New Delhi: ED has sent Letters Rogatory (judicial requests) to UK and Singapore in connection with its money laundering probe in the Aircel-Maxis deal case and parallel investigations in the financial transactions of some companies
Mumbai: Raising concerns that Jan Dhan accounts can be misused by 'money mules', RBI on Monday warned they are "very vulnerable" to frauds and asked banks to be on guard against such activities. Reserve Bank
New Delhi: UBHL has sought a month's time to file last fiscal's results citing "uncertainties" resulting from ongoing cases against its Chairman Vijay Mallya in the Supreme Court and Debt Recovery Tribunal over the Rs
Muscat: India and Oman have signed an MoU on defence cooperation among others during Indian Defence Minister Manohar Parrikar's visit to the Gulf country, an official statement said today. Parrikar, during the visit, held meeting
Bhubaneswar: It is 'politically difficult' to speed up structural reforms in India, RBI Governor Raghuram Rajan said on Saturday, even as he stressed on the need for cleansing the banks and checking inflation to ensure
New York: In addition to the troubles for beleaguered businessman Vijay Mallya, his US-based brewery firm is now getting affected by the legal proceedings going against him in India. The beer company is banking on
Bhubaneswar: Pitching for better business environment for startups, Reserve Bank Governor Raghuram Rajan on Saturday said India has done away with the ‘licence raj’, but ‘inspector raj’ continues to some extent. He also said that
Mumbai: Having made news for his drastic weight loss recently, billionaire Mukesh Ambani’s youngest son Anant Ambani has the internet in awe, again. In a video that has gone viral this time around, a boy,
RBI has been enjoying full autonomy and support of the government so far and it should be allowed to take its own decision, said Raghuram Rajan
A Delhi court today asked liquor baron Vijay Mallya to file a proper reply to ED's plea seeking to withdraw the exemption granted to him from personal appearance
New Delhi: "I am looking at India holistically and we are here for the next thousand years," Apple CEO Tim Cook said today, adding that he instantly feels like he belongs here in India. In
Chennai: The strike by about 45,000 employees in five associate banks of the State Bank of India (SBI) was observed successfully on Friday, a top leader of All India Bank Employees' Association (AIBEA) said. "The
New Delhi: Rashtrapati Bhavan would be transformed into a smart township with the help of IBM Smart City Solutions. IBM on Thursday announced that its smart city solutions have been deployed for the digital transformation
Mumbai: Newly-designed currency notes are likely to circulate in the country soon with the Reserve Bank of India board today recommending a new set of designs for the banknotes. "The Central Board also discussed
Mumbai: The Sajjan Jindal-led JSW Steel is not going to jump the gun on its buying interest in troubled Tata Steel's British assets, saying talks are at an exploratory stage only, and it will be
New Delhi: After witnessing a surge in the days preceding the election results on hopes that the vote trend would favour the opposition, the Kalanithi Maran-owned Sun TV shares sank 10 per cent as it
RBI today told the Madras High Court that Rs 570 crore cash seized was being transferred as part of regular money movement under currency management function.
New Delhi: Dismissing Vijay Mallya’s offer of part payment of bank loans, Punjab National Bank (PNB) on Wednesday said he must pay the full amount and settle the dues. “Although we are not leader of
New Delhi: In the wake of Maggi controversy, food safety regulator FSSAI is working on new regulations for quality standards of instant noodles to better regulate the quality of taste-maker and other ingredients. The new
New Delhi: Nokia is all set for a comeback. The former mobile phone giant has signed an exclusive 10-year licensing deal with Finnish company HMD Global Oy to create Nokia-branded phones and tablets. Once the
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