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Birla drops a bomb: Voda-Idea will shut down if it gets no help

Birla said the company will have to opt for insolvency route in the absence of relief from govt.

Prince Philip

Dec 06, 2019, 04.02 PM IST



Citi's Q1 profit slips to $5b on reorganisation costs

Citigroup said on Monday its first-quarter profits fell 11% to $5.01 billion as the banking powerhouse set aside funds for a major belt-tightening plan for its worldwide operations.

Taj on prowl, eyes LA’s Four Seasons

Sources said IHCL has evaluated 2-3 options in LA and seems to be veering towards Four Seasons.

Chances of double-dip recession are remote, but stocks may correct

The chances of double-dip recession are remote, but we may be entering a p...

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  • Bollywood star Shilpa Shetty has said that she is keen to put the "Celebrity Big Brother" race row behind her, as she met Queen Elizabeth II and her husband Prince Philip at a Commonwealth Day event here.

    Several companies have started employee-driven corporate social responsibility (CSR) programmes

    According to reports, Citigroup could pay more than $800m for the deal

    Citigroup is in talks to buy Old Lane, a hedge fund firm co-founded by Vikram Pandit, in a move that could put the former Morgan Stanley executive in line for a top job at the largest US bank, The Wall Street Journal said on Monday.

    Old Lane is thought to have more than $4 billion of assets under management, the newspaper said.

    A report listed out Citi's Vikram Pandit, JP Morgan's James L Dimon and Goldman's Lloyd C Blankfein, among others with fat pay packets. Quick answers for investors

    The elevation of Vikram Pandit to a senior position in Citi will now see Indians in almost all the main international business of the largest US bank.

    It’s always been a good time to be in the business of movies, says Sir Ben Kingsley.

    Life came to a standstill in Morbi when clocks started using digital technology. But the story is far from over for the cluster, where players are diversifying into other businesses like snack foods, appliances and FMCGs.

    As the venue of the wedding of Prince William and Kate Middleton, Westminster Abbey in London will light up a billion TV sets tomorrow but ET finds equally fascinating the St Paul's Cathedral.

    Dawson is so laden with gold that miners rim their whisky glasses with gold flakes and the monied shower gold nuggets on devilish pretty dance girls

    In the past four years, disorganized transitions cracked the foundations under some of the world’s biggest financial institutions, including Citigroup, Merrill Lynch & Co.

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