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Citi Sacks 37 Senior Execs; May Lay Off 1,000 In India
Troubled banking giant Citigroup has sacked over 37 officials in India as the bank has announced 50,000 more job cuts ......
General
Mark Robinson To Replace Sanjay Nayyar As Citi's South Asia CEO
As Sanjay Nayyar moves out of Citigroup to pursue private equity interests at KKR, the U.S. financial major gets veteran Citi ......
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Bangalore MFI Ujjivan Raises Rs 94 Crore From Unitus, Others
Looking at the amount of money MFI's (microfinance institutions) are raising even in the current downturn, it indeed appears that the ......
Others
News Round Up: Govt To Open A Rs75,000 Cr Refinance Window
Gopinath Sells 1% In Kingfisher Airlines To Raise Funds For Cargo Venture : Captain GR Gopinath has sold nearly 1% ......
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Saudi Arabia's Prince Alwaleed Backs Citigroup Under Pandit
Saudi Arabian investor Prince Alwaleed bin Talal bin Abdulaziz Al Saud has said he will increase his stake back to ......
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News Round Up: Govt To Invest Rs 50,000 Crore In Indian Infrastructure
Government Imposes 5% Import Duty on Iron and Steel : The government imposed 5% import duty on specified iron and ......
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Suresh Gurumani To Be New SKS Microfinance CEO
India's leading micro-finance institution, Hyderabad-based SKS Microfinance, has announced the appointment of Suresh Gurumani as Chief Executive Officer of the ......
General
Recession Round Up : Japan in Recession, China Fears One
Citigroup To Cut 52,000 Jobs In Addition To 23,000 Job Cuts Made Earlier : After being among the biggest casualties ......
Others
News Round Up: Unitech To Sell Stakes In Hotels & Others
Nandan Nilekani Commits $ 5 Million To Yale India Initiative: Yale India initiative, an effort to improving studies in South ......
TMT
Star Buys Majority In Asianet; Forms JV With Rajeev Chandrasekhar
Asianet Communications Ltd (ACL), Malayalam's first entertainment television company, has finally landed in the hands of Rupert Murdoch's Star TV. Star will ......
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