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CITIBANK OUTLOOK
Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
Bank stocks’ $95 billion rout may deepen on macro risksIndian bank stocks face further pain as the central bank's currency market actions and rising energy prices dampen profit outlooks. Tighten...
Oyo parent files confidential papers with Sebi, eyes Rs 6,650 crore IPO at $7–8 billion valuationOyo parent PRISM has filed confidential IPO papers with SEBI, aiming to raise up to Rs 6,650 crore at a $7–8 billion valuation. The move fo...
RBI to cut rates three more times this year on tariff threat: CitiIndia's central bank is expected to cut rates three more times this year by 75 basis points, mainly due to the downturn in economic growth ...
Vedanta plans Rs 4,000-crore NCD issue to service debt paymentsThe holding company, Vedanta Resources (VRL), which holds a 56.3% stake in India-listed Vedanta, relies on dividends from its operating sub...
3 financial stocks Dipan Mehta is bullish onI think that certainly will add a couple of percentage points to their growth rates. And I think it is a very good deal from Axis Bank's pe...
IDFC First Bank leases Citibank’s erstwhile HQ tower in Mumbai’s BKC from Mindspace REITThe deal is another sign of the recovery in office leasing, not only in peripheral but also in prime business districts following the aggre...
Market Movers: SBI Cards, Wipro shares shine; 39 stocks give buy signalThe ongoing second wave of infections in the country have created uncertainties around more localized restrictions, which may cloud investo...
ET Awards' Global Indian Piyush Gupta: Making it big in a country where it’s easier said than doneIn September 2009, after 27 years at Citi, Gupta left to take charge of DBS Bank, Singapore, and in 11 years as chief executive, he changed...
$240 million equity infusion, acquisition and IPO plans: Inside JSW Group's expansion strategyWith the planned investments, the cement company expects to double its capacity of 25 mt to 50 mt by 2026 after the planned initial public ...
Healthy outlook from US banks is good news for Indian ITUS banks, including Citibank, JP Morgan, Goldman Sachs, Wells Fargo and Bank of America have said they would continue to invest in technolo...
Now, IT can’t 'bank' on it anymoreEconomic uncertainty forces clients to bring down tech costs and curb additional spending.
GMR Hyderabad airport looks to mop up $400m through bondsRating agencies Fitch and Moody’s have rated the proposed issue at BB+ and Ba1 respectively.
Adani Ports to raise at least $500 million by selling dollar bondsMoody's has assigned a Baa3 rating to the bonds in line with the company’s previous bonds.
Does your broker suggest funds from a group entity?Investors should be careful of brokers who go by a fund’s parentage instead of potential when they suggest schemes.
- 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...
- Chrysler considers merger options
US automaker Chrysler considered several new partnership options Saturday, including mergers with Renault-Nissan and General Motors, indust...
- CRISIL adopts cautious stance on Citigroup, Merrill Lynch
Taking into account the credit profile of Citigroup and Merrill Lynch along with the economic scenario in the US and Europe, rating agency ...
'Indian credit market is in its infancy'Citibank’s Asia Pacific Global Consumer Group head Stephen Bird, however, sees the inevitability of busts in the credit cycle in a growing ...
- Petronet LNG may sell stake to RasGas
A latest report by Citibank, Petronet LNG is willing to offer up to 30% stake to Ras Laffan of Qatar.