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BusinessToday.In
New Delhi, July 16, 2018
To remind you, the whistleblower, reportedly an anonymous ICICI Bank employee, had written to the bank and the RBI in March alleging irregularities in the conduct of 31 borrower accounts, resulting in incorrect asset classification.


BusinessToday.In
July 16, 2018
While a specific figure for these India-linked accounts is not known, the total holding in all such dormant accounts is estimated at about Swiss Francs (CHF) 44 million (about Rs 300 crore).


BusinessToday.In
July 16, 2018
Last month, the insurance regulator approved LIC's proposal to increase its stake in troubled IDBI Bank from current 10.82 per cent to 51 per cent. Currently, the government holds 81 per cent stake in IDBI Bank.


PTI
New Delhi, July 15, 2018
The list of over 3,500 dormant accounts continues to have at least six withIndian links since December 2015, as no successful claimant has come forward for them. Recent data shows that Indians have about Rs 7,000 crore in Swiss banks.


PTI
July 15, 2018
Last financial year, PNB made recovery of about Rs 5,400 crore. However, in the first quarter of current fiscal, the bank has done recovery of over Rs 7,700 crore.


PTI
New Delhi, July 14, 2018
These comments from Economic Affairs Secretary Subhash Chandra Garg come on the heels of latest World Bank data showing that India has emerged as the sixth largest economy globally, surpassing France, in 2017.


BusinessToday.In
July 14, 2018
On June 28, the US Immigration Department came out with a policy memorandum which allows the USCIS to issue 'Notices to Appear' in cases where, upon the denial of an application or petition, an applicant is unlawfully present in the United States.


BusinessToday.In
July 14, 2018
The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.


PTI
New Delhi, July 13, 2018
Global rating agency Moody's today said it has downgraded the corporate family rating on Tata Motors due to the weakening credit metrics at Jaguar Land Rover (JLR).


PTI
New Delhi, July 13, 2018
The trade deficit in June is the highest since November 2014 when the gap was $16.86 billion. Oil imports during the month were up 56.61 per cent to $12.73 billion.


BusinessToday.In
New Delhi, July 13, 2018
As RIL stock surged to a record high of Rs 1,101 after touching an all-time high of 1,106.65 during the day on Friday, the net worth of Mukesh Ambani -- who holds 44.5 per cent stake in the company -- also jumped to $44.3 billion.


PTI
July 13, 2018
It has also been agreed that South Korea would permit Indians to set up yoga training institutes and send yoga trainers, while the Korean would do the same for Taekwondo.


BusinessToday.In
July 13, 2018
The RIL stock surged past the 1,100 mark to hit an all time high of 1107.25 level, taking the market capitalisation of Mukesh Ambani-owned conglomerate to Rs 7,01,404 crore (over $102 billion) on BSE.


BusinessToday.In
New Delhi, July 13, 2018
Twenty-four of these women on the list are billionaires, another record, up from 18 last year. Seven newcomers joined the ranks, including four Instagram-savvy makeup moguls.


BusinessToday.In
July 13, 2018
A Donald Trump visit on Republic Day may well be tom-tommed by the government as India's biggest foreign policy coup in the run up to general elections next year.


BusinessToday.In
July 13, 2018
In a regulatory filing Fortis Healthcare disclosed that its board had decided to recommend the binding investment proposal from IHH Healthcare Berhad (IHH) to invest Rs 4,000 crore by way of preferential allotment at a price per share of 170.


BusinessToday.In
New Delhi, July 12, 2018
The decision has been taken to address the concerns arising out of the anonymity provided by payments through demand drafts and its possible misuse for money laundering. The new rule will be applicable from September 15.


BusinessToday.In
New Delhi, July 12, 2018
The manufacturing sector that constitutes 77.63 per cent of the index grew by just 2.8 per cent in May. Power generation growth decelerated sharply to 4.2 per cent in May as compared to a high of 8.3 per cent year ago.


BusinessToday.In
July 13, 2018
A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.


BusinessToday.In
July 12, 2018
Though India is yet to make its stand on Iran oil official, Indian refiners have reportedly already started cutting down on imports.


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