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.
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 ongoing fourth quarter earnings season, global factors and macroeconomic data would guide the trends in the equity markets this week, analysts said. Markets would also take cues from trading activity of foreign investors, rupee-dollar trend and movement of global oil benchmark Brent crude. "Domestically, the next batch of Q4 earnings reports will drive stock-specific movements, Hero MotoCorp, Larsen & Toubro, BPCL, State Bank of India, Eicher Motors and Tata Motors are some of the big names in the list and the next phase of voting," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd.
The Reserve Bank India's (RBI's) decision to ban the onboarding of new accounts on the "bob World" mobile digital platform led to a selloff in the Bank of Baroda (BoB) stock. The stock of the public sector bank dropped by around 3 per cent. The central bank cited "material supervisory concerns"; news reports claimed mobile numbers were randomly linked to accounts to purportedly inflate registrations on bob World.
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.
Be it Dhoom, Singham or the Munnabhai franchise, there are certain stories that have tons more to say or solid cash cow potential and Bollywood is all for it.
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.
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.
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.
Enforcement Directorate is jointly probing the case.
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.
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.
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.
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 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."
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.
>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.
This is the fourth time in three decades that Aamir Khan and Akshay Kumar have had movie releases on the same day.
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.
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.
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.
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.
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 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.
A Pakistani media baron, the 45-year-old is the 37th full-time chairman of the PCB.
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.
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.
ICICI Bank's move to amalgamate Bank of Rajasthan (BoR) with itself at a 1:4.72 ratio indicates the bank would pay a premium of 89.4 per cent to Bank of Rajasthan's closing stock price on Tuesday.
A forensic probe has been ordered into alleged irregularities by the department of financial services.
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.
Once a K-drama buff, always a K-drama buff.
China's intriguing scandal relating to Bo Xilai took a new turn with revelations that Briton Neil Heywood murdered by the expelled Communist Party leader's wife was a spy working for British secret service - MI6.
The boards of ICICI Bank and Bank of Rajasthan put their seal of approval on the share exchange formula arrived at last week, when India's largest private sector lender announced the move to amalgamate BoR with itself.
A Chinese forensic scientist has cast doubt on the official version of the death of a Briton, which triggered a huge political scandal, ending the career of senior Communist Party leader Bo Xilai, whose wife has been convicted of poisoning the UK businessman.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances