The move indicates that Morgan Stanley would keep a watch on its risk-taking ability a year after the global financial meltdown.
The U.S. Federal Bureau of Investigation and others have been investigating whether Texas billionaire Allen Stanford was involved in laundering drug money for Mexico Gulf cartel, ABC News reported on Wednesday, citing federal authorities.
Texas billionaire Allen Stanford and three of his companies were charged with "massive" fraud on Tuesday as federal agents swooped down on his US headquarters. In a civil complaint filed in federal court in Dallas, the US Securities and Exchange Commission accused Stanford, who sponsored international cricket matches, and two other executives of fraudulently selling $8 billion in high-yield certificates of deposit in a scheme..
Subway surpassed McDonalds in terms of number of stores in the US in 2002 and now it has taken the global lead.
Goldman Sachs could end up paying $1 billion (670 million pounds) fine if it wants to settle the criminal lawsuit with the US regulator Securities and Exchange Commission, according to a media report.
Sebi is learnt to have written to several regulators including those in Bermuda, Luxembourg, and Switzerland, seeking detailed information on some FPIs.
Had plans to invest $250 mn in the US polyester manufacturer's facility.
Apple's iconic chief Steve Jobs is back at work and his return will fuel debate over the company's disclosure practices which have drawn the attention of the Securities and Exchange Commission, says a media report.
She was found guilty in January of duping investors and lying about the technology after a three-month trial.
Former WorldCom Inc chief executive Bernad J Ebbers has been indicted on Federal criminal fraud charges in New York for his alleged role in the nation's largest accounting scandal.
According to The Wall Street Journal, Deutch joined Citi's board in 1996, after leading the Central Intelligence Agency.
Titan's October-December quarter (Q3) business update claims 22-23 per cent revenue growth in the standalone jewellery sales (excluding bullion sales), implying a 4-year compound annual growth rate (CAGR) of 21.3 per cent. Store additions also looked healthy, with 21 new Tanishq stores opened in Q3, taking the total count to 466 (+43 in 9 months of FY24) including two in the US and one in Singapore. Titan added 90 stores in Q3, pushing its total retail outlets to 2,949 (including CaratLane).
The US Securities and Exchange Commission (SEC) team met the six-member government appointed board of the Satyam Computer Services here on Thursday.
The company has filed a registration statement with US market regulator Securities and Exchange Commission for a proposed initial public offering of its ordinary shares, MakeMyTrip Ltd said.
With India set to adopt IFRS in 2011, a number of legal/regulatory issues need addressing for a smooth transition to the globally-followed accounting standard.
Mahua asserted that despite all efforts by the Bharatiya Janata Party to "sound the death knell" for constitutional democracy, India is too great a country to be destroyed by the fascists.
According to the US Securities and Exchange Commission, Bartz received a base salary of $969,872 last year and also got a performance-related bonus valued at $1.5 million. In addition, she received $42.1 million in the form of stock and stock options and other compensation of $2.61 million, thus, taking the total pay package to $47.22 million, the filing added.
Scam-hit Satyam seems to be losing its status as a noteworthy rival for the top Indian IT firms, as Wipro has become the second major player in this space after Infosys to drop its name from the list of competitors.
'Nehru remains central to the polemic between the Congress and the BJP, or stated ideologically, between secular and Hindu nationalism.' 'The reason is that Nehru represents what is optimally possible as a secular politics along with liberalism and democracy in a country like India.'
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.
Internet major Yahoo Inc's chief technology officer has expressed his inclination to resign, the company revealed in a US Securities and Exchange Commission filing on May 30.
There's a churn in Infosys' highest paid senior executives' list for financial year 2007-08, with Nandan Nilekani, S Gopalakrishnan and S D Shibulal conspicuously missing from the top five.According to a filing by IT bellwether to the US Securities and Exchange Commission, B G Srinivas, Ashok Vemuri and T V Mohandas Pai were the highest paid executives in FY08.
In its annual report filed with the US Securities and Exchange Commission for 2008, Nasdaq-listed SanDisk has stated it is facing risks due to the situation at Satyam, which is the system integrator for installing a new ERP system for the memory disk maker.
Eddie Lampert and Warren Buffett get ready to sell you a ride.
The Centre has recovered around Rs 95.86 crore from at least 11 crypto exchanges for evading goods and services tax (GST), according to data released by Parliament on Monday. The amount includes interest and penalty. The GST investigation department has detected a total tax evasion of Rs 81.54 crore by crypto exchanges that include WazirX, Coin DCX, CoinSwitch Kuber, Buy Ucoin, UnoCoin and Flitpay, among other exchanges. In a written reply to Lok Sabha, minister of state (MoS) for finance Pankaj Chaudhary said 11 cases of GST evasion by cryptocurrency exchanges have been detected by central GST formations.
Voting for 10 constituencies was held from 7 am to 3 pm in 10 seats and from 8 am to 5 pm in the rest 10 segments under a thick security blanket of police and paramilitary personnel in the Naxalite-hit Bastar division.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
Cuban faces insider trading charges for avoiding a $750,000 loss on an investment in an Internet search company.
W L Ross & Co has acquired 1.8 million American Depository Receipts (ADRs) of Satyam (Mahindra Satyam) from NYSE Euronext for $4.6 million (over Rs 20 crore) at an average price of $2.5 per share, the parent firm of W L Ross, Invesco, said in a Securities and Exchange Commissions (SEC) filing.
For someone who has worked as a federal criminal prosecutor for the better part of her life, it was a challenge for Anjali Chaturvedi to act as defence attorney in an alleged white collar crime. But her success vindicated her lifelong conviction that she should never shy away from challenges.
The list, posted on a website link launched by the US regulator, includes ABB, HSBC, Nokia, Unilever, Cadbury, Total and Siemens among others.
During the quarter, Coke rolled out its fruit juice brand Minute Maid in select locations such as Mumbai. It also introduced variants of Schweppes tonic in the city. The brands will be rolled out in other metros shortly.
