Mar 28, 2017 at 10:51 | Source: Reuters
Tencent, which had an original target of about $2 billion for the loan, inked the deal on March 24 following commitments from a dozen banks, Thomson Reuters publication Basis Point reported, citing sources.
Feb 25, 2017 at 09:34 | Source: Reuters
Citigroup Inc on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.
Feb 22, 2017 at 16:00 | Source: Moneycontrol.com
The retailers announcement comes as a hard rap on the knuckles of Indian IT industry, which was already reeling under global gloom in the sector.
Feb 18, 2017 at 12:13 | Source: Reuters
Corbat received USD15.5 million in total compensation, including a base salary of USD1.5 million, a USD4.2 million cash award and USD9.8 million of stock-related incentives, according to a securities filing on Friday.
Feb 02, 2017 at 11:58 | Source: PTI
According to global financial services major Citigroup, the RBI's timing remains uncertain, but the possibility of a 25 bps rate cut is high in the near-term.
Jan 21, 2017 at 10:00 | Source: PTI
Among the anchor investors are Goldman Sachs Asset Management, ICICI Prudential Mutual Fund, Kotak Mutual Fund, Citigroup, IDFC Mutual Fund, DSP Blackrock, Capital World, Reliance Capital Trustee Company and Kuwait Investment Authority Fund, according to a release.
Jan 18, 2017 at 08:46 | Source: Reuters
Deutsche's agreement represents the largest resolution for the conduct of a single entity in misleading investors in residential mortgcage-backed securities, the department said in a statement. The settlement was higher than the USD 7 billion paid by Citigroup to federal and state authorities in 2014.
Jan 13, 2017 at 12:37 | Source: PTI
The shares are expected to list on rival National Stock Exchange (NSE) on or around February 3.
Jan 13, 2017 at 09:38 | Source: PTI
Kingdom Holding Co, which owns a 34 percent stake in the airline, said flynas has finalised the "deal with Airbus for the purchase of new aircraft." The statement gave no details of the number or type of planes that flynas will acquire.
Jan 10, 2017 at 14:22 | Source: PTI
The Reserve Bank of India is expected to go for only a 25 bps rate cut this year and the likelihood of an easing in April is more than in February, says a Citigroup report.