Centre likely to probe allegations against HSBC

The government is likely to conduct a through inquiry into allegations that multinational organisation HSBC Bank was involved in money laundering operations that may have helped terror groups......

India 'stalled' during UPA-era, says Narayana Murthy

N R Narayana Murthy, co-founder of Information Technology giant Infosys, has lamented that economic activities in India were 'stalled' and decisions were not taken by the Manmohan Singh government......

Forced to buy MF Husain from Priyanka, Rana Kapoor tells ED

Yes Bank co-founder Rana Kapoor has told the Enforcement Directorate that he was 'forced' to buy an MF Husain painting from Congress' Priyanka Gandhi Vadra and the sale proceeds were utilised by......

Preneet Kaur denies having any bank account overseas

Former minister responds to Sheela Bhatt/Rediff.com's questions. In response to our report Preneet Kaur, the former minister of state at the ministry of external affairs in the United Progressive......

Stock markets fall for 2nd day in volatile trade

Benchmark indices Sensex and Nifty closed lower in a highly volatile trade on Thursday amid relentless foreign fund outflows and selling in blue-chip ICICI Bank. Photograph: Danish......

It's time to get started, put money in deals: M&A financing opens up

Bank financing of M&As will be like any other business and only needs guardrails, report Raghu Mohan, Ishita Ayan Dutt and Abhijit Lele. Illustration: Uttam Ghosh Recently, State Bank of India......

'2025 could be largest IPO year in Indian history'

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India’s history, according to India heads of......

Market maturity fuelled India's IPO boom, say i-bankers

The domestic initial public offering (IPO) market is experiencing a significant surge, fuelled by the financialisation of savings, digital ease of investing, and expanding participation from both......

Uruguay's star footballer Forlan among HSBC's Swiss account holders

Uruguayan soccer player Diego Forlan on Monday denied evading taxes by hiding money in Swiss accounts with the British bank HSBC Holdings PLC. Forlan was among a list of rock stars, Hollywood......