Scores of activists of Arvind Kejriwal's India Against Corruption were on Saturday briefly detained by the police while staging a protest outside the family home of the Ambani brothers in Mumbai to demand a probe into alleged parking of black money by them in a Swiss bank.
The brothers say that the accounts were opened when they were NRIs and were legally allowed to do so.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Special Investigation Team on black money will hold a meeting.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
List of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China
Activist-turned-politician Arvind Kejriwal on Friday took on the issue of hawala money stashed in Swiss bank accounts.
Reliance has no illegal Swiss Bank accounts.
The new orders sub-index, which includes domestic demand as well as orders from abroad, rose to 53.2 in May
Indians want to have a little more clarity and certainty before they invest, says Naina Lal Kidwai, Executive Director, HSBC Limited and Country Head, HSBC India.
RBI has held its short-term lending (repo) rates unchanged at eight per cent since April 2012.
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Useful tips to protect users of credit and debit cards from being target of frauds.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
There's need to address growth, but weak rupee putting pressure on prices.
The government on Tuesday said it cannot disclose the identity of persons involved in black money cases before initiating prosecution proceedings.
Before joining IndusInd Bank, he was the regional head of RBS' corporate solutions business in Asia Pacific region and was based in Singapore.
According to the latest data released by the Reserve Bank of India (RBI), the number of credit cards in the country increased by 128,000 in May. HDFC Bank added the most number of cards in May (69,974). State Bank of India (SBI) was next with 34,183 cards. SBI sells credit cards through SBI Cards, its joint venture with GE Capital. However, ICICI Bank and HSBC have reduced their credit card portfolios by 11,029 and 11,024, respectively.
While markets are watching the rupee touch record lows, Paul Mackel, Head of Asia Currency Research-Global Research at HSBC, says the currency is not yet in a free fall.
The widely tracked HSBC Purchasing Managers' Index (PMI) rose to 54.2 points in December, the fastest in a month since April 2009.
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HSBC and Tata group were among the top companies who hired the first batch of IIM-Rohtak graduates.
The Reserve Bank may cut key interest rates as early as this week.
The UPA government has been facing a lot of flak for not doing enough to unearth the black money kept by Indians in banks abroad. Sheela Bhatt reports.
Adam Scott's caddy Steve Williams has escaped official punishment for his racist remark about former employer Tiger Woods after a high-level meeting of golf officials in China on Sunday.
EPFO's advisory body FIC on Thursday shortlisted five entities --ICICI Securities, Reliance Capital, HSBC Asset Management Company, SBI and ICICI Prudential -- for managing its corpus of Rs 3.5 lakh crore (Rs 3.5 trillion).
The slowdown fear, as substantiated by various parameters like the HSBC Purchasing Managers' Index as well as the Index of Industrial Production, has gripped large companies but the smaller entities still seem hopeful of excellent growth. At least, tax collection figures show this trend.
The question is which tool it should use to shift gear.
The index went below the crucial 50 mark.
Decision to hinge on Q3 GDP, Feb inflation data and supply-side reforms in the Budget
Market meltdown and volatility pushed many traders to the sidelines.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Dogged by brokers' interference, exits at the top and clash of opinions, regional stock exchanges still struggle to launch their trading platform.
The loss before tax shot up 262 per cent to Rs 492 crore for the financial year ended March 2016.
The Centre on Wednesday placed a list of names of 627 Indian account holders in HSBC bank, Geneva in the black money case before the Supreme Court which asked a Special Investigation Team to go through the list and take appropriate action in accordance with law.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
Arab Gulf economies are set to benefit from large government spending programmes and high oil prices in the second half of the year, despite concerns over political turmoil in the Middle East and Europe's sovereign debt crisis, a senior bank official has said.
Analysts see FY16 CAD at 0.5-0.6% of GDP.