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Barclays CEO resigns on interest rate scam

Barclays Plcon Tuesdaysaid its chief executive officer Bob Diamond has resigned with immediate effect after increasing pressure to step down following global interest rate manipulation scandal.The......

IndiGo's anchor book mops up Rs 832 crore

Highest-ever collection via this route; Rs 3,136-crore IPO opens todayInterGlobe Aviation, the company that operates the country’s most-profitable airline, IndiGo, raised Rs 832 crore (Rs......

RBI panel wants retail inflation as new policy benchmark

The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable......

Dell nears buyout, deal may happen on Monday

Dell Inc is nearing an agreement to sell itself to a buyout consortium led by its founder and Chief Executive Michael Dell and private equity firm Silver Lake Partners, possibly announcing a deal......

Ex-Barclays CEO to forgo 20 mn pounds deferred bonuses

Barclays' former CEO Bob Diamond, who stepped down last week amid the interest rate rigging scandal, will forgo deferred bonuses worth 20 million pounds (about Rs 171 crore), the British lawmakers......

Srinivisan to represent BCCI at ICC meet

ICC Chairman Narayanswami Srinivasan,left, and ICC Chief Executive David Richardson at the ICC headquarters in Dubai. Photograph: Francois Nel/Getty Images/strong> Narayanaswami Srinivasan......

Sports Shorts: Ibra shows sensitive side after winning Gold Ball

Zlatan Ibrahimovic of Sweden reacts. Photograph: Jamie McDonald/Getty Images Zlatan Ibrahimovic has been named Sweden's footballer of the year for the ninth time and although his eighth victory in......

MCC not bidding for IPL team

The Marylebone Cricket Club (MCC) has decided not to bid for the new Indian Premier League (IPL) franchises that would be unveiledon Sunday in Mumbai. After initial interest, MCC has decided......

Asian sports confident of surviving money crisis

Asian sports bosses remain confident they can ride out the global financial crisis despite conceding the region is not immune and they will have to start tightening their belts.Leading officials......
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Goldman Sachs executive Mark Schwartz to join Paytm's Board

Mark Schwartz One97 Communications Ltd, which runs mobile wallet and e-commerce platform Paytm, on Monday announced that Mark Schwartz, vice... ...
Tumbling airfares test nerves as low-cost carriers push for growth

Ryanair chief executive Michael O'Leary poses in front of a projection screen following a news conference in London, Britain August 31, 2016.... ...
Here are key takeaways from the minutes of first MPC meet

The Reserve Bank of India on Wednesday released the minutes of the first monetary policy committee (MPC) meet. The six-member MPC, headed by new... ...
UK Stocks-Factors to watch on Oct 17

Britain's FTSE 100 index is seen opening down by 10-14 points, or 0.1-0.2 percent lower on Monday, according to financial bookmakers. * The UK blue... ...
FOREX-Yen near one-month high, euro on defensive over European bank worries

By | TOKYO, Sept 28 TOKYO, Sept 28 The yen flirted with one-month highs on Wednesday, recovering from losses following Tuesday's U.S.... ...

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