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Citigroup sells stake in HDFC for $1.9 billion

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Citigroup Inc said it sold its stake in Housing Development Finance Corp for $1.9 billion, as the bank steps up efforts to strengthen its capital base.

Citi said on Friday it would likely record an a

Funding squeeze pushes India Inc into PE's arms

Private equity investment in India is accelerating, as rising borrowing costs and dormant public markets in Asia's third-largest economy push companies to cut deals with buyout firms in return for muc

Funding squeeze pushes India Inc into PE's arms

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Private equity investment in India is accelerating, as rising borrowing costs and dormant public markets in Asia's third-largest economy push companies to cut deals with buyout firms in return for muc

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.