He was once tipped to be one of China's NextGen leaders, someone who would guide the Middle Kingdom's future for the next decade, once the present leadership retired. In a dramatic saga, unparalleled in contemporary China, Bo Xilai suddenly fell from grace these past weeks, his wife now accused of murder. Nikhil Lakshman, who met Bo a few times, recounts those encounters with a Chinese politician like none other.
The 67-year-old former Goldman Sachs banker, who has been the chairman of the UK taxpayer-funded licence fee-backed British Broadcasting Corporation (BBC), said the investigation found he had breached the governance code for public appointments.
Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day.
Communist China's biggest political trial in decades involving disgraced top politician Bo Xilai ended on Monday on an acrimonious note, with prosecutors demanding "severe" punishment for the defiant pro-Maoist leader who accused a key official witness of having illicit relations with his wife.
The Indian duo needed just 35 minutes to beat Lu Ming-Che and Tang Kai-Wei of Chinese Taipei in the semi-finals of the Super 500 tournament.
Film stars are beloved in our cinema-obsessed country. Stars are not only watched and worshipped on screen but also talked about with much fondness.
A Chinese high court on Friday rejected the appeal of disgraced Communist Party leader Bo Xilai and upheld his life sentence for bribery, embezzlement and abuse of power in the country's biggest political scandal.
Disgraced Chinese leader Bo Xilai on Saturday said he had not acted to stop the embezzlement of government funds by his wife, the first time he has admitted to any of the charges against him since his trial began two days ago.
>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.
Enforcement Directorate is jointly probing the case.
Among the Sensex firms, HDFC Bank emerged as the biggest loser, falling 4 per cent. JSW Steel, Reliance Industries, UltraTech Cement, Maruti, Tata Steel, Wipro, Tech Mahindra, Bharti Airtel and Larsen & Toubro were the other major laggards. Power Grid, Asian Paints, Sun Pharma, Axis Bank, NTPC, ITC and Infosys were among the gainers.
The meeting to approve the merger of Udaipur-based BoR with the country's largest private sector lender ICICI Bank got off to a chaotic start.
A Pakistani media baron, the 45-year-old is the 37th full-time chairman of the PCB.
This is the fourth time in three decades that Aamir Khan and Akshay Kumar have had movie releases on the same day.
Disgraced Chinese politician Bo Xilai's wife and a helper working in their home have been charged with poisoning a British businessman to death, a case that triggered the downfall of the ruling Communist Party of China's powerful leader and rocked the country's politics.
Disgraced former Communist Party leader Bo Xilai was Thursday charged with bribery, embezzlement and abuse of power by prosecutors in China's eastern Shandong Province.
A Chinese state run newspaper on Sunday dismissed a United States media report alleging that the sacked Communist Party leader Bo Xilai wire-tapped President Hu Jintao as a tabloid tidbit, fabricated from dinner table gossip."
Once a K-drama buff, always a K-drama buff.
Kamalesh Chandra Chakrabarty has joined Punjab National Bank as its executive director and K Ramakrishnan has taken over as executive director of Bank of Baroda.
Bank of Baroda is likely to merge its housing finance arm with itself in view of duplicating loan portfolio and increased cost of deposits and the need to maintain separate capital adequacy for BoB Housing Finance.
From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.
Months before his ouster, disgraced Chinese leader Bo Xilai suspected a plot to poison his second wife by his son by his first marriage, according to a media report.
Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.
The recently released RBI First Quarter Review of Monetary Policy 2009-10 and the accompanying 'Macroeconomic and Monetary Developments First quarter review 2009-10 have indicated that on the basis of Balance of Payments (BoP) the export growth for 08-09 has declined by over 22% to 5.4% and also the import growth has declined by over 21% during the same period.
China's disgraced Communist Party leader Bo Xilai, who was sacked over allegations of sex, sleaze and corruption, has been handed over to judicial authorities for the trial to commence.
On Friday, November 3, 2023, Kangana Ranaut declared that she will contest the 2024 Lok Sabha election if Lord Krishna so wishes.
Unlike the new private sector lenders, BoR employees' wages are still governed by the industry wage package negotiated by the Indian Banks Association with bank staff unions.
Ahead of a generational leadership change in China's ruling Communist Party of China at its key Congress on November 8, the party on Friday expelled disgraced leader Bo Xilai and ordered his trial for shielding his wife's involvement in the murder of a British businessman.
The US Federal Reserve's interest rate decision, global market trends and trading activity of foreign investors are the major factors that would dictate terms in the equity markets in a holiday-shortened week ahead, analysts said. Equity markets will remain closed on Tuesday on account of Ganesh Chaturthi. From the global front, interest rate decisions from the Bank of England and Bank of Japan would also influence market trends.
Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.
The fate of ousted Chinese leader Bo Xilai's wife, who was accused of poisoning a British businessman to death, appeared sealed as four top police officers on Friday admitted covering up the murder a day after her trial ended.
An ex-police chief, who triggered a major political scandal in China by exposing the role of disgraced Communist Party of China leader Bo Xilai's wife in the murder of a Briton, stood trial for the second and final day on Tuesday, with prosecutors seeking a lighter sentence for him, saying he cooperated with investigators.
Purged Chinese Communist leader Bo Xilai could face criminal charges for blocking investigations into the death of British businessman Neil Heywood, as Whitehall mounted pressure on Beijing to probe the matter.
Reports of a factional feud in China's powerful ruling Communist Party over the purge of charismatic leader Bo Xilai, known for his radical Maoist views, have been discounted by the state-run media which said "stir" over his ouster will fade soon.
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
A group of veteran Communist Party of China (CPC) members have written to Hu asking for the sacking of leading politician Zhou Yongkang, who is the ninth member of the all powerful Standing Committee of politburo of the party, which rules the country, BBC reported.
We as customers have to be conscious and careful to sidestep numerous types of frauds made possible under a mindless shift to a digital ecosystem without customer-redress procedures, warns Debashis Basu.
Al-Hilal wrapped up a place in the Asian Champions League semi-finals as a 2-0 win over fellow Saudi Pro League side Al-Ittihad in Jeddah on Tuesday completed a 4-0 aggregate success and set a world record with their 28th straight win in all competitions.
Investors' wealth fell by Rs 2.89 lakh crore in two days of market fall, with the BSE Sensex tumbling 796 points on Wednesday, amid weak global market trends ahead of the US Federal Reserve's interest rate decision. Fresh foreign fund outflows and caution ahead of a host of interest rate decisions from global central banks also added to the overall bearish trend. Besides, the US Fed meeting, the BoE (Bank of England) and the BoJ (Bank of Japan) are also scheduled to meet this week.
Leading up to Valentine's Day on February 14, quick-commerce platforms like Blinkit and Swiggy Instamart have witnessed a phenomenal uptick in the sales of products related to the occasion, such as roses and chocolates. Meanwhile, e-commerce giants like Amazon and Flipkart have gone live with their respective Valentine's Day sale events, offering generous discounts on products. Sales of chocolates and roses on Zomato-owned Blinkit shattered previous records at the beginning of this year's Valentine's Day week, on February 7, which is celebrated as Rose Day.