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ICICI Bank ties up with BayernLB

ICICI Bank has finalised a co-operation agreement with Munich-based BayernLB. The agreement aims at extending synergies across areas such as treasury, capital markets, syndicated loans, trade......

Markets end lower on growth concerns

Markets ended 1% down on Thursday as disappointing third quarter GDP growth, the slowest pace in nearly three years, weighed on investor sentiment. The losses were led by financial and index......

Ecclestone says will fight BayernLB damages claim

Formula One boss Bernie Ecclestone said he would fight a $400 million damages claim that German bank BayernLB is planning to file in London over the sale of the motor racing business in 2005. The......

F1 stake sale ends unhappy bond

Formula One's biggest shareholder, German bank BayernLB, sold its stake in the business to CVC Capital Partners, ending a feud with co-owner Bernie Ecclestone over the world's top motor-racing......

Todt says FIA faces no risk of corruption

F.I.A. President Jean Todt is seen in the paddock. Photograph: Ker Robertson/Getty Images The International Automobile Federation (FIA) is in no danger of suffering the sort of corruption scandal......

Ecclestone challenges $1.5 billion tax demand

Formula One supremo Bernie Ecclestone (left) speaks to Matteo Bonciani (right), FIA media delegate. Photograph: Hamad I Mohammed/Reuters Formula One supremo Bernie Ecclestone has taken legal......

German bank set to sue Ecclestone for 345m euros over F1 sale

A German bank is on course to take legal proceedings against Formula One chief Bernie Ecclestone and his family trust fund for 345 million euros on account of the sale of its stake in Formula One.......

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