News for 'Swiss Banks'

Review: Topiwaala is for Upendra's fans only

Review: Topiwaala is for Upendra's fans only

Rediff.com18 Mar 2013

The film lacks execution and tires too hard to impress the audience.

PIC: Wall St crusade lands Indian-American on 'Time' cover

PIC: Wall St crusade lands Indian-American on 'Time' cover

Rediff.com3 Feb 2012

Eminent Indian-American attorney Preet Bharara has made it to the cover of the prestigious Time magazine for his crusade against Wall Street corruption and irregularities, including insider trading. With the caption This man is busting Wall Street, Bharar's picture appeared in the latest edition of Time on Thursday, the day on which he announced to have taken action against one of the oldest Swiss banks for having evaded American taxes and helping in the flight of US money.

HSBC forays into succession planning

HSBC forays into succession planning

Rediff.com26 Nov 2005

Preservation of wealth has become the mantra as private bankers are broadening their relationships with exporter communities and family-owned firms.

Wealthy clients turned tables on UBS and staff?

Wealthy clients turned tables on UBS and staff?

Rediff.com31 May 2012

Staff submissions show clients may have disowned initially authorised transactions after losses.

UPA government has disgraced democracy: Advani

UPA government has disgraced democracy: Advani

Rediff.com3 Nov 2011

Stepping up his attack on the ruling United Progressive Alliance coalition, Bharatiya Janata Party leader L K Advani said the "corrupt" government has brought "disgrace" to democracy.

SC cancels Hassan Ali Khan's bail

SC cancels Hassan Ali Khan's bail

Rediff.com17 Mar 2011

The court also granted four-day custody of Khan to the Enforcement Directorate.

Mumbai firm sues ICICI Bank

Mumbai firm sues ICICI Bank

Rediff.com11 Dec 2007

Sundaram Multi Pap, a Mumbai-based paper stationery manufacturer, on Monday disowned exotic hedging contracts entered into with ICICI Bank, saying the bank had misled the company into taking derivatives positions much beyond their underlying export risks.

ED to disclose black money stashed abroad

ED to disclose black money stashed abroad

Rediff.com12 Oct 2010

Rejecting the contention of the Directorate that it has been exempted from making disclosures under the Right to Information Act, the Commission has held all such matters now investigated by the Enforcement Directorate come within the definition of allegations of corruption and, hence, should be disclosed.

BSE index may fall 20% from current level in 2012

BSE index may fall 20% from current level in 2012

Rediff.com6 Dec 2011

UBS Securities, broking arm of the largest Swiss bank, and Australia's Macquarie Equities Research are the most bearish.

How a Turnaround Whiz was felled by Rogue Trader

How a Turnaround Whiz was felled by Rogue Trader

Rediff.com30 Sep 2011

Kweku Adoboli, a 31-year-old trader at UBS based in London makes Nick Leeson, once-legendary rogue trader at Barings Securities look like an amateur.

Sonia's letter that made Advani apologise

Sonia's letter that made Advani apologise

Rediff.com19 Feb 2011

Bharatiya Janata Party patriarch Lal Krishna Advani's letter apologising Congress President Sonia Gandhi for naming her family in the party task force's report on illegal Swiss bank accounts has set tongues wagging in the political circles. So what did Sonia say to Advani that he made him regret his remarks? This is the text of the letter the Congress President wrote to Advani dated February 15.

Govt to unveil strategy on black money tomorrow

Govt to unveil strategy on black money tomorrow

Rediff.com24 Jan 2011

Finance Minister Pranab Mukherjee will announce the measures the United Progressive Alliance government intends to take to bring back the unaccounted money into the country and tighten the regulatory and tax framework to prevent further illegal outflows.

Germany to buy data of tax offenders' Swiss a/cs

Germany to buy data of tax offenders' Swiss a/cs

Rediff.com2 Feb 2010

The German government will buy stolen data of about 1,500 German tax offenders holding secret bank accounts in Switzerland offered by an informer for Euro 2.5 million on lines of a similar deal two years back for account information from Liechtenstein.

UBS to buy StanChart MF for Rs 650 cr

UBS to buy StanChart MF for Rs 650 cr

Rediff.com17 Jan 2007

Sources close to the developments said the company would announce the deal any day. Morgan Stanley is advising Standard Chartered on the deal.

Credit Suisse to pay $536 mn for breaching US laws

Credit Suisse to pay $536 mn for breaching US laws

Rediff.com17 Dec 2009

The violations relate to transactions Credit Suisse illegally conducted on behalf of customers from Iran, Sudan, Myanmar and other countries, violating the International Emergency Economic Powers Act and New York state law.

Delhi, Mumbai among world's richest cities

Delhi, Mumbai among world's richest cities

Rediff.com8 Nov 2011

There are some cities in the world where earnings are really high.

Beware! Tight money days ahead

Beware! Tight money days ahead

Rediff.com13 May 2008

Smaller enterprises who are already fighting a losing battle on various fronts will see credit tightening.

Swiss buy to have little impact on TCS earnings

Swiss buy to have little impact on TCS earnings

Rediff.com2 Nov 2006

Tata Consultancy Services' proposed acquisition of Switzerland based TKS-Teknosoft is likely to expand the domestic IT major's banking software portfolio, but would not have any major impact on its earnings, analysts believe.

