News for 'Wall Street'

Court grants NOC for passport to Rahul for 3 years

Court grants NOC for passport to Rahul for 3 years

Rediff.com26 May 2023

The former Congress chief is an accused in the National Herald case in which BJP leader Subramanian Swamy is the complainant.

US held secret talks with Haqqani network: Report

US held secret talks with Haqqani network: Report

Rediff.com13 Oct 2011

Even as their killer drones strike at ranking members of the Al Qaeda linked Haqqani network, United States officials secretly met leaders of the group this summer in a Persian Gulf country, in an effort to draw them into talks on winding down the war.

No impact on military ties with Pakistan: US

No "impact" on military ties with Pakistan: US

Rediff.com10 Feb 2011

The US said that there has been no "significant impact" on its military to military relationship with Pakistan after Islamabad refused to release an American diplomat detained on possible murder charges.

Hu's 4 points to peaceful co-existence with US

Hu's 4 points to peaceful co-existence with US

Rediff.com17 Jan 2011

In written responses to questions from The Washington Post and The Wall Street Journal published on Monday, Chinese President Hu Jintao insisted that his country believes in the principle of peaceful co-existence, as he prepared to meet his counterpart Barack Obama at the White House next week.

PE firm Silver Lake mulls buying out Yahoo

PE firm Silver Lake mulls buying out Yahoo

Rediff.com16 Sep 2011

Various news reports suggest that the PE firm, if it buys out Yahoo, would first sell off the Internet company's Asian assets. Silver Lake would thereafter, a report said, try to either turn the 'remaining' company around or find yet another buyer for the main operations.

SEC scrutinising disclosure rules for private cos

SEC scrutinising disclosure rules for private cos

Rediff.com5 Jan 2011

SEC rules require companies with 500 or more shareholders of record in a given type of stock to publicly disclose certain financial information.

Defuse Indo-Pak tension, Obama told his officials

Defuse Indo-Pak tension, Obama told his officials

Rediff.com5 Apr 2010

In December last year, United States President Barack Obama issued a secret directive to all the top officials in his administration dealing with internal security and foreign policy affairs, urging them to find out ways to increase America's involvement in alleviating the rising tension between India and Pakistan, according to a report in the Wall Street Journal.The directive was mentioned, says WSJ, in a memo written by National Security Adviser James Jones.

US pay czar to review CEO compensation at 419 cos

US pay czar to review CEO compensation at 419 cos

Rediff.com23 Mar 2010

The United States government appointed pay czar will review the executive compensation packages at 419 bailed out companies including Goldman Sachs and JP Morgan Chase.

SEC to probe Hurd's exit from H-P

SEC to probe Hurd's exit from H-P

Rediff.com21 Dec 2010

The US markets regulator is investigating Mark Hurd's departure from Hewlett-Packard Co as part of a broad inquiry that will also look into claims that the former chief executive leaked inside information on a multi-billion dollar deal, says a media report.

Deven Sharma to resign as Standard and Poor's head

Deven Sharma to resign as Standard and Poor's head

Rediff.com23 Aug 2011

Indian-American Deven Sharma, the president of Standard and Poor's, is stepping down by year end, an announcement coming only weeks after the credit rating agency downgraded American credit rating.

Sr executives blamed for Lehman collapse

Sr executives blamed for Lehman collapse

Rediff.com12 Mar 2010

Senior executives and auditing firm Ernst & Young have been criticised, among many others, for the failure of Lehman Brothers, by an official report that delved deep into the collapse of once-famed Wall Street major.

AIG to recoup $45 mn from employees: Report

AIG to recoup $45 mn from employees: Report

Rediff.com12 Mar 2010

Insurer American International Group will recover $45 million from its employees given as retention payments last year and return the amount to the government, a media report says.

