Citigate Dewe in India

The company is in talks with the government to handle the privatisation of public sector companies. The firm had handled international media relations and communication advice for the GDR issues of Videsh Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited in 1997. Its clients in India currently include Digital Equipment India Limited, Wockhardt and Biwater International.

A market researchstudy by Citigate found 26 per cent of respondents believed investor relations led to a better understanding of companies by investors and 23 per cent believed it led to well-informed investors, built investor support and created shareholder value. 8220;The survey was done with 32 CEOs of leading listed companies and 84 per cent of them said they planned formal institutional investor relations,8221; Catherwood said.