Your browser does not support JavaScript or it may be disabled!
 India As It Happens
Rediff Labs will showcase innovative products that rediff is working on behind the scenes.
News   |   Images
Get Realtime News
on your webpage

About 13 results for "citigroup rsquo"

Citi expects Sensex to hit 33,000 by Dec 2015

Citi expects Sensex to hit 33,000 by Dec 2015

At a time when global markets and investors are bullish on India’s equity markets, global investment bank Citigroup has revised Sensex December 2015 target to 33,000 from 31,000. It has also increased the Nifty target to 9,850 from 9,240. The brokerage further said that 2015 should be front-loaded with falling interest rates and back-loaded with actual economic recovery amid steady reforms. It also said that falling rates in a rising economy/earnings could fire the market more. Citi ..., 2 weeks ago

India surprised this year, may do so again in 2015: Citigroup

According to Citigroup, there are three internal risk factors to the aforementioned projections -- non-performing assets issues in the banking sector, jobless growth, and minority status in the Rajya Sabha. India has ‘really surprised’ in 2014 and it might do so again next year as the country's gross domestic product figure is expected to pick-up from 5.6 per cent in the current fiscal to 7 per cent in 2016-17, a Citigroup report says. According to the global financial services ...
 Rediff.com1 week ago

India's FY15 CAD estimated at 1.8% of GDP: Citigroup

The largest component in computing CAD is trade deficit. India's trade deficit widened to $13.35 billion in October as exports contracted 5.04 per cent and gold imports surged India's current account deficit for the current financial year is expected to be $36.7 billion, or 1.8 per cent of GDP, despite a fall in exports and rise in imports, says a Citigroup report. "We maintain our view of FY15 CAD at $36.7 billion (1.8 per cent of GDP), with risks balanced," Citigroup said in a research note ...
 Rediff.com1 month ago

Jignesh Shah exits MCX

Financial Technologies India Ltd promoter Jignesh Shah on Monday exited the Multi Commodity Exchange, the country’s largest commodity bourse that he founded in 2003, with FTIL signing an agreement with Kotak Mahindra Bank to sell its 15 per cent stake.“I am sure the Kotak Mahindra group, as a significant minority shareholder, will contribute to MCX’s growth. We look forward to a constructive partnership as its technology partner, ” Shah said.With Kotak’s entry, the ...
 Rediff.com2 months ago

IITians make a beeline to join Flipkart

The second day of the placement season at Indian Institute of Technology (IIT) - Madras on Tuesday saw e-commerce major Flipkart Internet Pvt Ltd recruiting 19 students - the highest offer so far this season.  Citigroup firm Citicorp Services came in second with 18 job offers.  A total of 77 students were placed on Tuesday during the forenoon session. In all, as many as 235 IIT-Madras students were selected by various companies.  Eaton Technologies offered jobs to 14 students, ...
 Rediff.com2 weeks ago

After 6 weeks of climb, Sensex takes a plunge

The 30-share Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463. Benchmark indices ended lower amid profit taking after they hit record all-time highs in the previous sessions. Index heavyweight ITC witnessed selling pressure in late trades amid reports on ban of sale of loose cigarettes. Analysts expect trading to be volatile in this week with traders rolling over positions in the futures & options (F&O) segment from November to December 2014 ...
 Rediff.com3 weeks ago

5 reasons why SBI's $1bn lifeline to Adani's Australia project needs to be questioned

Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi? For anyone who thought Indian banks' appetite to finance big ticket infrastructure projects had dried up, the news that the State Bank of India has extended a $1 billion lifeline to finance Gautam Adani's beleaguered coal venture in Australia might have come as a big surprise. SBI's decision, albeit subject to a 'detailed assessment of the company's mine'  has raised several eyebrows, ...
 Rediff.com1 month ago
Jagran Post

Apple plans aggressive expansion, likely to hire dedicated sales force for potential clients

Experts say the company hopes to offset a gradual deceleration in growth - highlighted by iPad sales that have declined three straight quarters - by expanding its footprint in the workplace. Three months after unveiling a partnership with IBM to develop apps ...
 Jagran Post1 month ago

RIL to sell 49.9% stake in US joint venture

Reliance Industries is looking to sell its 49.9 per cent stake in a US joint venture that owns a 460 miles pipeline network for transportation of shale oil and gas. RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production. "Pioneer Natural Resources today announced that the company is pursuing the divestment of its 50.1 per cent share of the Eagle Ford Shale Midstream business. "Reliance ...
 Rediff.com1 month ago

Sensex zooms 390 points to snap 3-day losing streak

Benchmark shares indices ended 1.5% higher on Thursday snapping a three-day losing streak led by financials following encouraging India growth forecast by the World Bank while delay in interest rates by the US Federal Reserve also boosted sentiment. The 30-share Sensex ended up 390 points at 26,637 and the 50-share Nifty closed 118 points higher at 7,961. Indian economy is likely to grow by 6.4% in 2015-16 compared with 5.6% in 2014-15, the World Bank said in its bi-annual South Asia Economic ...
 Rediff.com2 months ago
Prev | Next
Personalize your Realtimeclose [x]
Add content to your personalized tab - My News
Add upto 6 topics of your interest:
for eg.2g Scam , World
Personalize the tabs display. ( You can add or remove the tabs )
AlertsGet updates on latest news & your favourite topics right in your inbox.Set an Alert|Manage your Alerts


Realtime News

on your Webpage

Add Widget >Get your members hooked!
Get updated on latest news & your favorite topics right in your inbox!
More     Less