Wealthy people donating less in charity

Wealthy people donating less in charity

Rediff.com2 Mar 2010

Wealthy people are now donating less for charitable purposes, although they still feel an obligation towards such social work, a survey has revealed

Real Heroes Of Web Revolution

Real Heroes Of Web Revolution

Rediff.com21 Mar 2023

The tech creators, or the ones who made billions, asks Ajit Balakrishnan.

FTAs: Exporters should note US Inc's call

FTAs: Exporters should note US Inc's call

Rediff.com29 Nov 2010

Their recommendations have something to take note by Indian exporters and policy makers.

Google to resume talks with Chinese officials

Google to resume talks with Chinese officials

Rediff.com23 Feb 2010

In January, Google had threatened to close down its operations in China after discovering hacking attempts into email accounts of Chinese human rights activists.

He cheated others and made billions!

He cheated others and made billions!

Rediff.com12 Nov 2010

One of American's biggest fraudsters, Bernard Madoff was sentenced to 150 years for his massive $65 billion scam.

Obama visit blog: What the world media is saying

Obama visit blog: What the world media is saying

Rediff.com28 Oct 2010

United States President Barack Obama will be in India on November 6 for his longest State visit yet. Apart from our own coverage, we provide you this one-stop blog of what the world media is saying about the visit and its significance

13/7 accused met Osama, Lakhvi in Pak: ATS

13/7 accused met Osama, Lakhvi in Pak: ATS

Rediff.com7 Feb 2012

Haroon Naik, an arrested accused in 13/7 Mumbai blasts, had met Lashkar-e-Tayiba operations chief Zaki-ur-Rehman Lakhvi and was present at an "inspirational" lecture by slain al Qaeda leader Osama Bin Laden in Pakistan just a month before the 9/11 attack.

Markets have a drab closing

Markets have a drab closing

Rediff.com22 Jun 2011

Out of 2948 stocks traded on the BSE, there were 1008 advancing stocks as against 1836 declines.

Facebook follows Twitter, set for huge layoffs: WSJ

Facebook follows Twitter, set for huge layoffs: WSJ

Rediff.com7 Nov 2022

After job cuts at Twitter, Facebook's parent company Meta is planning to begin "large-scale layoffs" this week in what could be the largest reduction to date at a "major technology corporation in a year that has seen a tech-industry retrenchment," a media report said.

ISI pushing Taliban to fight US troops: Report

ISI pushing Taliban to fight US troops: Report

Rediff.com7 Oct 2010

Pakistan's Inter-Services Intelligence is pushing the Taliban to attack American troops and their allies based in Afghanistan, the media here has said, close on the heels of a White House report that slammed Islamabad for not doing enough to battle terrorists holed up near the Afghanistan-Pakistan border.

AIG counsel to get millions in severance pay

AIG counsel to get millions in severance pay

Rediff.com29 Dec 2009

Attributing to people familiar with the matter, The Wall Street Journal said AIG is preparing to pay Kelly several million dollars in severance after she resigned over federal pay curbs.

Markets end higher amid strong global cues

Markets end higher amid strong global cues

Rediff.com6 Mar 2013

Market breadth continued to remain positive with 1,730 gainers and 1,116 losers on the BSE.

Citi to sell $1.7 bn private equity assets: Report

Citi to sell $1.7 bn private equity assets: Report

Rediff.com8 Jun 2011

"Citigroup has struck a deal to sell a $ 1.7 billion portfolio of private-equity assets to European buyout firm AXA Private Equity," The Wall Street Journal reported citing a source.

Gaddafi's investment in Goldman ends in losses

Gaddafi's investment in Goldman ends in losses

Rediff.com1 Jun 2011

Negotiations that continued till 2009 eventually failed and the money could not be recovered.

The latest indication of deteriorating US-Pak ties

The latest indication of deteriorating US-Pak ties

Rediff.com28 May 2011

United States Secretary of State Hillary Clinton received a cool welcome in Pakistan on her recent trip, mainstream American media reported on Saturday adding this is reflection of the low-ebb in relationship between the two countries.

