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Vikram Pandit launching new consulting firm

Last Updated: Friday, February 21, 2014, 12:29

Citigroup`s former Indian-American CEO Vikram Pandit is partnering with the co-author of the popular "Freakonomics" book series to launch a new consulting business, according to a media report.

Azim Premji may hike stake in JM Financial

Last Updated: Sunday, December 01, 2013, 16:13

As JM Financial awaits RBI view on its bank licence plea, market is abuzz with talks of billionaire Azim Premji buying additional five percent stake in the company that has also roped in former Citibank chief Vikram Pandit as a key investor for its banking pursuit.

RBI sets up panel to frame vision for financial inclusion

Last Updated: Monday, September 23, 2013, 17:59

The Reserve Bank Monday announced a 13-member committee, including former Citibank CEO Vikram Pandit and Axis Bank chief Shikha Sharma, to frame a "clear and detailed" vision for financial inclusion/deepening across the country.

JM Financial stock surges 17% after tie-up with Vikram Pandit

Last Updated: Friday, May 17, 2013, 15:49

Shares of JM Financial on Friday shot up by nearly 17 percent in morning trade, after the company said former Citigroup chief Vikram Pandit will buy stake in it.

Sensex fails to maintain early momentum; moves southwards

Last Updated: Friday, May 17, 2013, 09:55

The BSE Sensex on Friday failed to maintain initial gains and declined by seven points in late morning deals due to mild profit booking in consumer durables, healthcare, capital goods and banking sectors, following overnight losses in the US market.

Vikram Pandit to buy stake in JM Financial, to lead its banking foray

Last Updated: Thursday, May 16, 2013, 22:58

Beginning a new innings, former Citigroup chief Vikram Pandit will spearhead Nimesh Kampani- led JM Financial's proposed banking venture and will also make a strategic investment in the financial services group.

Citi to pay $6.6 mn to former CEO Vikram Pandit

Last Updated: Saturday, November 10, 2012, 09:57

The bank said the payments to Pandit and Havens reflect the progress the bank made in 2012 and work they did in some earlier years.

Was Citigroup CEO Vikram Pandit fired or did he resign?

Last Updated: Sunday, October 28, 2012, 21:03

Citigroup Chairman Michael O'Neill told investors in conference calls and interviews that the decision to step down was Pandit’s alone. “Vikram chose to submit his resignation and the board accepted it,” O’Neill said.

Citi Chairman planned Pandit's ouster for months: Report

Last Updated: Friday, October 26, 2012, 15:47

O'Neill, who had been on the board since 2009, had for long vied for Pandit's position of CEO, the report said.

'Indians as global CEOs continuing story; Pandit case one-off'

Last Updated: Sunday, October 21, 2012, 14:12

Despite Pandit's departure and the charges against another high-profile Indian-origin executive Rajat Gupta, the former Goldman Sachs director, the number of India-born CEOs at reputed international MNCs remains very impressive, the experts said.

Vikram Pandit's successor Corbat to take home $1.5mn base pay

Last Updated: Wednesday, October 17, 2012, 19:24

However, Citi, which under Pandit's stewardship returned to profitability, is yet to disclose details of severance package for the former India-born chief executive.

Vikram Pandit forced out as Citigroup chief: Reports

Last Updated: Wednesday, October 17, 2012, 14:39

According to media reports, Pandit's exit came in the wake of differences with the board.