Sundeep Tucker In Hong Kong And Jonathan Birchall In New York

Stories by Sundeep Tucker In Hong Kong And Jonathan Birchall In New York

Citigroup to hold fast in China and India

Citigroup to hold fast in China and India

Rediff.com   28 May 2009

The head of Citigroup's Asian operations ruled out selling the US group's stakes in Chinese and Indian banks.

China blocks Coca-Cola bid for Huiyuan

China blocks Coca-Cola bid for Huiyuan

Rediff.com   21 Mar 2009

China on Wednesday rejected a $2.4bn Coca-Cola deal that would have been the country's biggest foreign takeover, stoking fears of protectionism and warnings the decision could scupper Beijing's push to invest in overseas mining companies.

Pre-IPO gambles in India come unstuck

Pre-IPO gambles in India come unstuck

Rediff.com   25 Nov 2008

The shutdown of capital markets is causing a major headache for private equity firms, hedge funds and investment banks that piled in to Chinese and Indian companies ahead of expected stock market listings.

Banks vie to exploit Sino-India trade

Banks vie to exploit Sino-India trade

Rediff.com   5 Aug 2008

Commercial banks are moving swiftly to strengthen and expand their operations to service the companies responsible for soaring trade levels between India and China.

Starbucks in drive to improve 'experience'

Starbucks in drive to improve 'experience'

Rediff.com   24 Mar 2008

New initiatives in the US stores will include the introduction of a new blend of coffee named after the company's first store at Pike Place, Seattle, and the rapid roll out of the new low-level Mastrena machines - which allowing greater eye-contact with customers. The new machines will be introduced into 30 percent of its more than 7,000 US stores by the end of the year, and into three-quarters of its stores by the end of 2010. The company also said it had acquired the Cof

Emerging markets keep Coca-Cola bubbling

Emerging markets keep Coca-Cola bubbling

Rediff.com   14 Feb 2008

However, the world's largest non-alcoholic drinks company said that it remained well-placed to face any slowing in US consumer demand, as it reported results supported by strong international growth.

Fear of the unknown tempers IPO hopes

Fear of the unknown tempers IPO hopes

Rediff.com   25 Jan 2008

Last week's frenzy surrounding India's record initial public offering of Reliance Power was extraordinary - it seemed that everyone wanted a piece of it. The company, expected to make its public debut next month, attracted $190bn for $3bn worth of shares from institutions and retail investors. This week, things could hardly be more different.

Starbucks boss on the romance of coffee-making

Starbucks boss on the romance of coffee-making

Rediff.com   12 Jan 2008

Howard Schultz has returned as CEO of Starbucks with a mission: reinvigorating the "romance and theatre" of coffee-making that have been damaged in global expansion.

China and India deliver on M&A promise

China and India deliver on M&A promise

Rediff.com   21 Dec 2007

If 2006 was the year when companies in China and India hinted at their potential to redraw the global landscape for mergers and acquisitions, this has been the year when they started to deliver on their promise.

Contrasting approach to recruitment

Contrasting approach to recruitment

Rediff.com   18 Dec 2007

The differences between China and India, in terms of operating as a foreign investment bank, are highlighted by the contrasting personnel hired to lead the operations.

China, India keep building on success

China, India keep building on success

Rediff.com   18 Dec 2007

On the Dealogic measures, China and India now account for nearly half of all investment banking fees earned in Asia, outside Japan.

ABN Amro loses India chief

ABN Amro loses India chief

Rediff.com   13 Dec 2007

Romesh Sobti, ABN country head for India, will move to IndusInd Bank, a domestic private-sector institution controlled by the Hinduja family.

Goldman in $2bn property push

Goldman in $2bn property push

Rediff.com   10 Dec 2007

Goldman Sachs has amassed $2bn to use for property investments in Asia, a move likely to intensify competition for assets in fast-growing markets such as China and India.

What do Tata, Twenty20 & 20K have in common?

What do Tata, Twenty20 & 20K have in common?

Rediff.com   28 Nov 2007

Question: what do Tata, Twenty20 and 20,000 have in common? Answer: mention any of the three Ts in the company of an Indian and be prepared for an animated conversation.