The Central Bureau of Investigation on Sunday issued a restraint order to prevent London-based NRI businessman Ravi Rishi, an accused in a case of alleged irregularities in purchase of Tatra trucks for the army, from moving out of the country.
Speaking at the Anglo-Indian Summit on 'Investing In India', Swraj Paul said every foreign investment decision was a comparative judgement -- an evaluation of geo-risk.
The money play in Jharkhand in the Rajya Sabha elections appears to be destabilising the Bharatiya Janata Party-led government, with its ally Jharkhand Mukti Morcha even threatening to pull it down if its candidate loses.
The Bharatiya Janata Party on Saturday came to the defence of senior party leader Murli Manohar Joshi, whom NRI businessman Anshuman Mishra has accused of meeting the officials of companies involved in the 2G scam, saying the charges levelled against him are "false" and "baseless".
Continuing his explosive tirade against the Bharatiya Janata Party, NRI businessman Anshuman Mishra on Saturday made several allegations about top leaders of the saffron party, during an interview with STAR News.
With a possible defeat staring at him, independent candidate Anshuman Mishra on Wednesday said he would withdraw on Thursday from the race for Rajya Sabha polls from Jharkhand after the Bharatiya Janata Party asked its members of Parliament not to vote for him.
Ram Buxani said increase in the customs duty on gold will help Dubai's business.
Actor-politician Shatrughan Sinha's son Kush tied the knot with Taruna Agrawal, who hails from a London-based NRI family, in Mumbai on Sunday in the presence of Prime Minister Narendra Modi.
Rupee has depreciated against major international currencies since July 2011.
The actor got into a scuffle recently and had to be bailed out. Here's a look at when he's turned violent earlier
Here's what your favourite celebrities are tweeting.
The actor reportedly had a scuffle with a fellow diner last night.
Though he went back to writing "beautiful scenes" for other Bollywood directors, his deep interest in the lives of ordinary citizens never slackened, evident from the way he made himself available to human rights groups whenever they called him.
Angad Paul, son of NRI industrialist Lord Swraj Paul, has died after falling from his penthouse home in central London.
RBI has allowed NRIs to invest in chit fund companies on a non-repatriation basis, subject to certain conditions
Despite the slowdown, property investments can give them good returns over the long term
Sukanya Verma looks at all the movies he's made so far. Tell us your favourite in the poll.
NRI businessman Anshuman Mishra, who withdrew from the Rajya Sabha race from Jharkhand at the last moment, on Friday claimed to have introduced PAC Chairman Murli Manohar Joshi to senior executives of 2G scam accused companies when the panel was probing the 2G spectrum case, a charge rubbished by the BJP veteran.
This year there are high expectations for lowering home loan interest rates, over the next 12 months and increased interest rate subsidy for loans up to Rs 50 lakh.
A bench comprising justices Altamas Kabir, Cyriac Joseph and S S Nijjar rejected the plea of NRI Thota Venkateswarlu that the trial court in Andhra Pradesh cannot take cognisance of a complaint of harassment, dowry demands and criminal intimidation lodged by his wife, as the couple were living in Botswana.
An impressive 21st century home for students and faculty of the prestigious Massachusetts Institute of Technology (MIT) was opened in the US, thanks to $1 million assistance provided by Ambika Paul Foundation headed by NRI industrialist Lord Swraj Paul.
Apparently referring to the 2G Spectrum scam and the Commonwealth Games irregularities, Paul in an interaction with PTI on Monday said, "Corruption should be condemned because it has become a national shame.
As means of transport or metaphor, the romance of trains is unmistakable in Hindi cinema.
The announcement came just ahead of the meeting of a ministerial panel, headed by Finance Minister Pranab Mukherjee, to look into the Cairn-Vedanta deal which was struck in August.
As far as people like Kamala Harris are concerned, it's okay to share a culture, but wrong to play domestic Indian politics during American elections,' notes Vir Sanghvi.
'Crores are spent on Martyrs Day and on lighting candles, but people don't respect living soldiers who are heroes.'
A fun excerpt from Diptakirti Chaudhuri's Bollygeek: The Crazy Trivia Guide to Bollywood.
'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'
Mexican billionaire Carlos Slim remained the richest person in the world with $74 billion in assets, while NRI steel magnate Lakshmi Mittal ranked sixth and Indian industrialist Mukesh Ambani is placed ninth in the US magazine Forbes annual list of world's top billionaires.
But actors Vijay and Ramya do a neat job.
The BofAML report said that five year money can be raised by issuing the 7 to 9 per cent coupon bonds to stabilise markets, just as it was done in 1998 and 2001.
Civil Aviation Minister Suresh Prabhu and Chief Minister Pinarayi Vijayan jointly flagged off the inaugural Air India Express flight, carrying 186 passengers to Abu Dhabi.
The controversial Canadian sprinter, who was stripped off his 100m gold medal during the Seoul Olympics, is in Goa for the past two days with two of his NRI students -- the Tumbar brothers, 18-year old Gurveer and his 17-year-old brother Karamveer. The two will be appearing for trials at reigning I-League champions Salgaocar.
At the annual Pravasi Bharatiya Divas, organised by the government ostensibly to celebrate the country's connection with the 27-million-strong Indian diaspora living in 150 countries, Mr Ahluwalia said last Sunday that India was reaching out to NRIs not for their money, but because it valued the long, socio-cultural footprint all Indians living in India and abroad shared.
The RBI has removed Yes Bank from its caution list of monitoring foreign investment following the dip in shareholding by foreign investors below the prescribed limit.
Company will also launch a global road show from May 23 for the bond placement.
The four-day event, which will conclude on March 11, saw many foreign aircraft companies display their flying machines. Rediff.com's Venkata Sathish gives a preview.
The Central Bureau of Investigation has arrested a sub divisional engineer of Bharat Sanchar Nigam Ltd of Roorkee, Ashok Chaudhary, and four private persons of Faridabad (Haryana) and Saharanpur (Uttar Pradesh), including an NRI kingpin based in Saudi Arabia, Sayeed Zaidi, for running a racket to cheat BSNL to the tune of several crores of rupees by illegally activating unmentioned ISD facility to local landline numbers.
If the view is that rupee will depreciate, hedge your exposure by using forward cover
As returns decline, with extent and time horizon uncertain, some of these investors look to shift to safer zones