The bank wanted to run a background check on some Indian promoters.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail
Kalanithi Maran, the former promoter of Spicejet, has moved the Delhi High Court against the airline.
On Tuesday, Novartis agreed to buy GSK's oncology products business for $14.5 billion, while selling its vaccines business, excluding flu, to GSK for $7.1 billion.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
The RBI plans to increase e-smart facility.
'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'
Govt steps up security to check criminals seeking bank details of taxpayers
Move to improve transparency but make liquidity more difficult to come by
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
To invest in the stock market and buy equity, you need three things
For the convenience of people to pay school fees and municipal taxes and utility bills through an integrated platform, the Reserve Bank on Thursday proposed setting up an "anytime anywhere" bill payment system.
Sanofi India is seeking approval of the shareholders for perpetuity.
Ajay Banga, the 55-year-old CEO of MasterCard, is on a roll.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
Bupa and Axa have already declared their intention to raise stakes.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Ginni Rometty, who is on Donald Trump's advisory committee, discusses the importance of an open workforce, work visas, and why India is a microcosm of all of IBM.
More than 127 million new bank accounts have been opened.
While most of Sebi's new norms are aligned to changes in Companies Act, they are more stringent in certain areas.
Most business groups in India, including Godrejs, Tatas and Mahindras, have seen patience tested in JVs, with some of them winding up quickly
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
'The list of things to be done or added or removed will keep growing and it will be a while before the emerging models settle down into lasting structures,' predicts Umesh Shrikhande, CEO, Taproot Dentsu.
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
No mention of cab aggregators in GST bills
The surge in the stock market has failed to stem the trend of small-sized brokers shutting operations.
The progress of the GST Bill in Parliament is also likely to remain in focus
Sanjay Jalona, CEO & MD of LTI says the push would be to increase digital business and look at outcomes in projects for customers.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
Tax Guru Anil Rego answers your personal income tax queries.
The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.
Banking is first about trust and integrity and then about technology and the rest.
Stakeholders' Empowerment Services (SES) has advised Diageo to renege on its deal with United Spirits (USL) chairman Vijay Mallya.
Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.
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.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
