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US Surgeon General Vivek H Murthy, India Abroad Person of the Year 2014

The India Abroad Person of the Year Awards, held at the National Museum of the American Indian in New York City on Friday June 12, honoured 14 achievers in seven categories. Image: US Surgeon......

Desi 'Bombshell Bandit' sentenced for 66 months

Sandeep Kaur had pleaded guilty to four counts of bank robberies earlier this year. Ritu Jha/Rediff.com reports from California. An Indian American woman dubbed the 'Bombshell Bandit' by the......

Desi 'Bombshell Bandit' pleads guilty to bank robberies

Sandeep Kaur could face up to 20 years for each robbery. Ritu Jha/Rediff.com reports from California. An Indian American, dubbed as the 'Bombshell Bandit' by the Federal Bureau of Investigation, on......

NRI charged with bank fraud in US

The United States Immigration and Customs Enforcement agents arrested a California-based man of Indian origin on charges of defrauding Wells Fargo Bank of $ 500,000 in September 2004, official......

Time For RBI To Change Penalty Rules

Penalty must act as a deterrent.If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay. Photograph: PTI......

Who will buy Citi's consumer business?

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay. Photograph: Mike......

Pros and cons of Indian banks' cross-selling initiatives

In a bid to gain a bigger share of the customer’s wallet, banks are ramping up their cross-selling initiatives. Report Abhijit Lele and Raghu Mohan. Illustration: Uttam Ghosh/Rediff.com What......

RIL, HDFC among 57 Indian companies on Forbes Global 2000 list

From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place. Illustration:......

Chanda Kochhar and 'clawback provisions'

'If she contests it, then these people will have to fight it in court.'Sachin P Mampatta reports. Illustration: Uttam Ghosh/Rediff.com ICICI Bank's move to stop all unpaid retirement benefits and......

The BEST FOREIGN Films of 2017

Aseem Chhabra gives us the top films that enriched his year. There was a lot of love in different shades in the films of 2017 that I liked -- from a mute woman falling in love with an alien, to a......

Aap Kaa Surroor producer jailed for 7 years

US-based mortgage broker and Bollywood impresario Vijay Taneja has been sentenced to 84 months in jail followed by three years of supervised release, and ordered to pay $33 million in restitution......

FIFA scandal: Banks did not do enough, says global agency

Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters A global group of government anti-money-laundering agencies said that financial......

FIFA probe: Warner's sons scrambled to deposit cash hoard at US banks

Two brothers who pleaded guilty in the FIFA soccer bribery scandal deposited large sums of cash in a frenzied series of visits to US banks, hoping to avoid detection by authorities, US court......

Kings XI Punjab duped by title sponsor

KPH Dream Cricket Pvt Ltd, the owners and promoter of the IPL franchise Kings XI Punjab, has filed a criminal complaint against its title sponsor, NVD Solar Ltd and its officials, for "cheating and......

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