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RBI probes banking gaints on money laundering charges

A shocking revelation that banking giants HSBC and Standard Chartered are suspected to have laundered money for drug cartels has prompted an in-depth inquiry by Indian investigation agencies. The......

StanChart rejigs board; CEO Sands, Asia head Bindra to leave

Overhauling its leadership team, British lender Standard Chartered Bank on Thursday announced a new global CEO and a new head for its largest market Asia, in place of incumbents Peter Sands and......

StanChart firing big time, employees in India too face axe

India is a priority market for global banking giant Standard Chartered (StanChart) which has announced a major layoff in its retail banking business spread across countries The bank in a press......

Standard Chartered to axe 4,000 retail bank jobs globally

Standard Chartered is closing the bulk of its global equities business and axing 4,000 retail banking jobs as Peter Sands moves to aggressively cut costs to reverse the Asia-focused bank's......

StanChart sharply cuts India current account gap target

Standard Chartered sharply cuts its forecast on India's current account deficit for 2013/14 to $45 billion, or 2.5 per cent of GDP, from its August expectation of $71.8 billion, or 4 per cent of......

StanChart cuts India's FY'14 GDP growth forecast to 4.7%

Standard Chartered on Friday lowered India's growth forecast for the current financial year to 4.7 per cent from earlier 5.5 per cent, citing "upside risks" to inflation and fiscal deficit.......

StanChart extends $30 Million/Year Liverpool sponsorship

Asia-focused bank Standard Chartered has extended its sponsorship of Liverpool Football Club for two years, continuing one of the most lucrative deals in English sport. Standard Chartered, which is......

Cricket South Africa to honour Tendulkar

Cricket South Africa (CSA) will honour Indian cricket legend, Sachin Tendulkar, at the historic Standard Bank International Pro20 match at the Moses Mabhida stadium in Durban on January 9,......

'Weather would be a worry'

The Standard Chartered Mumbai Marathon 2006 received a tremendous boost when celebrities from various walks of life got together at the Hotel Hilton Towers in Mumbai on Tuesday to promote Asia's......
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Nifty hits 8950, Sensex strong; Banks surge, ITC falls 3%

9:22 am Big fall: Shares of ITC slipped another 3 percent unable to gulp down the excise duty hike on cigarettes proposed by Finance Minister Arun... ...

http://www.moneycontrol.com/news/local-markets/nifty-hits-8950-sensex-strong-banks-surge-itc-falls-3_1317826.html
Will higher fiscal deficit at 3.9% change anything?

O Samiran Chakraborty, head - research at Standard Chartered India says the market won't be too disappointed with a 3.9 percent against a 3.6... ...

http://www.moneycontrol.com/news/economy/union-budget-2015-will-higher-fiscal-deficit-at-39-change-anything_1317525.html
Budget reaction comment from VU Technologies

Devita Saraf is the CEO and Design Head of Vu Technologies. In a short span of 6 years, Vu Technologies has become the most valuable Television... ...

http://www.apnnews.com/2015/03/01/budget-reaction-comment-from-vu-technologies/
FM Arun Jaitley serves up sweet & sour recipe for bond markets

The Budget has pegged the market borrowing for FY16 at Rs 6 lakh crore on a gross basis and Rs 4.56 lakh crore on a net basis. Traders are... ...

http://www.financialexpress.com/article/economy/fm-arun-jaitley-serves-up-sweet-sour-recipe-for-bond-markets/49078/
ONGC MOST PROFITABLE PSU, BSNL WORST PERFORMER IN 2013-14

NEW DELHI: Oil explorer ONGC was the country's most profitable PSU in 2013-14, while telecom major BSNL was the worst performer, says the Economic... ...

http://www.ipanewspack.com/oilgas-2/ongc-most-profitable-psu-bsnl-worst-performer-in-2013-14/

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