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Panama papers: Govt sets up multi-agency probe team on money stashed abroad

 With 500 Indians being named in leaked 'Panama Papers' for alleged offshore holdings, government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action......

L N Mittal buys 13.33% in Indiabulls Infra

 L N Mittal, CEO of the world's largest steel company Arcelor-Mittal, and a wholly owned unit of San Francisco-based Farallon Capital, the world's largest investment fund, have together acquired a......

Panama papers expose: DLF, Apollo, Indiabulls deny charges

 The list includes Gautam Adani's brother Vinod Adani among others. Image: A list of those who have allegedly opened shell companies in tax havens included 500 Indians. Photograph: Reuters  ......

How IL&FS crisis has impacted non-banking finance companies

 For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......

Indian companies apply for banking licences: The complete list

 The Reserve Bank of India said on Monday it had received 26 applications for new bank licences, with Tata Sons Ltd, the holding company for India's largest conglomerate, among those seeking to set......

Reliance Infra sells HQ in Mumbai's Santacruz to YES Bank for Rs 1200 cr

 The entire proceeds from the sale of Reliance Centre will be utilised only to service YES Bank debt. IMAGE: Reliance Group chairman Anil Ambani. Photograph: Francis Mascarenhas/Reuters Anil......

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