Citi defends $75 mn SEC settlement: Report

Citi defends $75 mn SEC settlement: Report

Rediff.com14 Sep 2010

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.

'We've been pushed against the wall and no one seems to care'

'We've been pushed against the wall and no one seems to care'

Rediff.com25 Apr 2022

The silence is specially deafening from three parties that symbolised hope for Muslims: The Congress, the Aam Aadmi Party and the Samajwadi Party. 'What fear prevents these leaders from at least talking about the way our community is being targeted?' 'Will they really lose Hindu votes if they do so?'

Verstappen slams Mercedes boss for 'Wikipedia' comment

Verstappen slams Mercedes boss for 'Wikipedia' comment

Rediff.com15 Sep 2023

Verstappen, who is 145 points clear of team mate Sergio Perez in the championship and set for a third title well before the end of the season, suggested Wolff should focus on his own team.

$30-bn IT aid to create 9 lakh jobs in US

$30-bn IT aid to create 9 lakh jobs in US

Rediff.com6 Jan 2009

Global software major International Business Machines' chief executive Samuel Palmisano believes the government's $30-billion information technology investments may create over 900,000 jobs.

Why consumer trust is prime for Britannia

Why consumer trust is prime for Britannia

Rediff.com2 Sep 2010

The book that Vinita Bali, managing director of Britannia Industries Ltd, is currently reading couldn't be more appropriate: 'Too Big to Fail'. Although that bestseller by New York Times columnist Andrew Ross Sorkin tells the inside story of how Wall Street and Washington saved the financial system -- and themselves, its title aptly sums up Bali's own half-a-decade tenure at the Bangalore-based foods conglomerate.

MS looks for China's Internet-search partner

MS looks for China's Internet-search partner

Rediff.com1 Sep 2010

Attributing to Microsoft CEO for greater China, Simon Leung, the Wall Street Journal reported that the company plans to invest $100 million in Chinese companies, on top of the $40-million the software maker has invested since 2006.

Regulators to levy record penalty on AA

Regulators to levy record penalty on AA

Rediff.com20 Aug 2010

Attributing to people familiar with the matter, the Wall Street Journal said, "Federal regulators are ready to propose a record penalty of $25 million or more against American Airlines for the maintenance lapses that prompted widespread flight cancellations in the spring of 2008."

Markets have a firm closing

Markets have a firm closing

Rediff.com13 Aug 2010

The Nifty ended at 5452, up 35 points. The market breadth was marginally positive. Out of 3085 stocks traded on the BSE, there were 1505 advancing stocks as against 1413 declines.

Fortune to publish fewer issues, may cut jobs

Fortune to publish fewer issues, may cut jobs

Rediff.com23 Oct 2009

Time Warner Inc's popular business magazine Fortune is planning to publish fewer issues annually and make other changes that could result in job cuts, says a media report.

Sensex zooms 1,223 points on gains in Reliance, HDFC twins

Sensex zooms 1,223 points on gains in Reliance, HDFC twins

Rediff.com9 Mar 2022

From the 30-share pack, Asian Paints, Reliance Industries Limited, Bajaj Finance, Mahindra & Mahindra, Indusind Bank, Bajaj Finserv, Maruti Suzuki, HDFC Bank and UltraTech Cement were the major gainers, jumping up to 5.56 per cent.

Positive review of Citi management questioned

Positive review of Citi management questioned

Rediff.com9 Oct 2009

Attributing to people familiar with the situation, the Wall Street Journal said that some officials at the agency have expressed doubts about the rigour of the report, which was based partly on interviews of Citi executives who were asked to rate the effectiveness of their colleagues.

 Nokia conducting search for new CEO: Report

Nokia conducting search for new CEO: Report

Rediff.com20 Jul 2010

Mobile phone maker Nokia Corporation has launched a search to replace current chief executive Olli-Pekka Kallasvuo, who has been struggling to mark a place for the company in high-end smartphone market, says a media report.