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Citigroup in talks for $15 bn equity offering: report
Global financial services firm Citigroup is in advanced talks with regulators over its plans to raise more than $15 billion through an equity offering, a media report says.

Astec LifeSciences IPO price fixed at Rs 82
Agro-chemical and pharma company Astec LifeSciences today said that it has fixed the price of its initial public offer at Rs 82 per equity share, the upper end of the price band.

News of the day

Citigroup stuck with Bernanke offer rival banks plan to refuse
When financial stocks slumped in February to the lowest level in at least 17 years, US Federal Reserve Chairman Ben S Bernanke told Congress the government might end up owning “substantial” stakes in the country’s biggest banks.
Small Business

Dr Reddy's launches skin care product Strea Professional

Drug maker Dr Reddy"s Laboratories today said it has launched a skin-care product, Strea Professional, in the country. Sensex ends up 35pts The product has been in-licensed from Italy"s Gruppo Phitogen, the company further said. According to an industry estimate, the market size of the aesthetics industry in India is about Rs 100 crore.


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