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Citigroup Split Into Two: Deposit & Consumer Finance Businesses
Citigroup said it is splitting into two operating units, one of which will focus on core banking, while the other will ......
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News Roundup: Tata- Sasken JV Called Off
Lazard Asset LLC and Swiss Finance Sell Satyam Shares in Bulk Deals - Satyam computer services’ two major investors Lazard ......
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Govt Appoints Tarun Das, Two Others, On The Board Of Satyam
The Indian government has nominated three more directors to the board of Satyam Computer Services, taking the total number of ......
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News Roundup: LIC Raises its Stake in Over 11 Firms
Govt. Allows 100% FDI for Facsimile Editions of Foreign Newspapers - The government has allowed up to 100% foreign direct ......
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Intel Capital Invests $23M In One97, IndiaMART & A Training Firm
Intel Capital, the corporate venture capital arm of chipmaker Intel, has invested a total of $23 million in three Indian ......
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News Roundup: Govt. May Allow FDIs in Domestic Airlines
Unitech Plans to Raise $560 Million From PE Funds - One of the largest real estate developers in India, Unitech ......
TMT
Yahoo Hires 60-Year Old Carol Bartz As CEO; Sue Decker Quits
After two months of search, Yahoo Inc has finally found a chief executive officer. The world's most visited internet portal ......
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Alok Mittal Promoted As General Partner At Canaan
Canaan Partners has announced the promotion of Alok Mittal as a General Partner in India office. Mittal is currently a ......
General
News Roundup: Nilgiris to Unlock Real Estate Holdings for Rs 100 Cr
KPCL and BHEL to Form JV to Operate Thermal Power Plants - Karnataka Power Corporation Limited (KPCL) and Bharat Heavy ......
TMT
New Satyam Board Meets Press: New Auditors To Be Appointed Soon
The new Satyam Board appointed by the government is addressing media as of now. Deepak Parekh, Chairman, HDFC Bank, Kiran Karnik, ......
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