Standard Chartered helped Iran hide $250 bn: US
August 7th, 2012 - 2:45 pm ICT by IANS
London, Aug 7 (IANS) The US has accused Britain's Standard Chartered bank of hiding 160 billion pounds (nearly $250 billion) of transfers that helped finance Iran's nuclear weapons programme.New York ... Read more...
Posted in Business |
Standard Chartered’s BPO to prune vendors, save $7 mn
January 19th, 2012 - 7:13 pm ICT by IANS
Chennai, Jan 19 (IANS) Standard Chartered Bank's wholly-owned subsidiary Scope International Pvt Ltd hopes to save $7 million per year by pruning its IT vendor base to three or four ... Read more...
Posted in Business |
Rs.16 crore credit card racket busted in Bangalore
October 28th, 2011 - 10:07 pm ICT by IANS
Bangalore, Oct 28 (IANS) The cyber crime branch of Karnataka Police arrested five people, including a woman kingpin, for defrauding foreign nationals of funds equivalent to around Rs.16 crore (Rs.160 ... Read more...
Posted in Uncategorized |
Airtel launches online payment system in Africa
September 15th, 2011 - 12:26 am ICT by IANS
Kenya/New Delhi, Sep 14 (IANS) Bharti Airtel Wednesday said that its African-arm has launched an online payment system -- PayOnline that will allow its mobile subscribers to use handsets to ... Read more...
Posted in Sci-Tech |
Rs.650 crore released from Harshad Mehta’s assets
September 13th, 2011 - 7:51 pm ICT by IANS
Mumbai, Sep 13 (IANS) A Mumbai special court Tuesday ordered the release of Rs.650 crore to the Income Tax department and banks from the liquidated assets of late scamster ... Read more...
Posted in Uncategorized |
GMR secures funding for its Singapore power project
July 15th, 2011 - 7:55 pm ICT by IANS
Singapore, July 15 (IANS) GMR Infrastructure Ltd's Singapore-based energy subsidiary Friday said it has secured funds for its 800 MW power project from a consortium of six banks."The financing structures ... Read more...
Posted in Business |
65 percent top banks ‘back to business’
April 13th, 2011 - 1:36 pm ICT by IANS
Toronto, April 13 (IANS) In a cheering news for the financial world, two-thirds of the world's top banks say they are back to business as usual after the global economic ... Read more...
Posted in Business |
UN announces new programme for Indian widows
March 8th, 2011 - 7:38 pm ICT by IANS
New Delhi, March 8 (IANS) Recognising the plight of widows in India whose lives are often mired in poverty and neglect, the UN Tuesday launched a new programme for widows ... Read more...
Posted in Health Science |
Reliance Power ties up Chinese bank funds for Sasan project
December 15th, 2010 - 7:32 pm ICT by IANS
New Delhi, Dec 15 (IANS) Reliance Power, part of the Anil Dhirubhai Ambani Group (ADAG) Wednesday said it has tied up financing of Rs.5,000 crore ($1.1 billion) from Chinese banks to import ... Read more...
Posted in Business |
Among bank head honchos, Indians get lowest salary in Nepal
December 3rd, 2010 - 4:04 pm ICT by IANS
By Sudeshna Sarkar
Kathmandu, Dec 3 (IANS) Nepal may be one of the poorest nations in the world and India may have one of the fastest growing economies, but the head ... Read more...
Posted in Business |
After Cameron, more high-profile visits from Britain
July 30th, 2010 - 7:48 pm ICT by IANS
By Manish Chand
New Delhi, July 30 (IANS) Following in on a fairly productive visit by Prime Minister David Cameron, Britain has lined up a string of high-profile visits that include Prince ... Read more...
Posted in Uncategorized |
Common ground takes India, Britain ties to new level (Roundup)
July 30th, 2010 - 12:29 am ICT by IANS
New Delhi, July 29 (IANS) Joining hands against terror sourced in Pakistan, India and Britain Thursday resolved to intensify their counter-terror cooperation and ramp up economic and cultural ties to a ... Read more...
