Friday, July 22, 2011

Business News


·         Citigroup’s Khattar to join Morgan Stanley
·         Komli Media buys ad firm ZestADZ
·         FM to meet industry leaders on economy

Citigroup’s Khattar to join Morgan Stanley
Citigroup Inc.'s Vikas Khat tar has resigned to join Morgan Stanley in India as a managing director and head of global capital markets, two people with knowledge of the matter said.
Khattar, 39, will join Morgan Stanley after completing his threemonth notice period at Citigroup in Mumbai, the peo ple said, declining to be identified because details aren't public yet. Khattar didn't respond to an email seeking comment.

Komli Media buys ad firm ZestADZ
Komli Media announced the acquisition of ZestADZ, a leading mobile advertising platform on Tuesday.
This is Komli Media's fourth acquisi tion within a span of one year, now enabling the digital media firm to offer a full suite of digital solutions including those across display, video, search, social media and now mobile.

FM to meet industry leaders on economy
Amid signs of sluggishness and spiralling inflation, finance minister Pranab Mukherjee will meet corporate leaders on 1 August to discuss ways to rejuvenate the economy.
Top leaders invited for the meeting include Mukesh Ambani, Anil Ambani, Ratan Tata, Kumar Mangalam Birla, Sunil Bharti Mittal, and Y.C. Deveshwar, finance ministry sources said.
(Source-: mintlive.com)