SBI in 'Hall of Shame' of banks funding cluster bomb makers

The maximum number of banks are from the US (74), followed by China (29) and South Korea (26). State-run banking behemoth SBI has been named in a 'Hall of Shame' list of 158 banking and financial......

Indian-origin ex-JPMorgan analyst charged with insider trading

  Ashish Aggarwal allegedly obtained material, non-public information about upcoming mergers and acquisitions involving publicly-traded companies. A 27-year-old Indian-American,......

5 lessons PE funds have learnt in India

Some of the world’s marquee private equity (PE) firms have lost their investments in India, mainly due to governance issues in companies. Many of the dud investments were made between 2005......

Vedanta to raise $1.5 bn to part-fund Cairn deal

NRI-billionaire Anil Agarwal promoted firm Vedanta Resources on Friday said it plans to raise up to $1.5 billion through private placement of bonds to part-finance its $9.4 billion acquisition of......

Manchester United to list on NY stock exchange

Manchester United has picked the New York Stock Exchange to make its stock market debut, ending months of speculation over where the world's best-supported soccer club would list. After first......