Sat, Jan 20, 2024
Hindustan Unilever (HUL) shares dipped over 3% after missing analyst expectations for its December quarter earnings. Net profit remained stagnant year-over-year, falling short of estimates, while revenue also contracted slightly. Brokerage commentary was divided, with Citi retaining an "Equal Weight" rating and Nuvama trimming EPS estimates but maintaining a "Buy" stance.
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Fri, Dec 29, 2023
Recently, the RBI, to mitigate the heightened systemic risk amid the unprecedented growth in unsecured loans, has increased the risk weights associated with unsecured loans by 25 per cent for both banks as well as NBFCs.
Wed, Dec 06, 2023
CITI likes OMCs, why increased trust in OMCs? What is the new target for OMCs? Watch the full news in this video.
Mon, Jan 01, 2018
Contrary to the reports of Apple launching a video subscription product in 2018 to counter Netflix, analysts from Citi have said that the iPhone maker could possibly buy the entertainment company by taking advantage of US President Donald Trump`s corporate tax cut.
Fri, Oct 13, 2017
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Wed, Oct 04, 2017
State-run reinsurer General Insurance Corp of India`s (GIC Re) initial public offering of shares next week seeks to raise as much 113.7 billion rupees ($1.7 billion) in what will be India`s second-biggest IPO.
Fri, Mar 03, 2017
Citi, Bank of America Merrill Lynch, Axis Capital, JM Financial and SBI Capital Markets are managers for the sale.
Mon, Jan 09, 2017
Global brokerage Citigroup has lowered India's growth forecast to 6.8% for this fiscal from 7.2% earlier, as cash crunch has affected pick-up in consumption while uncertainty around demonetisation may further delay any recovery in private investments.
Fri, Jan 06, 2017
In a bid to provide competitive housing loan interest rates to home buyers, Citi India announced revision of its home loan rate by 0.7% on Friday.
Mon, May 23, 2016
"We are going to start the postal payments bank by March 2017. Very soon we will go to the Cabinet and postal payments bank will become operational from March 2017," Prasad told reporters.
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