Posted in Uncategorized |
India, Britain to double trade in five years: PM
July 29th, 2010 - 11:45 pm ICT by IANS
New Delhi, July 29 (IANS) India and Britain have agreed to double their bilateral trade - currently at 8 billion pounds - by 2015, Indian Prime Minister Manmohan Singh announced Thursday.
"We ... Read more...
Posted in Business |
Britain plans event in India to woo tourists (SPOT)
July 29th, 2010 - 12:10 am ICT by IANS
New Delhi, July 28 (IANS) The British national tourism agency, VisitBritain, will host its main international travel trade event in Bangalore in 2011, it was announced during Prime Minister David Cameron's ... Read more...
Posted in Business |
India celebrates 150 years of income tax from Saturday
July 23rd, 2010 - 8:21 pm ICT by IANS
New Delhi, July 23 (IANS) India Saturday kicks off celebrations to mark 150 years of its Income Tax Department since British rule -- a period that saw the mop-up grow from ... Read more...
Posted in Business |
Nepal seeks to regulate money withdrawals in India
June 22nd, 2010 - 4:34 pm ICT by IANS
Kathmandu, June 22 (IANS) Faced with a growing shortage of Indian currency, Nepal's apex bank has introduced a new regulation to govern the withdrawal of money from Indian banks.
From this week, ... Read more...
Posted in Business |
Corporates go green on World Environment Day
June 5th, 2010 - 5:43 pm ICT by ANI
New Delhi/Mumbai, June 5 (ANI): The National Association of Software and Services Companies (NASSCOM) Foundation organised a 'CEO Volunteer Day' here on Saturday on the occasion of World Environment Day, where leaders ... Read more...
Posted in National |
Standard Chartered to fully control erstwhile UTI Securities
May 20th, 2010 - 6:47 pm ICT by IANS
Kolkata, May 20 (IANS) Britain-based global bank Standard Chartered Plc is planning to take total control of the erstwhile UTI Securities by acquiring another 25.1 percent stake by the third quarter of ... Read more...
Posted in Business |
Standard Chartered Bank to raise resources in Indian market
May 18th, 2010 - 9:24 pm ICT by IANS
Chennai, May 18 (IANS) Britain-based global bank Standard Chartered Plc will come out with its first ever Indian Depository Receipt (IDR) issue May 25 to increase its market visibility and brand image ... Read more...
Posted in Business |
2 Nigerians held for using cloned credit cards
May 14th, 2010 - 9:40 pm ICT by IANS
New Delhi, May 14 (IANS) Two Nigerian nationals were arrested here on charges of using cloned credit cards to buy expensive items, police said Friday.
Dare and Kehinde were arrested Monday while they ... Read more...
Posted in Uncategorized |
Banks not to hike rates till monetary policy review
April 5th, 2010 - 9:02 pm ICT by IANS
Mumbai, April 5 (IANS) Commercial banks will maintain a status quo on interest rates till such time the Reserve Bank of India (RBI) reviews its monetary policy April 20, an ... Read more...
Posted in Business |
Tata Motors sells 20 percent stake in Telcon to Hitachi
March 30th, 2010 - 5:18 pm ICT by IANS
New Delhi, March 30 (IANS) India's largest commercial vehicle manufacturer Tata Motors Tuesday signed an agreement to sell its 20 percent stake in Telco Construction Equipment Company Ltd (Telcon) to Japanese partner ... Read more...
Posted in Business |
Apex court stops French firm’s mining in Meghalaya (Lead)
February 5th, 2010 - 10:26 pm ICT by IANS
New Delhi, Feb 5 (IANS) The Supreme Court Friday ordered French firm Lafarge, involved in mining limestone in Meghalaya for its cement plants in Bangladesh, to stop its mining operations in the ... Read more...
Posted in Business |
14 FDI proposals worth Rs.733 crore approved
January 28th, 2010 - 8:22 pm ICT by IANS
New Delhi, Jan 28 (IANS) A proposal from a leading private bank and another from an infrastructure company were amongst the 14 foreign direct investment proposals worth Rs.732.57 crore approved by the ... Read more...
