News for 'wall-street'

SEC to probe Hurd's exit from H-P

SEC to probe Hurd's exit from H-P

Rediff.com21 Dec 2010

The US markets regulator is investigating Mark Hurd's departure from Hewlett-Packard Co as part of a broad inquiry that will also look into claims that the former chief executive leaked inside information on a multi-billion dollar deal, says a media report.

FTAs: Exporters should note US Inc's call

FTAs: Exporters should note US Inc's call

Rediff.com29 Nov 2010

Their recommendations have something to take note by Indian exporters and policy makers.

Apple explores Hulu bid

Apple explores Hulu bid

Rediff.com22 Jul 2011

Apple's nascent interest comes as Hulu's owners look to sell the popular property. Hulu's owners include Comcast Corp, News Corp and Providence Equity Partners.

Cut bank CEOs' pay for poor show: RBI

Cut bank CEOs' pay for poor show: RBI

Rediff.com2 Jul 2010

The draft regulations on compensation of private banks, based on sound risk management and productivity linked principles, comes within days of the US Congress passing a major financial reform bill to discipline firms on Wall Street.

He cheated others and made billions!

He cheated others and made billions!

Rediff.com12 Nov 2010

One of American's biggest fraudsters, Bernard Madoff was sentenced to 150 years for his massive $65 billion scam.

Google plans partnership with VeriFone Systems

Google plans partnership with VeriFone Systems

Rediff.com16 Mar 2011

"Google, as part of its goal to allow shoppers to use their mobile devices, rather than physical credit cards, to pay for goods in retail stores, is working on a potential partnership with electronic-payments company VeriFone Systems Inc," The Wall Street Journal reported citing a source.

US unveils new norms for CEO pay practices

US unveils new norms for CEO pay practices

Rediff.com22 Jun 2010

Skewed pay packets that encouraged imprudent risk-taking approach was one of the main causes for the financial crisis of 2008-09.

SEC probes generic drug-maker Mylan

SEC probes generic drug-maker Mylan

Rediff.com16 Jun 2010

The Wall Street Journal has reported that the SEC has contacted many investment banks whose analysts cover generic drug-maker Mylan, asking about a meeting the company hosted last September with those analysts and a group of investors.

Obama visit blog: What the world media is saying

Obama visit blog: What the world media is saying

Rediff.com28 Oct 2010

United States President Barack Obama will be in India on November 6 for his longest State visit yet. Apart from our own coverage, we provide you this one-stop blog of what the world media is saying about the visit and its significance

Markets end at lowest level since November 24; metal stocks melt

Markets end at lowest level since November 24; metal stocks melt

Rediff.com22 Dec 2016

Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25

Microsoft plans management rejig

Microsoft plans management rejig

Rediff.com25 May 2010

Attributing to people familiar with the matter, The Wall Street Journal said the software company could announce major organisational changes at its entertainment and devices division as early as this week.

Upma gets US Top Chef honour for Indian American

Upma gets US Top Chef honour for Indian American

Rediff.com16 Jun 2011

Floyd Cardoz, the chef behind the New York restaurant Tabla, has taken home the top prize in the third season of Top Chef Masters.

ISI pushing Taliban to fight US troops: Report

ISI pushing Taliban to fight US troops: Report

Rediff.com7 Oct 2010

Pakistan's Inter-Services Intelligence is pushing the Taliban to attack American troops and their allies based in Afghanistan, the media here has said, close on the heels of a White House report that slammed Islamabad for not doing enough to battle terrorists holed up near the Afghanistan-Pakistan border.

The rise & fall & rise again of statistics

The rise & fall & rise again of statistics

Rediff.com22 Apr 2021

Ajit Balakrishnan on the surprising drivers of mathematical innovation.

Evasive answers at airport led to Headley arrest

Evasive answers at airport led to Headley arrest

Rediff.com9 Dec 2009

Ambiguous replies about his travels abroad aroused the suspicions of airport officials and led to the arrest of Pakistani-American Lashkar-e-Tayiba operative, David Headley, charged with criminal conspiracy in the Mumbai terror attacks.

Morgan Stanley plans high-level management shuffle

Morgan Stanley plans high-level management shuffle

Rediff.com8 Dec 2009

Morgan Stanley plans high-level management changes, which includes finance chief Colm Kelleher and veteran banker Paul Taubman taking charge of the company's institutional securities unit.

Why Rex has a tough road ahead to undo blunders

Why Rex has a tough road ahead to "undo blunders"

Rediff.com14 Dec 2016

Propelled to the position of the Secretary of State to "undo" years of American foreign policy "blunders and disasters", ExxonMobil CEO Rex Tillerson now faces the biggest challenge of his life to translate his business acumen to international diplomacy.

Citi defends $75 mn SEC settlement: Report

Citi defends $75 mn SEC settlement: Report

Rediff.com14 Sep 2010

Citigroup Inc has defended its $75 million settlement with the Securities and Exchange Commission over under-declaration of its subprime mortgage exposure, setting the stage for a federal judge to decide on whether to approve the deal, according to a media report.

Why consumer trust is prime for Britannia

Why consumer trust is prime for Britannia

Rediff.com2 Sep 2010

The book that Vinita Bali, managing director of Britannia Industries Ltd, is currently reading couldn't be more appropriate: 'Too Big to Fail'. Although that bestseller by New York Times columnist Andrew Ross Sorkin tells the inside story of how Wall Street and Washington saved the financial system -- and themselves, its title aptly sums up Bali's own half-a-decade tenure at the Bangalore-based foods conglomerate.

