Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.
The wax figures will be dressed in the PM's signature kurta and will be making the 'namaste' gesture.
In the information economy, where attention is the currency, marketers can only win their share of attention if they prove to be trustworthy
Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
the three investors that have submitted their final bids are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is that PMC may lose its cooperative bank characteristic after its reconstruction.
Here's a glimpse of all that happened around the world last week, in 14 images
Bhupendra Kumar Modi is the founder of $2-billion Spice Group.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
Security officials on Wednesday revealed that suspected operative of Pakistan's spy agency Inter-Services Intelligence Mohammed Zaheed Hussain, who was arrested days before the twin blasts in Chennai, was part of a larger mission to target critical national assets and some foreign establishments.
"He is expected to be produced before the court for a second bail application hearing on March 29," a court official in London confirmed on Tuesday.
These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.
The company is set to be India's first microlender to become a bank
The Enforcement Directorate (ED) has summoned Rajkot-based bullion trader Pankaj Lodhiya, whose name figured in the list of black money holders submitted by the government to the Supreme Court, to probe if he was involved in hawala trade.
Digitally driven businesses have cut short the time to market significantly.
Bandhan Financial Services, which is to start banking operations soon, has received a combined equity commitment of Rs 1,600 crore (Rs 16 billion) from International Finance Corp (IFC) and GIC, Singapore's sovereign wealth fund.
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.
SBI's Bhattacharya is ranked second on the list, while ICICI's Kochhar is 5th and Axis's Sharma is 19th in the Fortune list
'Patriotism is a sentiment, a feeling of belonging to a place.' 'Nationalism is an ideology, and like all ideologies, it is absolute and restrictive in nature,' Ashis Nandy, arguably India's leading social thinker, tells Geetanjali Krishna.
According to the survey carried out by IDC recently, India scores the highest (8.5) on the happiness quotient of its banking citizens, followed by Indonesia (8.33), New Zealand (8.27) and China (7.93).
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
The Supreme Court while delivering the verdict had appreciated the role of the Delhi Police for collecting unimpeachable scientific evidence to prove the case beyond reasonable doubt in the court.
The Taiwanese government is investigating whether Xiaomi Inc, China's leading smartphone company by domestic shipments, is a cyber security threat and will make a decision within three months.
New offerings by banks are changing the way you transact.
India Inc has few leaders who are likely to grab headlines in 2015.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Find out if your favourite business school features in the list.
The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge, to CHF 676 million (about Rs 4,500 crore) -- the lowest ever since the European nation began making the data public in 1987.
Vaihayasi Pande Daniel discovers Ross Island where the clock can never be turned back.
The mobile wallet player plans to add more Chinese sellers to its e-commerce platform and boost technology for its soon-to-be-launched payments bank
The biggest private sector lender, are swarming the market with discounts and special offers
Taxpayers might face several issues while filing returns this year.
'The talk in police circles is that Maria was about to crack the money transaction trail in the crime. The Mumbai police's Economic and Offences Wing had begun investigations into the money trail and Mumbai police officers had visited Singapore in this connection.'
In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.
Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.
Intel's Young Scientist Karan Jerath talks about inventing, innovating and life.
A special court on Tuesday opened the statement of 'secret witness' Ravina Raj Kohli, former president of Star News, from a sealed cover and handed it over to the defence lawyers.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
Here's how NRIs can protect their overseas earnings from exchange rate risk.
