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CITIGROUP ACQUISITION
NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
JSW Infrastructure launches Rs 7,500 crore QIP, to fund capex, repay debtJSW Infrastructure has launched a Rs 7,503 crore QIP to fund expansion projects, reduce debt and pursue strategic acquisitions. The institu...
US stocks: Oaktree-backed ITG targets $2.7 billion valuation in US IPODigital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as ...
SpaceX bankers prepare for bond sale of at least $20 billionSpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows i...
SBI in $1 billion funding for Sun Pharma’s US dealState Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....
BofA taps Avendus dealmaker Anshul Gupta in major post-Mizuho exitBank of America is strengthening its India operations. Anshul Gupta joins from Avendus Capital to lead the investment banking division. Thi...
Citi sees India IPOs hitting fresh records despite challengesIndian initial public offerings are poised for a strong comeback in the latter half of the year. Citigroup anticipates deal volumes to meet...
Citi sees India tightening currency controls to halt Rupee slumpIndia may introduce more measures in the coming months to support the rupee and boost foreign reserves, including possible curbs on oversea...
Blackstone raises $1.75 bn in data centre REIT IPOBlackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence inf...
US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...
Kissht makes stock market debut at 12% premium over IPO priceDigital lending firm Kissht debuted on the BSE at a premium. The company's shares opened at Rs 191, climbing to Rs 208 by market close. Thi...
Sun Pharma explores funding mix for $12 billion Organon dealGlobal lenders are exploring various financing options for Sun Pharmaceutical Industries' proposed $12 billion acquisition of Organon & Co....
Bain Capital to sell stake in Bridge Data Centres at $5 billion valuationBain Capital is reportedly seeking to offload at least 40% of Bridge Data Centres, valuing the Singapore-based firm at $5 billion. This mov...
IKS in talks for $675 mln loan to fund TruBridge acquisitionInventurus Knowledge Solutions, a Mumbai firm, is nearing a deal to acquire TruBridge. The company is arranging a substantial offshore loan...
US stocks: Citigroup dismisses report of potential US regional bank acquisitionCitigroup has denied a Bloomberg report suggesting it was considering acquiring a U.S. regional bank, stating the speculation is "baseless....
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...
- TCS completes acquisition of Citigroup Global Services
Tata Consultancy Services said that it has completed the acquisition of Citigroup's India-based captive BPO services for 512 million dollar.
- TCS may complete CGSL acquisition
Tata Consultancy Services is likely to announce the completion of its Citigroup Global Services Ltd (CGSL) acquisition.
- BankAm may soon take over No 1 slot from Citi
Bank of America, a Charlotte, North Carolina-based lender which makes almost 95% of its revenue in the US, is on the brink of overtaking Ci...