Bank of America has been hit by a whistleblower complaint that its officials in Asia had shared "non-public information" with investors "before the bank sold hundreds of millions of dollars of stock", reports the Wall Street Journal.
West Bengal minister Madan Mitra on Friday claimed that if he had the power he would have removed the state election commissioner and alleged that it was conspiring with opposition parties in the panchayat polls.
Sarita Kumari showcased her talent in the junior women's category
Bharatiya Janata Party MP Tejasvi Surya on Sunday, became the first public representative to complete the Ironman 70.3 Challenge in Goa, which included 2 km of swimming, 90 km of cycling, and 21 km of running, the leader's office stated in a release.
Haryana's 3000m steeplechaser Priti Lamba was on Monday added to the Indian athletics team for the Hangzhou Asian Games
The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view.
President-elect Donald Trump announced a slate of key Cabinet nominations, including tapping former Democratic presidential candidate Robert F. Kennedy Jr. as his Secretary of Health and Human Services and former Congressman Doug Collins of Georgia as Secretary for Veterans Affairs. Trump also named Jay Clayton as US Attorney for the Southern District of New York, Todd Blanche as Deputy Attorney General, and Dean John Sauer as Solicitor General of the United States.
Lawyers of embattled Goldman Sachs met with representatives of the US market regulator SEC this week, a move seen as an attempt to settle the lawsuit against the banking major, according to reports.
India currently does not have any XBB 1.5 variant-based vaccines available.
Congress MLA Mamman Khan has been arrested in connection with the July 31 Nuh violence case, police said on Friday.
The commission also asked Deshmukh to pay to the state government the expenses incurred during his air travel to Pune and Kolhapur districts last month to attend, what it called, "political and private functions."
'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'
Referring to section 6A of the Citizenship Act applicable exclusively to Assam, a five-judge constitution bench headed by Chief Justice DY Chandrachud said governments have to make compromises for the overall well-being of the nation.
The first phase of the crucial panchayat polls in West Bengal will begin on Thursday even as the ruling Trinamool Congress kept up its attack against the State E1lection Commission.
During his tenure with the group, Bagchi has held several key positions in retail banking, corporate banking and treasury.
Officials said security personnel, including those from paramilitary forces, have been deployed to keep a strict vigil. Security at inter-state and inter-district borders has also been tightened, they said.
US market regulator SEC has slapped penalties of over $16 million on spirits giant Diageo Plc for indulging in corrupt practices in India, Thailand and South Korea to push up sales of its leading brands like Johnnie Walker.
Celebrate Mother's Day with a scrumptious mango dessert. Or a cocktail.
The US regulator Securities and Exchange Commission has appointed heads of five new specialised units, in a move to rebuild its enforcement programme.
A summary of India's athletes' showing at the Paris Paralympics on Tuesday.
In a body blow to India's medal prospects in the Commonwealth Games, key sports such as hockey, badminton, wrestling, cricket and shooting have been dropped from the 2026 edition by host city Glasgow, which unveiled a pruned roster of 10 disciplines to keep the event budget-friendly.
The cap in G-Secs and corporate bonds now stands at $10 billion and $20 billion, respectively (up from $5 billion and $15 billion).
Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.
American sprinter Tyson Gay notched the world's best 100m record of 2011 with a 9.79sec run at an event in Clermont, Florida.
US market regulator Security and Exchange Commission and Sebi (Securities and Exchange Board of India) are not in favour of a joint investigation into the Satyam case, a top source said.
The Law Commission has said it is of the considered view that Section 124A of the Indian Penal Code dealing with sedition needs to be retained, though certain amendments could be introduced to bring about greater clarity regarding usage of the provision.
India is concerned that SEC might have influenced rating given to the country by Fitch.
The Supreme Court on Wednesday said it will commence hearing on October 17 to examine the constitutional validity of Section 6A of the Citizenship Act relating to illegal immigrants in Assam.
Dr Zachariah P Zachariah, arguably the most influential Indian- American Republican and a major fund-raiser for the party for more than two decades and a close friend of the Bush family, has been charged with insider trading by the United States's Securities and Exchange Commission.
The state declared only 4834 sensitive booths on which only CAPFs are deployed but actually, there were more sensitive polling booths, DIG Guleria said.
The court also left it to the discretion of the State Election Commission to take a call on extension of time for filing of nominations, refusing to consider a prayer in this regard.
A court in New Delhi on Thursday allowed the second bail plea of an SUV driver, arrested for his alleged role in drowning of three civil services aspirants in the basement of a coaching centre.
The Securities and Exchange Commission will issue rules next month to curb trading abuses in the mutual fund industry that favour large institutional investors over individual shareholders, SEC Chairman William H Donaldson has said.
Citigroup Inc has defended its $75 million settlement with the Securities and Exchange Commission over under-declaration of its subprime mortgage exposure, setting the stage for a federal judge to decide on whether to approve the deal, according to a media report.
In a setback to the West Bengal government, the Calcutta high court on Friday directed that panchayat elections in the state be held in three phases using central armed forces on dates decided by the State Election Commission, observing that primacy of the commission was not negotiable.
The Union government on Monday indicated it was hopeful of a favourable reply from the US Securities and Exchange Commission to a request for being lenient on scam-hit Satyam Computers, thereby allowing it to remain on the rehabilitation track."We are expecting to get a fair judgment (from the SEC)," ministry of corporate affairs' Secretary, R Bandyopadhyay, said here at an interactive session organised by the Bengal Chamber of Commerce and Industry.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The US government has asked a court in New York to slap a maximum penalty of $15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.
Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.
