The beautiful twinkling Christmas markets that come up across the world, as December begins, allow you to step into the magic Christmas.
The registration of foreign brokerage house Dresdner Kleinwort Benson Securities (India) Ltd has been suspended for 18 months for its involvement in manipulating scrip prices along with Ketan Parikh firms.
Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.
Soaring inflation and high interest rates are expected to take a toll on the Indian economy, which is expected to witness a growth rate of 7.5 per cent this financial year against 9 per cent in 2007-08, according to Germany based Dresdner Bank.
You think you can outsmart everyone else in the game of making money? Wake up!
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
Headhunters said the demand for foreigner CEOs is coming from companies that have developed a global footprint and sectors which do not have enough talent in the country -- hospitality, insurance, retail and power, for instance. They are meant to fill a need gap and are not just trophies on display.
German insurance giant Allianz is planning to widen base in India with foray in banking business through its unit Dresdner Bank, besides expanding its existing non-banking financial services.
Six women employees including a non-resident Indian are suing their company, investment banking major Dresdner Kleinwort Wasserstein, for sexual discrimination to the extent of £800 million.
London is the most expensive among main cities of Europe, as a range of goods and services are costliest in the British capital, a new study has found.
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