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USTR Report Intensifies Trade Tensions With India

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy. Kindly note the image has been posted only for......

HSBC shuts Muslim accounts in UK

In a controversial move, global private banking major HSBC has closed a number of "risky" accounts belonging to Muslim groups and individuals in the United Kingdom. HSBC has written to one of......

Who is this 'Yashpal Kapoor' on the Swiss bank accounts list?

Is this 'Yashpal Kapoor' the late Congress leader, one of Indira Gandhi's closest aides in the 1970s? Sheela Bhatt/ Rediff.com reports. Rediff.com had reported on Sunday, October 26, 2014, that the......

ED arrests cryptocurrency trader in Chinese online betting scam case

The Enforcement Directorate has arrested a cryptocurrency trader in connection with its money laundering probe linked to an online Chinese betting scam case that is estimated to be over Rs 1,100......

Who are 'Preneet Kaur' and 'Rane' on 'Swiss accounts' list?

A trove of secret documents from HSBC’s Swiss private banking arm has revealed names of 1,195 Indian account holders, roughly double the 628 names that French authorities gave to the......

HSBC to shut down India private banking business

Global banking major HSBC on Friday announced shutting down of its private banking business in India that offers wealth management services. "After a strategic review of our global private banking......

HSBC flags 5 positives for Indian equities

Equity benchmarks face a key test as inv­es­tors weigh consumption revival hopes against tariff pressures and weak earnings. IMAGE: Kindly note the image has been posted only for......

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......

600 Crore IPO Fees Light Up Diwali For I-Bankers

With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for......

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......

Real, Barca and Bilbao sue La Liga over CVC deal

IMAGE: The deal was "an illegal transaction that causes irreparable damage to the entire Spanish football sector and flagrantly violates the most elementary principles of Spanish sports law and......

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