Citigroup Inc plans to raise up to $2.1 billion by selling its entire stake in Housing Development Finance Corp (HDFC) on Friday as part of the U.S. bank's efforts to shore up its capital base, three

Officials from top emerging market countries will discuss fledgling plans to set up a multilateral bank to fund projects in developing nations during upcoming Group of 20 meetings, a senior Brazilian

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

United Arab Emirates telecom operator Etisalat on Wednesday said it would shut down the operations of its Indian joint venture, three weeks after the Supreme Court cancelled the affiliate's licence am

The verdict in the trial of former Egyptian President Hosni Mubarak, charged with ordering the killing of protesters in the uprising that swept him from power, will be delivered on June 2, the judge s

Syrian President Bashar al-Assad's forces rained rockets and bombs down on opposition-held neighborhoods of the city of Homs, reducing buildings to rubble and killing more than 80 people, including tw

State Bank of India, the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines, a bank official said, denying reports that the state-owned creditor was close to off

Shares in Bharti Airtel Ltd fell as much as 4 per cent on Thursday after South Africa-based Econet Wireless said it is seeking at least $3.1 billion in damages in a dispute over ownership of the mobil

Fifteen Oscar statuettes are to be auctioned off next week in what organisers said on Tuesday is the largest collection of Academy Awards ever to go under the hammer.

Soul singer Adele added to her awards haul at the 2012 Brit Awardss on Tuesday and set the biggest night in British pop alight with a rousing performance of Rolling In the Deep.