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.

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

\"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

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

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.

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

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

Wipro's PMI team is looking effective integration with Capco, which it acquired for  $1.45 billion

\"It is extremely important to suppress the pool of people that can be susceptible to the virus,\" said Pfizer CEO Albert Bourla

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

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.

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.

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

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

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

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

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.

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

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

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