Advani shouldn't have said sorry to Sonia: Swamy

Advani shouldn't have said sorry to Sonia: Swamy

Rediff.com19 Feb 2011

Veteran political leader Subramanian Swamy on Saturday expressed surprise over Bharatiya Janata Party leader L K Advani's decision to apologise to Congress president Sonia Gandhi over the black money issue

Govt probes misuse of ADAG firms' accounts by UBS

Govt probes misuse of ADAG firms' accounts by UBS

Rediff.com17 Dec 2008

The Enforcement Directorate, which is investigating possible violations of the Foreign Exchange Management Act by some former UBS employees, has written to the UK's Financial Services Authority, seeking details of the alleged misuse of accounts of Anil Dhirubhai Ambani Group-controlled Reliance Energy and Reliance Natural Resources.

Naidu banks on freebies, bullet train, and star power

Naidu banks on freebies, bullet train, and star power

Rediff.com1 Apr 2014

N Chandrababu Naidu and his Telugu Desam party face a dilemma of how to woo both sides of the Andhra Pradesh divide, reports Rediff.com's Vicky Nanjappa

Swiss move on taxes to help developing nations

Swiss move on taxes to help developing nations

Rediff.com24 Oct 2013

Marking the end of strict banking secrecy practices, Switzerland earlier this month agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities.

Do politicians really want to bring black money back?

Do politicians really want to bring black money back?

Rediff.com28 Jan 2011

Innocent anchors in the media, especially electronic, are guilty of raising expectations of a gullible nation without realizing how these accounts operate.

The RICH feel the pinch too: Lifestyle inflation soars

The RICH feel the pinch too: Lifestyle inflation soars

Rediff.com2 Sep 2011

If rising prices of food and fuel are hurting the common man, the richie-rich club has its own inflation-related worries -- that is in prices of Chanel bags and Rolex watches, among other high-end lifestyle products.

Black money: Gold imported via Switzerland under govt's scanner

Black money: Gold imported via Switzerland under govt's scanner

Rediff.com26 Nov 2014

This year, India bought 27.7% of the gold exported by Switzerland; in Jan, this was only 15%.

India to see stable growth, inflation to ease: UBS

India to see stable growth, inflation to ease: UBS

Rediff.com5 Jul 2011

The need to raise policy rates one more time still exists.

Exclusive: She donated an island to Baba Ramdev

Exclusive: She donated an island to Baba Ramdev

Rediff.com1 Jun 2011

Arthur J Pais meets Scottish businesswoman Sunita Poddar who gifted an island to yoga guru Baba Ramdev.

Indian stocks are less interesting: Credit Suisse

Indian stocks are less interesting: Credit Suisse

Rediff.com12 Jan 2010

Indian stocks are becoming "less interesting" as their valuation vis--vis other markets in the Asian region have declined considerably, Swiss banking major Credit Suisse said in a report.

Why I stopped being my bank's 'priority' customer

Why I stopped being my bank's 'priority' customer

Rediff.com6 Jun 2019

'I know margins are under pressure, but have banks begin to stoop so low to enhance their floats or slip in strange charges?' asks Keya Sarkar.

Text of Advani's 'regret' letter to Sonia Gandhi

Text of Advani's 'regret' letter to Sonia Gandhi

Rediff.com18 Feb 2011

What did LK Advani tell Sonia Gandhi in his letter that has the BJP so worked up?

Govt to probe new Indian names in black money list: Jaitley

Govt to probe new Indian names in black money list: Jaitley

Rediff.com9 Feb 2015

Tax department has launched 60 prosecutions.

From 'greed is good' to finance for global good

From 'greed is good' to finance for global good

Rediff.com13 Oct 2010

The Transforming Finance initiative seeks to address these problems by including all stakeholders in a process of democratizing finance through a deep re-structuring of its mechanisms.

Govt cuts sorry figure with money laundering

Govt cuts sorry figure with money laundering

Rediff.com6 Apr 2009

One is really left wondering how India can ever claim to fare better than the United States and the United Kingdom in this space.

UBS fined as staff misuses Anil Ambani firm funds

UBS fined as staff misuses Anil Ambani firm funds

Rediff.com12 Nov 2009

Swiss bank UBS has been fined Pounds 8 million in the United Kingdom after four of its senior employees were found misusing funds of customers, including two companies of Indian industrialist Anil Ambani-led group.

Switzerland to work with Modi govt on tax evasion

Switzerland to work with Modi govt on tax evasion

Rediff.com23 Jun 2014

As the debate on alleged black money stashed by Indians in Swiss banks continues, Switzerland on Monday said it is looking forward to working together with the new government of India in its fight against tax evasion.

Switzerland makes public 2,600 dormant a/c; 4 from India

Switzerland makes public 2,600 dormant a/c; 4 from India

Rediff.com16 Dec 2015

Switzerland makes public 2,600 dormant a/c; 4 from India.

Indian wealth stashed abroad: What Advani says

Indian wealth stashed abroad: What Advani says

Rediff.com15 Mar 2010

The government should publish a White Paper Indian wealth stashed abroad: Advani.

3 pharma majors eye Wockhardt's Irish unit

3 pharma majors eye Wockhardt's Irish unit

Rediff.com8 Apr 2009

Three leading international pharma companies have started due diligence to acquire Wockhardt Ltd's wholly-owned Irish generic drug company, Pinewood.

Cyberscams hit social networks

Cyberscams hit social networks

Rediff.com21 Nov 2008

Now fraudsters may log on as your "friend." How Facebook, LinkedIn, and other social networking sites are fighting a rise in scams

Indians rank 16th on leaked HSBC list

Indians rank 16th on leaked HSBC list

Rediff.com9 Feb 2015

Switzerland, UK, Venezuela, US and France are t