All posts tagged India

Citi ATM

Former Citi CEO Pandit to acquire stake in India’s JM Financial

Vikram Pandit, the former chief executive of Citigroup Inc (NYSE:C), will acquire a stake in JM Financial Limited (BOM:523405) and participate in several new initiatives planned by the Indian financial services company. Pandit and his business partner Hari Aiyar will …

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Morgan Stanley

Standard Chartered in talks to acqurie Indian wealth management unit from Morgan Stanley

UK lender Standard Chartered Plc (LON:STAN) has engaged in discussions to acquire Morgan Stanley's (NYSE:MS) private wealth management business, Reuters reported, quoting two unnamed sources in the know. According

Whiskey

Diageo expects decision on United Spirits deal by end of first quarter

UK branded premium alcoholic beverages group Diageo Plc (LON:DGE; NYSE:DEO) anticipates that Indian regulators will give their response to its planned deal for Indian sector player United Spirits

RBS

Yes Bank CEO confirms interest in Indian assets of RBS

Indian lender Yes Bank Limited (BOM:532648) has not yet carried out due diligence on a potential

India

Citigroup’s PE arm invests $138m in the UK arm of Indian travel group Cox & Kings

Indian travel and tours company Cox & Kings Ltd (BOM:533144) announced today that CVCI Private Equity, part of US financial services giant Citigroup Inc (NYSE:C), has agreed to

Banks not helping small businesses

Standard Chartered interested in buying Barclays Indian arm

Standard Chartered Bank India, a unit of British Standard Chartered Plc (LON:STAN), is leading a race to buy some INR25bn (USD438m/EUR351m) worth of retail operations of rival Barclays

Wind Power

Morgan Stanley unit invests in India’s Continuum Wind Energy

Morgan Stanley Infrastructure Partners, a unit of US investment banking major Morgan Stanley (NYSE:MS), has agreed to invest INR12bn (USD210m/EUR167m) in Continuum Wind Energy, acquiring a majority stake

Indian Travel

Travel firm Cox & Kings in talks to sell UK unit to private equity

Indian travel and tours company Cox & Kings Ltd (BOM:533144) is looking to raise some USD140m (EUR111.5m) from the sale of a minority interest in its British unit

Outsourcing Global

Indian outsourcing firm WNS acquires BGL’s South African unit

India-based business process outsourcing (BPO) firm WNS (Holdings) Ltd (NYSE:WNS) said on Thursday it had taken over South African peer Fusion Outsourcing Services (Pty) Ltd from a

Information and Technology Conference in Kolkata, India

Yahoo’s Japanese arm in mobile phone portal JV with India’s Bharti Group

Yahoo Japan Corp (TYO:4689), a unit of US digital media giant Yahoo! (NASDAQ:YHOO), said on Tuesday it would create a joint venture to provide services in India with

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