Aiming to intensify government's drive on black money, the PMO has asked the revenue department to look for ways other than bilateral tax treaties to bring back funds stashed abroad.
The HSBC Services Purchasing Managers' Index eased to 53.0 in March from February's eight-month high of 53.9.
While the first three parts of the operation, codenamed 'Red Spider', dealt with Indian banks (both private and state-run), the fourth part targeted a couple of foreign banks.
Firms have to adhere to strict compliance requirements mandated by global parents
Second seed Ritwik Bhattacharya of India shocked top seed and world No 11 Mohd. Azlan Iskandar of Malaysia 12-10, 11-9, 11-1 to clinch the men's Open title in the 33rd Bombay Gymkhana-HSBC Maharashtra State Open Squash Championships, at the Bombay Gymkhana on Friday. Women's top seed and India No 1 Joshna Chinappa overcame second seed Dipika Pallikal 12-10, 11-9, 11-9 to snatch the women's crown.
A clutch of global financial institutions led by T Rowe Price, HSBC and an investment arm of the Government of Singapore are the lead investors in the Rs 600 crore (Rs 6 billion) qualified institutional placement (QIP) issue of UB Holdings.
'If businesses are focused on de-leveraging, they can hardly be investing. This is the price extracted by investment mistakes during UPA rule, and should have been foreseen. 'But Modi-I must share the blame, for muted reform of the financial sector, partisan policy in telecom, the harm done to exports by an over-priced rupee, and so on,' says T N Ninan.
The Swiss Finance Ministry spokesperson further said the treaty states that "such persons or authorities shall use the information 'only' for such purposes.
The investigative arm of MRTPC has alleged flagrant flouting of the November 2005 RBI guidelines on credit cards by commercial banks like ICICI, HSBC and Citibank.
Foreign exchange reserves jumped $1.17 billion to touch a new record high of $355.46 billion.
You can no longer ignore equity linked saving schemes when you plan your tax-savinginvestments. Here's a look at how these funds have performed.
Like the US, India too has a sub-prime market and it is booming. The success of early entrants like Citi Financial and GE Money has encouraged several others to enter the consumer lending business, nearly half of which is a sub-prime market.
Local banks no match for foreign peers in global reach and better services.
HSBC Group Service Centre, Kolkata is recruiting Managers, Assistant Managers and Business Analysts.
The list, posted on a website link launched by the US regulator, includes ABB, HSBC, Nokia, Unilever, Cadbury, Total and Siemens among others.
National Hydroelectric Power Corporation, the central power utility, has shortlisted five merchant banks for its initial public offering likely to hit the market in first quarter of FY08.
Forbes magazine has compiled a list of the best 2000 global companies. 48 Indian companies figured on this list. Top amongst the Indian companies are Reliance Industries and PSU major ONGC at 193rd and 198th ranks. HSBC topped the list. Other Indian companies on the list are SBI, Indian Oil, ICICI Bank, NTPC, SAIL, Tata Steel, Bharti Airtel, RComm, HDFC, L&T, BPCL, RPower, RCap, BHEL, Infosys, Tata Motors, Wipro, ITC,Canara Bank, Central Bank of India, Union Bank of India,DLF
The index monitoring new business fell to a six-month low of 51.6 from March's 53.5, prompting some firms to cut jobs.
A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the US banking system to accounts around the world.
Citigroup's private equity arm Citigroup Venture Capital International, Baring Private Equity, TPG and 3i are the front-runners to acquire an equity stake in Sharekhan, the retail brokerage arm of the Mumbai-based SSKI group.
Second seed Sandeep Jangra and top seed Joshna Chinappa won the men's and women's titles in the 32nd Bombay Gymkhana Maharashtra State Open Squash Championships.
Bharti may look at gaining market share pre-merger and benefit from a lower capex intensity
Interestingly, majority of the 26 highly user-friendly websites come from the world of e-commerce.
Srei Infrastructure Finance is set to be the first Indian company to go for Islamic financing for over Rs 200 crore
Is this 'Yashpal Kapoor' the late Congress leader, one of Indira Gandhi's closest aides in the 1970s?
Manufacturing growth in India lost momentum in February.
Black money Bill: Govt may widen disclosure window to 3-6 months.
The slowdown in the US economy along with domestic factors like service tax on leased and rented premises and imposition of minimum alternate tax may impact revenues and earning growth rates of all major IT companies of India.
The US slowdown, service tax on leased and rented premises and imposition of minimum alternate tax are expected to take a toll on the revenue and earnings growth rates of all frontline IT companies in 2007-08.
The list includes 1,195 Indians with funds totalling $4.1 billion.
Can call centre thefts end India's flourishing BPO business? Do such deeds give India a bad name? Tell us what you think.
Investment trend by foreign investors will also be closely watched for stock movement
Captive centres set up by multinational corporations in India are posing a serious threat to the domestic outsourcing companies.
Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 cases were reported by the ICICI Bank.
In the case of Iran, the lifting of sanctions has paved the way for direct relations.
India CEOs of 12 banks form pressure group within IBA.
Nokia has tied up with Citibank, HDFC Bank, Axis Bank, Standard Chartered, HSBC, ICICI Bank and SBI Cards for the EMI scheme and the offer will be available to consumers with credit cards from any of these banks.
