No claimants for India-linked dormant Swiss bank accounts!

Jul 15 2018

It is the third year since Swiss banks made public a list of accounts lying dormant without any trace of owners and no claimant has come forward for those with Indian links, even as a political slugfest continues in India over alleged black money parked there.

Take Five - World markets themes for the week ahead

Jul 14 2018

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

Nifty settles above 10,900-mark, up 94.35 points

Jul 10 2018

Rising for the third session, the Nifty 50 index climbed 94.35 points to end at an over five-month high of 10,947.25 today on broad-based buying led by energy, realty, metal, banking and auto sectors.

Hiring activity up 9% in June; auto sector sees highest growth: Report

Jul 09 2018

Hiring activity increased by nine per cent in June 2018, on a year-on-year basis, according to a jobs site which tracks the numbers.

CBI looks for banking, tax experts to help probe in multi-crore scams

Jul 08 2018

CBI has sought deputation of banking and tax experts from other ministries with an offer of good monetary incentives.

Australia inquiry raps lender ANZ over dealings with indigenous clients

Jul 06 2018

Australia and New Zealand Banking Group (ANZ.AX) has behaved inappropriately when dealing with a number of indigenous clients, a powerful misconduct inquiry into the country’s financial sector heard on Friday.

Britain's Lloyds offers $100 million so far to HBOS fraud victims

Jul 05 2018

Lloyds Banking Group (LLOY.L) has made compensation offers worth 76 million pounds ($100.46 million) to victims of a fraud at its HBOS Reading unit, lawmakers said.

Britain's anti-fraud body closes investigation into rate rigging at Lloyds

Jul 04 2018

More than a dozen employees at Lloyds will be spared criminal trial for their part in the alleged rigging of the Libor benchmark, after Britain’s SFO closed its investigation due to lack of evidence.

Bond Vigilantes Won’t Let India Use a Band-Aid on Banks

Jul 04 2018

This week began with a proposal for a national asset management company, or bad bank, as if 21 state-run lenders weren’t enough bad banks.

I-Sec IPO: Sebi asks ICICI Pru MF to return Rs 240-cr of investors money to schemes

Jul 02 2018

Sebi is believed to have found ICICI Prudential MF in violation of rules during the last day bidding for IPO of the group firm ICICI Securities and has asked the fund house to pay back Rs 240 crore, with 15 per cent interest, to its five schemes from which the money was taken for the shares.

Indian Markets


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