The recent revelations of financial irregularities, as in real estate firms allegedly involved in a loan syndication bribery case and the 2G telecom licence scam, may impact credit flow.
Ajmal Amir Kasab may be awarded a death sentence, but the three crucial men behind the attack -- LeT founder Hafiz Mohammed Saeed, the outfit's operations commander Zaki-ur-Rehman Lakhvi, chief plotter of 26/11 Sajid Mir, continue to be on the run.
Former Premier League striker Delroy Facey was found guilty of conspiracy to commit bribery in a match-fixing trial on Wednesday.
The new rates will become effective from Tuesday.
With YRF's latest Badmaash Company around the corner, here's a look at ten very different kinds of Bollywood team movies.
They are the first to be declared terrorists under the new anti-law, a home ministry official said.
Noted cricket commentator Peter Roebuck has said that the Andrew Strauss-led England team can win the Ashes Down Under, but it would be damnably difficult.
Mindful of India's concerns over Pakistan misusing American weapons against it, the United States on Tuesday said it was 'clearly observing' how these arms were being used even as it expressed its commitment to combating the Lashkar-e-Tayiba- Al Qaeda syndicate in its entirety.
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
Pakistan cricket has been betrayed by the people it trusted most -- its officials and captains -- noted cricket columnist Peter Roebuck has said.
Australian captain Ricky Ponting said cricket has taken a "battering" after spot-fixing allegations against Pakistan team came to light and the ICC should get to the bottom of the allegations quickly.
PFC provides loan syndication, along with 18 other institutions, mostly banks and Life Insurance Corporation and Hudco, under the Power Lenders' Club.
The businessman, Pankaj Gangar, used to transfer the money to Shakeel
The New York-based Rand Corporation's 182-page report, 'Film piracy, organized crime and terrorism' essentially says film piracy is increasingly becoming a way to finance terrorism.
Right wing US conservatives led by the likes of nationally-syndicated columnist Cal Thomas have launched a vitriolic campaign against Indian American Rashad Hussain. They pilloried President Barack Obama for appointing him as Special Envoy to the Organization of Islamic Conference and called for Hussain's ouster, calling him a 'voice of radical Islam.'
Underworld don and India's most wanted criminal Dawood Ibrahim is the 50th most powerful man in the world, according to the first-ever such list complied by Forbes magazine.Prime Minister Dr Manmohan Singh is ranked at no. 36 (Sonia Gandhi is not on the list), just one notch above the world's most wanted terrorist and Al Qaeda founder Osama bin Laden.
The government is finalising appointment of at least nine public sector bank chiefs and a dozen executive directors who would replace them or fill existing vacancies.
The menace of match-fixing is life threatening and it's time the ICC steps in and take stringent action to wipe out the menace for once and all, feels former South Africa captain Clive Rice.
Pietersen said in his stirring address, which focussed on highlighting the relevance of Test cricket.
While making the announcement, Anil Ambani, chairman of ADAG, said, the partnership with Spielberg and Snider is the cornerstone of the company's Hollywood strategy.
Jain was being tracked by detectives in London, the United States, Holland, Italy, Spain and the UAE when he was arrested in New Delhi on Sunday. Britain's Serious organised Crime Agency said Jain controlled a worldwide money laundering system that, at its height, was capable of moving $2.2 billion every year.
Madurai Kamaraj University in Tamil Nadu, which has been rocked by student protests over the last few days, closed down two days ago. A Ganesh Nadar visits the campus to find out what went wrong.
The current employee strength of all state-run banks is about 672,000.
Kolkata-based LSI Financial Services has obtained Securities and Exchange Board of India (Sebi) licence for merchant banking operations.
Cricket South Africa (CSA) is investigating potentially fraudulent activities by an international syndicate attempting to corrupt the domestic game, it said in a statement on Friday.
Promises have been made in the past about cleaning up bank boards, revamping processes, purging vested interests. How far away is that Promised Land?
Taliban has come under tremendous pressure following Pakistan's military action against the militant group in Swat valley and adjoining areas, United States Secretary of State Hillary Clinton said on Sunday.
The West Bengal CM launched her campaign for the 2016 assembly polls saying the TMC would fight the election alone... and win.
Illegal Asian betting syndicates are swooping down on English football and the Premiership and other English leagues could be susceptible to match rigging, the bane of football the world over, a top investigative journalist warned at an international sports conference in England.
As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal.
The CBI later clarified that Rajiv Kochhar was only called for questioning and has not been apprehended yet.
Designated Judge Y B Shinde, presiding over the special court, said none of the accused had more than one chargesheet filed against him or her for invoking provisions of MCOCA.
Banking sources said IDBI Bank, along with another banks, was syndicating the loan. The move came after Air India failed to get funding interest from European commercial banks despite the loan carrying sovereign guarantees. The European banks' reluctance reflects how lenders have turned risk averse when it comes to aviation funding.
Wimbledon chief executive Ian Ritchie said on Sunday there is no hard evidence of match-fixing in professional tennis and no one has produced fresh allegations. Ritchie sought to play down stories in British newspapers, notably the Sunday Times, that several matches, including eight at Wimbledon, are under suspicion of being fixed by professional gambling syndicates after bookmakers noted unexpected spikes in betting patterns.
Joshi said the Congress is 'led by an infiltrator' and is targeting Modi who hails from a humble family and is a popular leader.
Six people, including three footballers, have reportedly been arrested in England on suspicion of fixing football games in the country, sending shockwaves through the entire British football fraternity.
Air India is understood be in negotiations with state-run banks to avail working capital loans at low interests.
The appointments in 2009-10 would include the CMDs of Syndicate Bank, Bank of India and United Bank of India, sources said. These appointments will be there because of vacancy arising on account of superannuation of the existing chiefs, sources said.
Though Infosys did not elaborate why it has parked more money with PSBs, bankers indicated the prime reason was the high deposit rates. Large private players such as ICICI Bank, which were till early last year offering higher interest rates, have withdrawn from that segment. In contrast, till November-end, PSBs were offering up to 400 basis points higher on bulk deposits to mop up resources for the increase in demand for loans.
The Allapuzza the police found that nearly 1,700 girls were trapped in sex rackets. Many of them were exploited due to their poor financial background and some were threatened and blackmailed into the trade. Vicky Nanjappa reports