MS looks for China's Internet-search partner

MS looks for China's Internet-search partner

Rediff.com1 Sep 2010

Attributing to Microsoft CEO for greater China, Simon Leung, the Wall Street Journal reported that the company plans to invest $100 million in Chinese companies, on top of the $40-million the software maker has invested since 2006.

Defuse Indo-Pak tension, Obama told his officials

Defuse Indo-Pak tension, Obama told his officials

Rediff.com5 Apr 2010

In December last year, United States President Barack Obama issued a secret directive to all the top officials in his administration dealing with internal security and foreign policy affairs, urging them to find out ways to increase America's involvement in alleviating the rising tension between India and Pakistan, according to a report in the Wall Street Journal.The directive was mentioned, says WSJ, in a memo written by National Security Adviser James Jones.

Regulators to levy record penalty on AA

Regulators to levy record penalty on AA

Rediff.com20 Aug 2010

Attributing to people familiar with the matter, the Wall Street Journal said, "Federal regulators are ready to propose a record penalty of $25 million or more against American Airlines for the maintenance lapses that prompted widespread flight cancellations in the spring of 2008."

Markets wilt under F&O pressures

Markets wilt under F&O pressures

Rediff.com28 Apr 2011

The Nifty ended at 5785, down 48 points.

Markets have a firm closing

Markets have a firm closing

Rediff.com13 Aug 2010

The Nifty ended at 5452, up 35 points. The market breadth was marginally positive. Out of 3085 stocks traded on the BSE, there were 1505 advancing stocks as against 1413 declines.

US pay czar to review CEO compensation at 419 cos

US pay czar to review CEO compensation at 419 cos

Rediff.com23 Mar 2010

The United States government appointed pay czar will review the executive compensation packages at 419 bailed out companies including Goldman Sachs and JP Morgan Chase.

Google delays TV-set offerings: Report

Google delays TV-set offerings: Report

Rediff.com20 Dec 2010

Google Inc has asked some television-set makers to delay the launch of TV sets based on the internet company's software, says a media report.

E&Y faces fraud charges over Lehman collapse

E&Y faces fraud charges over Lehman collapse

Rediff.com20 Dec 2010

New York prosecutors are poised to file civil fraud charges against Ernst & Young.

Lehman fraud: Merrill Lynch had warned Wall St

Lehman fraud: Merrill Lynch had warned Wall St

Rediff.com19 Mar 2010

Attributing to people familiar with the plan, the Financial Times said that SEC and Federal Reserve officials were warned by Merrill Lynch about Lehman's balance sheet calculations as far back as March 2008.

India's outreach effort at the United Nations

India's outreach effort at the United Nations

Rediff.com11 Dec 2010

India's Permanent Representative to the UN Hardeep Puri invited over two dozen journalists from the mainstream American media, including the New York Times, the Wall Street Journal and the Washington Post, at a working luncheon to get its point of view on the UN reform process across.

Sr executives blamed for Lehman collapse

Sr executives blamed for Lehman collapse

Rediff.com12 Mar 2010

Senior executives and auditing firm Ernst & Young have been criticised, among many others, for the failure of Lehman Brothers, by an official report that delved deep into the collapse of once-famed Wall Street major.

AIG to recoup $45 mn from employees: Report

AIG to recoup $45 mn from employees: Report

Rediff.com12 Mar 2010

Insurer American International Group will recover $45 million from its employees given as retention payments last year and return the amount to the government, a media report says.

Madoff trustee sues J P Morgan for $6.4 bn

Madoff trustee sues J P Morgan for $6.4 bn

Rediff.com3 Dec 2010

The trustee liquidating the assets of imprisoned scamster Bernard Madoff has sued J P Morgan seeking damages worth $6.4 billion for allegedly aiding the fraud committed by him.

Wealthy people donating less in charity

Wealthy people donating less in charity

Rediff.com2 Mar 2010

Wealthy people are now donating less for charitable purposes, although they still feel an obligation towards such social work, a survey has revealed

 Nokia conducting search for new CEO: Report

Nokia conducting search for new CEO: Report

Rediff.com20 Jul 2010

Mobile phone maker Nokia Corporation has launched a search to replace current chief executive Olli-Pekka Kallasvuo, who has been struggling to mark a place for the company in high-end smartphone market, says a media report.

Google to resume talks with Chinese officials

Google to resume talks with Chinese officials

Rediff.com23 Feb 2010

In January, Google had threatened to close down its operations in China after discovering hacking attempts into email accounts of Chinese human rights activists.

15 million people apply for US green card lottery

15 million people apply for US green card lottery

Rediff.com22 Nov 2010

A record 15 million people around the world this year entered America's green-card lottery, an immigration scheme offering a quick path to legal and permanent United States residency for 50,000 people annually, a media report said on Monday.

AIG puts rail-car arm for sale

AIG puts rail-car arm for sale

Rediff.com22 Nov 2010

AIG Rail Services Inc, a Chicago business that is part of AIG's financial-services division, was set up around five years ago and provides rail-car leases and equipment financing to shipping companies, railroads and others.

PE firm buys shares of Facebook for $120 mn

PE firm buys shares of Facebook for $120 mn

Rediff.com29 Jun 2010

Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site, a media report said.

Obama will 'try to avoid K-word during India trip'

Obama will 'try to avoid K-word during India trip'

Rediff.com2 Nov 2010

United States President Barack Obama is expected to "try his level best to avoid the K-word -- Kashmir" during his three-day trip to India that starts next week, a newspaper has reported.

WSJ, FT push content via digital channels

WSJ, FT push content via digital channels

Rediff.com17 Jun 2010

The Wall Street Journal is working towards aligning its India strategy to the practices it follows globally, that is, to increase focus on digital distribution.