recorded an improvement in terms of cutting down on bad loans in the first quarter of 2011.
- India is a major part of our emerging market story: Vikram Pandit
Whether it is business or policy makers or individuals in India, we are all on the same page. We would like to see India grow well & develo...
- RPG to rope in i-bank to sell 26% in Haldia
The Goenkas of RPG are poised to give a reputed global investment bank the mandate to rope in private equity funds to buy up to 26% in Hald...
- Citicorp Finance reduces stake in Kinetic Motor to 5.05 pc
Financial firm Citicorp Finance India reduced its stake in two-wheeler maker Kinetic Motor to 5.05 per cent by selling stocks in open marke...
- Citi sees credit deterioration in India in Q2
Citigroup, which swung into a second quarter profit, today said income from its banking division, Citicorp, fell by 40 per cent in Asia and...
- Citigroup CFO to become Citi Holdings Chairman
Citigroup is shuffling some of its executives, with Chief Financial Officer Gary Crittenden tapped for the newly created position of chairm...
- CRISIL revises long term rating outlook on Citibank India
CRISIL has revised the long term rating outlook on Citibank's Indian operations - Citibank India, Citicorp Capital Markets, Citicorp Financ...
- Court pulls up Citicorp Finance for employing goons
Citicorp Finance was slammed by a Delhi court for employing goons for repossessing a farmer's financed JCB construction vehicle.
- Six NBFCs eye Citicorp Finance portfolio
A host of NBFCs have shown interest in acquiring the commercial vehicle and construction equipment portfolio of Citicorp Finance. Dipping c...
- Loan recovery: Citicorp fined for using force
Unless a bank or a financial institution is equipped with a court order to repossess a vehicle which it has given on loan, it has no author...
- Citicorp gets go-ahead for 15% stake in Flemingo Duty Free
The government has approved Citicorp Venture Capital International’s proposal to pick up 15% stake in Flemingo Duty Free Shops Pvt Ltd (FDS...
- Citicorp buys 15% in Flemingo
Citicorp Venture Capital International has finalised a deal to pick up 15% stake in Flemingo Duty Free Shops Pvt Ltd (FDSPL), which runs du...
- Infy acquires Progeon stake from Citicorp
BANGALORE: Infosys Technologies Limited has acquired 87,50,000 equity shares, 23 percent on a fully diluted basis, of its BPO subsidiary Pr...
- Infy acquires Progeon stake from Citicorp
Infosys Technologies Limited has acquired 87,50,000 equity shares, 23 per cent on a fully diluted basis, of its BPO subsidiary Progeon Limi...
- Govt okays 24 FDI proposals worth Rs 204 cr
The government on Wednesday approved 24 foreign direct investment proposals worth Rs 204 crore, including Citicorp and Chrys Capital's plan...