Citi to cut 3,500 technology jobs in China as part of global revampThe reduction of staff at the China Citi Solution Centres in Shanghai and Dalian is expected to be completed by the start of the fourth qua...
05 Jun, 2025, 10.00 AM IST
Citi launches AI tools for Hong Kong employeesCiti said its AI tools are currently accessible to around 150,000 employees across 11 countries, including the United States, India and Sin...
22 May, 2025, 10.17 AM IST
Citi to cut up to 200 tech contractor roles in China, sources sayCitigroup is reducing its IT contractor workforce in China by up to 200 positions as part of a global strategy to enhance risk management a...
16 May, 2025, 03.32 PM IST
Citigroup plans to slash IT contractors, hire staff to improve controlsCitigroup plans to reduce its reliance on IT contractors from 50% to 20% and hire thousands of new employees to enhance its internal techno...
13 Mar, 2025, 04.30 PM IST
Citigroup trial reveals chain of gaffes that led to the $900 million blunderAt the heart of the breakdown was a system known inside the bank as the “six eyes” approval process. Under the six-eyes protocol, three peo...
10 Dec, 2020, 08.36 AM IST
American Retail giant Target to insource software projects from technology vendors like TCS & InfosysTarget has joined the likes of AstraZeneca and Lowe’s in deciding to insource and bring back some back-office software projects to their ow...
15 Feb, 2016, 11.18 AM IST
Argonaut Ventures, New Silk Route, Bessemer Venture looking to sell 80% stake in Kiran EnergyArgonaut Ventures, New Silk Route and Bessemer Venture Partners jointly invested about $44.4 million in 2010 in the startup founded by Arde...
23 Mar, 2015, 12.10 PM IST
- SBI sells $1-bn bonds, sets new benchmark in pricing at 3.25%
SBI has set a new benchmark in overseas bond pricing at a low 3.25% for its just-concluded USD 1 bn debt sale programme in global markets.
12 Apr, 2013, 06.34 PM IST
- SBI raises $1.25 bn from overseas bond sale at 3.75 pc
The nation's largest lender State Bank of India today raised USD 1.25 billion (around Rs 7,000 crore) from an overseas dollar-denominated b...
26 Jul, 2012, 04.28 PM IST
- Citigroup puts 'sell' on Areva T&D India
The company ended the quarter with a backlog of Rs 5,110 crore, up 21% y-o-y. It has maintained its leadership position in Q2CY10.
02 Aug, 2010, 04.59 AM IST
- AP-exposed stocks feel heat
While a political solution to the Telengana imbroglio is being hammered out, stocks of companies which have a large exposure to Andhra Prad...
23 Dec, 2009, 09.08 AM IST
- Scotland the nearshore destination for desi cos
With over 400 BPO companies, Scotland is emerging as a credible nearshore-cum-onsite destination in mainland Europe for Indian firms, given...
09 Jun, 2009, 06.57 AM IST
- Cos eye Scotland to service European clients
With over 400 BPO companies, Scotland is emerging as a credible nearshore-cum-onsite destination in mainland Europe for Indian firms, given...
09 Jun, 2009, 12.36 AM IST
- Over 130,000 financial job cuts announced since October: UN
There have been over 325,000 announced layoffs in the financial sector since August 2007, the International Labour Organization said, notin...
23 Feb, 2009, 09.21 PM IST
- Barclays plans thousands more job cuts
Barclays PLC said it plans to cut up to 2,100 jobs in its retail and commercial banking units, adding to redundancies of the same size in i...
14 Jan, 2009, 07.26 PM IST
- Sara Lee to cut 700 jobs worldwide
Diversified consumer business firm Sara Lee today said it will slash 700 jobs, which is expected to save $250 million.
11 Dec, 2008, 10.56 PM IST
- Ratan Tata among most powerful in UK construction industry
Ratan Tata has now made it to a list of 30 most powerful in the British construction space with a ranking higher than even the UK's Housing...
27 May, 2008, 02.30 PM IST