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| Blackstone eyes Citi's auto-loan biz unit: report | 19-NOV-09 |
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| Struggling financial services provider Citigroup is in informal talks with Blackstone Group and other private equity firms for selling its auto-loan business unit CitiFinancial Auto, a media report has said. |
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| Pandit will continue with $1 salary | 18-NOV-09 |
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| Vikram Pandit, the India-born chief executive of Citigroup, will continue to take the salary of $1 a year, although the financial services firm has raised base salaries for two of its senior officials. |
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| Citigroup, Stanchart pick up stakes in Sundaram Multi Pap | 17-NOV-09 |
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| The private equity investment arms of Citigroup and Stanchart India have purchased 8 and 2 per cent equity stake respectively in leading stationery products manufacturer Sundaram Multi Paper Ltd (Sundaram Multi Pap) from the secondary market. |
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| FedEx Launches Domestic Express Service in India | 12-NOV-09 |
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| FedEx Corp (NYSE: FDX) has announced the launch of FedEx India, a next-business-day* domestic express service for the Indian market. FedEx India will provide customers with a highly reliable and convenient shipping solution for their time critical commercial and non-commercial consignments across key Indian markets. The launch follows the company’s domestic express service launches in China, Mexico and the UK. |
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| Over 11,000 H-1B slots still up for grabs in US | 12-NOV-09 |
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| Over 11,000 H-1B visa slots, once the most sought-after among Indian professionals, are still vacant against the Congress-mandated cap of 65,000 for the fiscal 2010, according to US immigration authorities. |
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| Visas for Pak-born US nationals to be cleared by Delhi | 12-NOV-09 |
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| As an immediate fall out of the FBI foiling a LeT plot to use US nationals to carry out major terror attacks in India, the Indian Embassy here has tightened visa approval norms for Pakistan-born American citizens, whose applications would now have to be cleared by New Delhi. |
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| Office rentals in big cities start to go up: report | 09-NOV-09 |
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| Office rentals in the central locations of major Indian cities has started to pick up, although this did not have any positive impact on rental rates in decentralised office areas, according to real estate consultancy CB Richard Ellis (CBRE). |
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