Posted in Business |
Allow more Indians to work in Britain: President
October 29th, 2009 - 10:34 pm ICT by IANS
By Dipankar De Sarkar
London, Oct 29 (IANS) President Pratibha Patil Thursday urged Britain to allow "freer movement" of Indians wishing to live and work in this country to enable India-British ties ... Read more...
Posted in Business |
Jaguar Land Rover secures 500 mn pound funding: report
October 7th, 2009 - 9:28 pm ICT by IANS
London, Oct 7 (IANS) Jaguar Land Rover (JLR), the troubled British carmaker, has secured 500 million pounds of new finance, including a 175 million pound loan from the State Bank of ... Read more...
Posted in Business |
Essar, Dhabi Group eye partnership in Africa telecom venture
July 19th, 2009 - 11:00 pm ICT by IANS
Abu Dhabi, July 19 (IANS) India's Essar Group is exploring possibilities for investing in the United Arab Emirates (UAE)-based Dhabi Group's telecom business in Africa, the WAM news agency reported Sunday.
Dhabi Group ... Read more...
Posted in Business |
Swat conflict triggers largest, swiftest refugee exodus: UNHCR
May 22nd, 2009 - 7:57 pm ICT by IANS
Islamabad, May 22 (IANS) The Pakistani military's anti-Taliban operations in the country's troubled northwest has triggered the largest and swiftest refugee exodus anywhere in the world in recent times, says the ... Read more...
Posted in South Asia |
ITC joint venture Nepal’s second highest tax payer
May 11th, 2009 - 5:34 pm ICT by IANS
Kathmandu, May 11 (IANS) Despite growing labour trouble, tobacco giant ITC's joint venture in Nepal remains one of the top tax payers in the Himalayan republic, coming second after the state-run Nepal ... Read more...
Posted in Business |
Standard Chartered Bank organises visually impaired motor rally
April 9th, 2009 - 7:14 pm ICT by ANI
New Delhi, Apr 9 (ANI): The Standard Chartered Bank on Thursday organised a motor rally under the caption 'Seeing Is Believing' for visually challenged people.The intended purpose of the rally was to ... Read more...
Posted in National |
Glamour, women and vintage cars come together to rally for girl child (With Images)
March 22nd, 2009 - 6:50 pm ICT by IANS
New Delhi, March 22 (IANS) An all-women vintage car rally in the capital Sunday brought at least 75 classic and vintage automobiles to roll for the cause of the girl child from ... Read more...
Posted in Health Science |
IIM-Ahmedabad students face heat of slowdown
March 3rd, 2009 - 5:01 pm ICT by IANS
Ahmedabad, March 3 (IANS) In yet another example of the shrinking job market, 50 final year post-graduate students at the Indian Institute of Management-Ahmedabad (IIM-A) are yet to get any job offers ... Read more...
Posted in Uncategorized |
Standard Chartered bank accused of diverting money to Mugabe
February 26th, 2009 - 3:00 pm ICT by ANI
London, Feb 26 (ANI): The British Foreign Office has showed concern over the involvement of Standard Chartered bank in diverting money to the Robert Mugabe-led Zimbabwe Government.The bank was run by Abersoch-born ... Read more...
Posted in World |
Consumer court’s order against hefty credit card interest stayed
February 3rd, 2009 - 10:16 pm ICT by IANS
New Delhi, Feb 3 (IANS) The Supreme Court Tuesday suspended a consumer rights panel's verdict ordering banks to put a cap of a 30 percent annual interest rate on default payments by ... Read more...
Posted in Uncategorized |
China’s economic growth at seven-year low
January 22nd, 2009 - 7:01 pm ICT by IANS
Beijing, Jan 22 (Xinhua) China's economy registered the slowest growth in seven years in 2008, expanding nine percent year-on-year as the global financial crisis continued to affect the country's economy, official data ... Read more...
Posted in World |