GIC in talks to buy Shriram Properties' IT SEZ Gateway for $136M
The developer is also firming up plans for IPO.
 
Citigroup profit jumps as legal, restructuring costs fall
Citigroup Inc, the third biggest US bank by assets, reported a 16% jump in quarterly profit as legal and restructuring costs plunged
 
SBI Cards begins valuation exercise as partner GE Capital plans exit
With long-time joint venture partner GE Capital deciding to exit the financing business globally, SBI Card has started a valuation exercise for a possible new investor or a public offer
 
Foodpanda starts own delivery for orders on its platform
Foodpanda starts own delivery for orders on its platform - VC Circle
Rocket Internet-incubated global, multi-location online food ordering marketplace Foodpanda.com (which operates under Hellofood brand in some markets), has started its own meal delivery service in India.