ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
Citibank is no longer quite the king of the Indian credit card market. It has been dethroned by ICICI Bank, which now claims it has 3 million credit cards.
Investment trend by foreign investors will also be closely watched for stock movement
Shares of most European banks are down significantly.
In the offshore non-deliverable forwards, the one-month contract was at 62.26/36, while the three-month was at 62.83/93.
Two Indian women are among the world's top 50 businesswomen announced by the Wall Street Journal on Monday.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India's first ever inside office golf tournament is set to be launched by Allied Domecq Spirits & Wine (I) Pvt. Ltd. (ADSWI), a subsidiary of Allied Domecq PLC, the second largest spirits and wine company in the world and 9 Yards Sports & Entertainme
'With 1.3 billion consumers, India's market has great potential.'
Bharti may look at gaining market share pre-merger and benefit from a lower capex intensity
Firms have to adhere to strict compliance requirements mandated by global parents
The government introduced new tax rules on Wednesday aimed at reducing litigation with multinational firms over cross-border transactions the government considers tax avoidance schemes.
Governor Raghuram Rajan's move to cut the MSF rate, at which banks borrow if they exceed their repo borrowing limits, by 0.50 per cent to 9 per cent should not be construed as a reversal in his policy stance and is more of a normalising measure, Citi said in a note.
The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion.
These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Finance Minister Arun Jaitley on Monday said the NDA government has done more work to fish out black money than any other previous government in a short span of two years and all efforts are afoot to book those who have not taken advantage of the disclosure scheme.
Delaying action on climate change will hurt growth: Global CEOs.
Identity of 427 account holders abroad has been established and 250 of them have admitted to having accounts, Finance Minister Arun Jaitley revealed on Wednesday.
It is not clear whether the drop in offers is a fallout of demonetisation.
New York's main contract, West Texas Intermediate for February delivery, was up 22 cents at USD 98.64 in mid-morning trade while Brent North Sea crude for February rose 17 cents to $ 110.97.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
Investigations against black money holders in Swiss bank accounts, known as the HSBC list, have been put on a fast-track as the CBDT has asked tax sleuths to quickly gather all foreign-based evidences in these cases and render final action by March-end.
Based on the evidence at hand, Modi's goal of scripting a broader, lasting upturn appears some way off, says Rajesh Kumar Singh.
Raising the issue during Zero Hour, he said SBI has signed an MoU pledging one of the single largest loans to a corporate house despite five international banks refusing to lend to the Adani project.
The company will finalise the final pricing for allotment of shares later.
UBS reduced its Nifty target to 8,600 by December from 9,200.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
Industrialist Yash Birla, as also two Mumbai-based individuals behind City Limousines scam, are among five Indian nationals with Swiss bank accounts.
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
The moves by the RBI, announced late on Wednesday, should increase supplies of gold and brighten the earnings outlook for jewellery makers after the government took tough measures to curb imports last year, analysts said.
