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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel Africa appoints eight global Banks to work on IPO

The company plans to utilise this fund to lower debt of its Africa unit which stands at around USD 5 billion.

26 Nov 2018 11:02 AM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Citigroup cuts gold's three-month target

Gold has fallen from its annual high of $1,580 an ounce to the $1,460 levels now.

27 Nov 2019 2:23 AM IST

Paytm has revamped its app to make it even more user friendly and intuitive.

Citigroup looks to vastly expand India reach with Paytm tie-up

The new card should help Paytm stay a step ahead of rivals in the fiercely competitive digital payments market in India.

15 May 2019 11:49 AM IST

RBI Governor Urjit Patel

RBI to go for 25 bps rate cut in 2017: Citigroup

Global financial services major says monetary easing support to rates is waning as mantle is passed on to fiscal policy.

10 Jan 2017 4:16 PM IST

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Goldman Sachs,Citigroup to assist IOC stake sale

The others who have been selected are Deutsche Equities, SBI Capital Markets and ICICI Securities, sources said.

26 May 2017 12:26 PM IST

The report noted that lending rate cuts are key to cyclical recovery rather than reforms as reforms tend to push up growth only in the medium term.

25bps repo rate cut more likely in Apr than Feb: Citigroup

Central bank's timing remains uncertain, but possibility of a 25 bps rate cut is high in near-term.

2 Feb 2017 12:12 PM IST