The reality of Indian realty: More downs than ups

'Most real estate companies, were listed during the period of irrational exuberance. The sector at the time was at a peak after seeing steady growth over the last seven years. Hence, a correction......

JPMorgan, Morgan Stanley cool off Indian realty

According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate. At a......

Money laundering case: HSBC to pay $1.9 bn fine

HSBC Holdings Plc has agreed to pay $1.92 billion to settle a multi-year US criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank.HSBC admitted......

HSBC might pay $1.8 bn money laundering fine

HSBC Holdings Plc might pay a fine of $1.8 billion as part of a settlement with US law-enforcement agencies over money-laundering lapses, according to several people familiar with the matter.The......

Liverpool up for sale, new chairman appointed

English Premier League club Liverpool went up for sale on Friday after American owners Tom Hicks and George Gillett appointed Barclays Capital to find a buyer. Liverpool, English champions 18 times......

Barclays to oversee sale of Liverpool FC - source

The US owners of Premier British League Football team Liverpool are looking to sell the club and have appointed Barclays Capital to find a buyer, a source familiar with the matter said on Sunday.......

Tiger Woods undergoes knee surgery

Tiger Woods is expected to be sidelined for between four and six weeks after having arthroscopic surgery on his left knee in Park City, Utah on Tuesday. The world number one and 13-times major......

Liverpool FC refinancing deal sealed

Liverpool Football Club's American owners, Tom Hicks and George Gillett, are set to announce they have a sealed 350 million pounds ($685.4 million) refinancing deal, a city source told Reuters on......

Tiger fails to hunt any birdies

Tiger Woods failed to register a single birdie on his card for the first time in four years on the PGA Tour at the Players Championship on Thursday. The world number one, struggling on the greens......