StanChart has got an approval from the RBI to list on the country's stock exchanges, but the bank is yet to approach SEBI for selling its depository receipts.
Justice P Swaroop Reddy dismissed the three revision petitions filed against the lower court's order on police custody, saying that there was 'no need for the high court's intervention at this juncture.' The 6th additional chief metropolitan magistrate had, on January 17, ordered Raju, his brother Rama Raju and Satyam's former CFO Vadlamani Srinivas to be sent to police custody for four days till January 22.
The transaction is expected to close in the next 30 days and the merger process is expected to be completed in next 9-12 months
Polling for three parliamentary seats and 29 assembly constituencies were held on October 30, an exercise being seen as a barometer of the political mood in the country ahead of assembly elections in politically critical Uttar Pradesh as well as other states.
"Opening up will give us new opportunities such as greater freedom to open branches. On the inorganic side, there could be opportunities to take larger stakes in banks or to take management control. If anything of that happens, we will be interested," says Standard Chartered's regional chief executive for India and South Asia Neeraj Swaroop.
'The way we are playing now, if we continue to play the same hockey, no one can stop us from standing on the podium in Tokyo.'
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Standard Chartered Bank is planning to aggressively beef up its presence in India ahead of the banking sector review in 2009. This number is significantly high, considering that the bank opened a mere 3 branches in the last two years. The bank has 83 branches and 231 ATMs across the country. The bank recently pumped $250 million into its Indian operations and this constitutes three-quarters of its profits in Asia.
A Delhi court on Friday issued summons against real estate barons Sushil and Gopal Ansal besides four others for allegedly tampering with evidence in the Uphaar fire tragedy case.
The Saudi Arabian diplomat, who was charged with confinement and rape of two Nepalese women, on Wednesday night left the country.
India on Wednesday asked its acting high commissioner in Islamabad to seek a meeting with the Pakistan foreign office in connection with the death of an Indian under mysterious circumstances in a jail there.
'There is more likelihood of dying from lightning than from vaccine induced blood clots.'
The youth were arrested on charges of inciting people, waging war against the state and indulging in jihadi activities. They alleged that they were illegally detained and tortured by the police before being sent to judicial remand. They also contended that the police could not establish a case against them.
The manner in which a large proportion of common people have mortgaged their rationality and questioning spirit to let hatred, prejudice, and bigotry take over their minds is a cause of worry, observes Mohammad Sajjad.
The by-poll for the seat was necessitated after the election of sitting JD-U MLA Ram Swaroop Prasad to the Lok Sabha from the Nalanda Parliamentary constituency.
Standard Chartered Bank is expected to seal the deal of its Mutual Fund business in the near future.
The four assailants allegedly killed the children and dumped their bodies in a wood land.
A summary of sports events and persons who made news on on Thursday
'Where did this fungus suddenly come from and get all over the country?'
The Vadodara police are also searching for Zaheera.
With the Supreme Court Wednesday sentencing Best Bakery prime witness Zaheera Sheikh to one year imprisonment for contempt of court, Vadodara police has intensified its search for Zaheera and her family.
Jharkhand Governor Sibte Razi had on Wednesday asked the chief minister to prove his majority in the assembly on or before September 15 after the latter sought an opportunity for a floor test.
In the 1983-84 rain-hit Bangalore Test, Zaheer Abbas's team had refused to take the field after the 14th mandatory over.
Chatterjee said it was a matter of shame that this had happened while an inquiry was already on to look into the bribe-for-questions scandal.
In the purported suicide note, Raj refuted the allegations calling them 'baseless' and said he did not 'have the courage to face anyone' because people would 'look at me with that eye even if I come clean'.
The CBI opposed the plea seeking summoning of former prime minister Manmohan Singh and two others as additional accused in a coal scam case.
The army, deployed in Vadodara after the eruption of violence following demolition of a dargah by civic authorities last week, was withdrawn on Tuesday.
Within four years of winning a single party majority in the Lok Sabha with 282 seats -- the first time it has happened in 30 years -- the BJP has lost it.
Sify Ltd, the largest aggregator of bandwidth in India, is finding the going good for its BPO-specific Internet bandwidth solution in India.
Bollywood bids adieu to Kundan Shah.
The Additional Judicial Magistrate acquitted the six men, giving them benefit of the doubt, according to a lawyer.
Pakistan's participation in the high-profile World Twenty20 cricket event continued to be shrouded in suspense with the country's government refusing to clear the team's departure unless India provides written assurance of security.
Aslam Hunani/Rediff.com gives the lowdown on the 59 seats spread across seven states and one Union territory going to polls in the last and final phase of the 2019 Lok Sabha elections on May 19, 2019.
Bollywood celebs made sure to vote. Did you?
Here is Rediff.com's selection of some stories from Thursday that you may not have read in the morning newspaper.
On his 125th birth anniversary, Congress leaders, President Pranab Mukherjee, Vice President Hamid Ansari and others paid tribute to India's first Prime Minister Pandit Jawaharlal Nehru.
The hits and misses of the week.
Here's looking at the latest style outings of our hottest stars.
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