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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......

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 to axe 15,000 jobs, raise $5.1 billion in turnaround plan

This is part of an 'aggressive and decisive set of action' to shore up the company.  Standard Chartered said it would axe 15,000 jobs and raise $5.1 billion by selling new shares as its new......

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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Waterfield Advisors to reach $2 billion AUM by FY 2017

Waterfield Advisors, an advisory firm for family-owned businesses and trusts, has stated that it would reach an asset base of $2 billion by the end... ...

http://www.deccanherald.com/content/554885/waterfield-advisors-reach-2-billion.html
Android Pay makes its debut in Asia starting with Singapore

9to5 Google23 mins ago | Posted By: sonam narayan 0 Viewers 0 Android Pay has been very slowly making its way around the world and... ...

http://www.techgig.com/tech-news/editors-pick/Android-Pay-makes-its-debut-in-Asia-starting-with-Singapore-48682
Study

With pulses inflation high at 34 per cent, a better monsoon would reduce price pressure in lentils and in turn food inflation, a latest report has... ...

http://www.moneycontrol.com/news/wire-news/better-monsoon-to-reduce-price-pressurepulses-study_6944001.html
Call rates nudge higher on Tuesday

SENSEX 26524.55 121.59 0.46% NIFTY 8127.85 33.15 0.41% Interbank call rates, the rates at which banks borrow short-term funds... ...

http://www.finalaya.com/News/Call-rates-nudge-higher-on-Tuesday-N476059.aspx
Aditya Birla Group elevates Dev Bhattacharya as head of new businesses

Diversified conglomerate Aditya Birla Group has changed the role of Dev Bhattacharya, who is currently working as head of strategy, to head of its... ...

http://www.vccircle.com/news/general/2016/06/28/aditya-birla-group-elevates-dev-bhattacharya-head-new-businesses

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