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ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Biden commits support to Israel, but says Palestinians need aid

President Joe Biden reiterated the United States' unwavering support for Israel and emphasised the need for humanitarian aid for the people of Palestine as he held separate phone calls with the......

Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

US defence secretary hits ground running, meets PM Modi, NSA Doval

United States Defence Secretary Lloyd Austin on Friday conveyed to Prime Minister Narendra Modi the Biden administration's strong desire to further deepen strategic ties with India to address the......

Can the Taliban Survive?

The US intends first to cripple the Afghan government financially through sanctions, freezing of assets, denial of access to international banking, etc, and then proceed to do pretty much what it......

Lloyds Bank to move 300 jobs to India

In an apparent cost cutting measure, the Cheltenham and Gloucester (C&G), a wholly owned subsidiary of Lloyds TSB Bank, will close a mortgage and customer service centre and move about 300 jobs to......

Win Bischoff to be Lloyds chairman from Sep 15

Former Citigroup chairman Win Bischoff will take over as the chairman of beleaguered Lloyds Banking Group from September 15. His appointment comes in the wake of Lloyds Banking Group chairman......

UK loses nearly 11 bn pounds on RBS, Lloyd stakes

The UK government has incurred notional losses of nearly 11 billion pounds on its stakes in Royal Bank of Scotland and Lloyds Banking Group. "The UK government is sitting on losses of almost 11......

The Finance Minister Who Changed India

Dr Manmohan Singh first embossed himself on the national consciousness when as India's finance minister he flagged off economic reforms which changed this nation forever. Glimpses of Dr Singh......

'Banks are actively working on several IPOs'

'The deal pipeline across products is robust for 2024.' Illustrations: Dominic Xavier/Rediff.com India witnessed robust activity in the equity capital market in 2023, and this momentum is......

Ferrari, McLaren take a hit from Marussia collapse

A pit crew of Marussia, which Formula One driver Jules Bianchi of France belongs to, wipes his face as he cleans up the pit after the Japanese F1 Grand Prix at the Suzuka Circuit. Photograph: Yuya......

Soccer Extras: Reds not thinking of Barca loss, says Klopp

News of all that's transpired on and off the football field IMAGE: Liverpool's Mohamed Salah looks dejected on missing a scoring opportunity against Barcelona on Wednesday. Photograph: Albert......