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CITICORP TWO
How is AU Financiers catching investor fancyADB, IFC, Dutch development Bank, FMO, Citicorp Finance, Franklin Templeton MF, ICICI Pru MF have pumped in Rs 3,365 crore in the past two-...
CIL, Mahindra Group, Benz make top offers at IIT-M placementsState-run Coal India, auto-major Mahindra and Mahindra and German luxury car maker Mercedes Benz made top offers at the ongoing placement s...
Mauritius court orders freeze on Shiv-Vani Oil's onshore assets as it failed to redeem bonds worth $84 millonThe court has also restrained Shiv-Vani from creating any securities or disposing its assets and given it time until May 30 to submit its r...
Profile over pay: IIT graduates reject Oracle’s crore to settle for lakhsTwo 21-year-old,IIT Kanpur engineers stunned tech major Oracle by turning down offers of crores to settle for lakhs with better profiles.
- Citigroup seeks buyers for CitiFinancial, says report
Citigroup is looking for buyers for CitiFinancial, the largest consumer finance company in the US, a move that would raise hundreds of mill...
- Shop for trucks at Shriram auto malls soon
Come October 2010, a 3-4 acre auto mall, with a gallery to accommodate 250 bidders and a yard to house hundreds of refurbished trucks, will...
- Citigroup restructures US consumer finance business
Citigroup Inc is closing 330 branches of its US consumer finance business as part of a restructuring aimed at finding a buyer for the unit,...
- 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...
- Citigroup makes new executive changes
Citigroup, the government-rescued US banking giant, said Monday it had confirmed Mike Corbat as chief executive of Citi Holdings, a new uni...
- Citi to treat HDFC stake as core investment
The move, for the time being, ends speculation on whether the American bank will sell its HDFC stake which is worth over $1 billion even to...
- Citi sells $12-bn government-guaranteed bonds
Citigroup has sold government guaranteed bonds worth 12 billion dollars, which will help the beleaguered entity to boost its balance sheet.
- Citi mulling board revamp, says report
Battered Citigroup is considering restructuring its board after the departure of long time members Kenneth Derr and Franklin Thomas in the ...
- Citi names Richard Parsons as chairman; Bischoff to retire
Battered Citigroup has named Richard D Parsons as its Chairman to replace Win Bischoff, who retires later this year.
- Citi to hive off India arms after global split
The move by Vikram Pandit will enable Citigroup to sell or spin off assets of Citi Holdings to raise cash to wipe out losses. Year of finan...
- 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.
- Telefonica Oi buys Brasil-Telecom for $3.5 bn
Brazilian telecommunications group Oi announced on Friday it had bought out rival Brasil Telecom for 3.5 billion dollars (5,863 million rea...
- Arcil offers staff 'carry bonus' to retain talent
In a move to attract and retain talent, Asset Reconstruction Company of India (Arcil) has proposed a unique structure, which is close to Es...