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BusinessToday.In
April 16, 2021
Citigroup plans to focus on its non-US consumer banking operations in UAE, Singapore, London and Hong Kong as these places have a great concentration of wealth.


Aprajita Sharma
New Delhi, April 16, 2021
Investment platform Groww, raising $83 million at a valuation of $1 billion, is now the first VC-funded fintech start-up to become a unicorn. The series D funding round was led by Tiger Global. In an interview with Aprajita Sharma of Business Today, co-founder Lalit Keshre talks about fresh funding utilisation and key areas where they will offer services soon. The key ones include derivatives, deposits in tie-up with banks and US stock investment. They are eyeing insurance and lending businesses too. \"We will venture into everything, but investments will remain our focus,\" says Keshre. Watch the video to know more.WATCH MORE | What Indian investors should know about SPACsALSO WATCH | Max Life Insurance CEO Prashant Tripathy on price hike in term insurance plan


BusinessToday.In
April 16, 2021
\"We offer low prices, vast selection, and fast delivery, but imagine we ignore all of that for the purpose of this estimate and value only one thing: we save customers time,\" said Bezos


BusinessToday.In
April 16, 2021
Adar Poonawalla had said earlier that the US has implemented the Defence Act that bans export of raw materials leading to difficulties to several vaccine manufacturers


Sarthak Dogra
Noida, April 16, 2021
Jeff Bezos has penned his last annual letter to shareholders as the CEO of Amazon. Due to step down from his role later this year, Bezos shares the journey of Amazon to date and the beliefs which he held firm during the journey.


BusinessToday.In
April 16, 2021
Regulatory filings sourced from the business intelligence platform Tofler showed that Zomato is preparing to file a draft red herring prospectus (DRHP) with the SEBI and relevant stock exchanges within this month


PTI
April 16, 2021
The research found that the rare blood clotting known as Cerebral Venous Thrombosis (CVT) is more common after Covid-19 than in any of the comparison groups, with 30 per cent of these cases occurring in the under 30s


Rukmini Rao
April 16, 2021
Wipro's PMI team is looking effective integration with Capco, which it acquired for  $1.45 billion


BusinessToday.In
April 16, 2021
\"It is extremely important to suppress the pool of people that can be susceptible to the virus,\" said Pfizer CEO Albert Bourla


Joe C Mathew
April 16, 2021
ISA, as well as steelmakers have been deliberating with the government and points of concerns have been shared like a longer gestation time is required for steel mills to realise PLI benefits instead of five years, Dilip Oommen, President of Indian Steel Association (ISA) and CEO of AM/NS (ArcelorMittal/Nippon Steel) India says


Ajita Shashidhar
April 15, 2021
Unlike last year, when kirana store owners came to the rescue of consumers, this time around they are battling with the fear of contracting the virus.


Aprajita Sharma
April 15, 2021
While insurance companies have not hiked the premiums on health plans as yet, there are high chances that it may happen soon. Industry players see a hike in 10-15 per cent range in health insurance premiums by next quarter.


Nidhi Singal
April 15, 2021
Launched with Conservation International and Goldman Sachs, this $200 million fund aims to remove at least 1 million metric tons of carbon dioxide annually from the atmosphere, which Apple claims is equivalent to the amount of fuel used by over 200,000 passenger vehicles


Anand Adhikari
April 15, 2021
Citi has announced today its intention to exit from its consumer franchises in thirteen markets across the two regions which include India. This means  the oldest foreign banking entity will be exiting its consumer financing operations in the near future


BusinessToday.In
April 15, 2021
Zomato CEO Deepinder Goyal thought Swiggy was in violation of the orders issued by the Mumbai Police and Maharashtra government to curb the spread of the coronavirus, and urged Mumbai Police to clarify the rules


BusinessToday.In
April 15, 2021
Announcing its first-quarter results, Citigroup said it was closing retail banking operations in 13 countries across Asia, and parts of Europe to concentrate more on wealth management outside the US


BusinessToday.In
April 15, 2021
The company's revenue climbed 3.4 per cent YoY to Rs 16,245.4 crore in the quarter under review as compared to Rs 15,711 crore in the same period last year.


Niti Kiran
April 15, 2021
Unlike earlier, FY21 saw private equity investors focus majorly on portfolio deals across multiple cities and assets, rather on specific projects or cities


BusinessToday.In
April 15, 2021
Cleartrip is latest addition to list of acquisitions by Walmart-owned Indian e-commerce major in various sectors. Acquisition of Cleartrip enhances Flipkart group's position in India, which already has Myntra, PhonePe, eBay, Ekart, Jeeves, Jabong and Flipkart Wholesale as its subsidiaries


PTI
April 15, 2021
The new vertical would harness the strength of over 100 associates across different functions to make the company a global hub for two-wheeler exports, HMSI said in a statement


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