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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......

Four US investment banks offer support for London after Brexit vote

JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector Four US......

Standard Chartered finds diamonds no longer a bank's best friend

Banks in some of the biggest diamond and jewellery markets such as India have reined in lending in the last two years. Standard Chartered said it will stop providing financing to parts of the......

StanChart looks to shed $1.4-billion loans in India

  Standard Chartered is looking to shed stressed loans worth $1.4 billion (Rs 9,284 crore) made to Indian firms, including the GMR group, to revamp its asset book. According to Bloomberg, the......

Can the new India CEO Zarin Daruwala lift fortunes of StanChart?

A veteran of 26 years with ICICI Bank, 50-year-old Daruwala resigned on November 17. As India CEO of Standard Chartered, Daruwala will report to Ajay Kanwal, regional CEO, Asean & South Asia. When......

Why Deutsche Bank's little jewel in India was spared the axe

Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc. Image: Anshu Jain had to resign after criticism from investors. Photograph:......

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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First Bank Third Quarter 2016 Net Income of $1.8 million, up 148.8% from 2015

Total Assets Surpass $1 Billion Threshold; Continued Strong Loan and Deposit Growth, Non-Interest Expenses Well Managed and Highly Favorable Asset... ...
Reliance Industries raises $573 million for six ethane vessels

RIL has ordered six very large ethane carriers, which would transport ethane from the US to Dahej in Gujarat Mumbai: Reliance Industries Ltd (RIL)... ...
RIL signs $573 million loan facility for six ethane carriers

Reliance Industries Ltd has raised a term loan of $573 million to partially finance the construction of its six very large ethane ships, the... ...
Kolkata's 50 best meals

(From L to R) Kathi roll at Kusum Rolls, a curry at Bombay Brasserie, butterscotch sandesh at Balaram Mullick & Radharaman Mullick Sweets. Photos:... ...
Flipkart, Amazon, Snapdeal

Go crazy this Diwali! Diwali 2016 is just around the corner, and to keep up with the festive spirit, top e-commerce websites in India are giving... ...

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