Citi inaugurates 4.20 lakh sq ft space in Chennai & Pune

06 Jun 2022 CW Team

On Thursday Citigroup Inc, a US-based bank said it inaugurated two state-of-the-art workspaces located in Chennai and Pune under their Citi Solution Centres network to augment its capacity to serve the global clientele.

The locations in Chennai and Pune offer solutions for technology, analytics, operations, risk, finance, and allied services for institutional clients and personal banking and wealth management businesses.

The Leadership in Energy and Environmental Design (LEED), certified incremental spaces occupying 4.20 lakh sq ft at their existing locations, DLF Cyber City (Chennai) and EON IT Park (Pune) would increase their capacity to serve global clients of Citi.

Citi India CEO Ashu Khullar and Head of Operations and Technology (Asia Pacific), Stacey N Lacy in the presence of other senior officials inaugurated the facilities.

Khullar said that the increased workspaces would complement their existing facilities while they scale up to offer support to over 4,000 additional seats. This move will take Citi's digital strategy forward, which is to deliver market-leading digital banking products with superior client experiences.

Lacy said the expansion of Citi Solution Centre premises in the country shows their commitment to recruiting the best talent as their businesses chase growth and work with clients in this digital age.

They are focused on developing the next generation of talent to innovate, leverage new skills and give the best of CitiBank to their clients.

Image Source

Also read: Rental housing market searches increases 15.8% in Q1, 2022

Infrastructure Urban

03 Nov 2025

VE Commercial Vehicles Reports 13.2% Sales Growth in October

VE Commercial Vehicles (VECV)—a joint venture between Volvo Group and Eicher Motors—recorded sales of 8,050 units in October 2025, up 13.2 per cent from 7,112 units in October 2024. The tally includes 7,771 Eicher brand units and 279 Volvo brand units. Eicher-branded trucks and buses posted sales of 7,771 units in October 2025 against 6,911 units a year earlier, reflecting 12.4 per cent growth. In the domestic market, Eicher sold 7,070 units compared with 6,611 units in October 2024—a rise of 6.9 per cent. On the exports front, VECV achieved a robust increase, selling 701 units versus ..

BorgWarner Batteries to Power HOLON’s Autonomous Shuttle

BorgWarner, a global leader in sustainable mobility solutions, has secured a contract to supply its advanced battery system for the new HOLON urban—a 15-seater, Level 4 autonomous, fully electric shuttle developed by the BENTELER Group. This marks BorgWarner’s first contract for an autonomous vehicle battery system in North America. Each shuttle will feature two lithium nickel manganese cobalt oxide (NMC) 5AKM 157 cylindrical cell battery packs, each equipped with an integrated, replaceable contactor box and a multi-pack controller. The 57 kWh battery packs feature a modular design, stain..

AtoB to Acquire India’s LogiPe in Global Fleet Fintech Expansion

LogiPe, a leading Indian fintech specialising in real-time payments and fleet solutions, has announced its upcoming acquisition by AtoB, a global financial services company transforming fleet payments and spend management. The move aims to strengthen AtoB’s worldwide capabilities in delivering next-generation financial services for fleet owners and operators. Founded in 2022, LogiPe works with over 10,000 fleet owners across India, offering prepaid card-based payment solutions to logistics players such as Bigstock Logistics and Instant Transports. The company pioneered real-time payments an..