How Volkswagen bumped into a $1.4 billion problem in IndiaVolkswagen is facing a $1.4 bn tax dispute with the Indian government over alleged import tax evasion for its car parts. The company claims...
03 Feb, 2025, 08.26 PM IST
RBI to meet banks to examine grey areas in overseas investment rulesCan a resident individual subscribe to an 'unregulated' fund in Singapore? Can a local startup buy into a fintech firm abroad? Is a high-ne...
21 Feb, 2024, 11.51 PM IST
RBI cracks the whip on banks, companies over past reporting lapsesSeveral companies, according to banking circles, are unable to make fresh financial commitments to their offshore arms after the central ba...
21 Apr, 2023, 12.42 AM IST
Singapore Exchange selects TCS BaNCS to power NSE IFSC-SGX Connect in Gift CityThe programme will connect to NSE IFSC, a fully owned subsidiary of the National Stock Exchange of India (NSE), for trade execution and cle...
16 Mar, 2022, 12.17 PM IST
Accused arms dealer Sanjay Bhandari bail in UK extradition case extended to May 13Bhandari, who was arrested on an extradition warrant in July 2020 and is contesting his extradition to India, was due for a hearing on Frid...
07 May, 2021, 09.37 PM IST
PIMCO, Goldman Sachs, Fidelity, BlackRock subscribe to Airtel's overseas bondsThe Sunil Mittal-led telco said it has priced $750 million worth of senior 10.25-year bonds at a yield of 187.5 basis points for an implied...
25 Feb, 2021, 05.11 PM IST
Sebi introduces code of conduct for mutual fund managers, dealersIn a notification dated October 29, Sebi said that chief executive officer (CEO) of the AMC will be responsible to ensure that the code of ...
03 Nov, 2020, 03.47 PM IST
Defence Ministry bans fugitive arms dealer Sanjay Bhandari's firm indefinitelyBhandari, who was close to Congress leaders and is suspected to have business dealings with Robert Vadra, managed to escape India following...
11 Jun, 2019, 07.47 PM IST
China warns Canada of consequences if it does not release Huawei CFOChina said that the arrest was a severe violation of a Chinese citizens’ legitimate rights and interests.
09 Dec, 2018, 10.42 AM IST
Alarm in government as whistleblower sends classified documentsWhile India was keen to go ahead with the deal for the EC 725 Super Cougar’ copters, Airbus did not extend the validity of its commercial b...
11 May, 2018, 08.30 AM IST
Defence Ministry suspends all business with Sanjay Bhandari’s firms as CBI probes Swiss aircraft dealAt present, MoD has debarred four major foreign and two Indian companies for 10 years, while business dealings are suspended with 13 other ...
06 Jan, 2018, 11.51 AM IST
need2know: Nine macro cues for your day on D-StreetIndia and Japan on Thursday decided to ramp up their strategic partnership with a declared aim to maintain stability in Asia.
15 Sep, 2017, 07.56 AM IST
FERA case: Abhishek Verma guilty of non-complaince of summonsAdditional Chief Metropolitan Magistrate Jyoti Kler will pronounce the order on the quantum of sentence on August 9. The maximum jail term ...
30 Jul, 2017, 09.56 AM IST
Meet Hasmukh Adhia, the most vital cog in PM Modi's plan to help India keep its date with GSTEveryone in Delhi's corridors of power speaks in hushed tones when asked about the clout of this top babu — a former Modi aide during his G...
18 Jun, 2017, 09.30 AM IST
HSBC set to nominate AIA's Mark Tucker as next chairman: SourcesA spokeswoman for the bank, Heidi Ashley, said HSBC will nominate a chairman this year, as announced at its annual meeting.
13 Mar, 2017, 01.23 AM IST
Swiss leaks: HSBC admits to weak compliance in pastWe acknowledge that the compliance culture and standards of due diligence in HSBC's Swiss private bank were significantly lower than they a...
09 Feb, 2015, 05.08 PM IST
RBI accepts Vijaya Bhaskar Committee’s recommendations on financial benchmarksThe central bank has advised the FIMMDA and FEDAI to act as administrators to the Indian rupee, interest rate, and foreign exchange benchma...
16 Apr, 2014, 10.05 PM IST