ANew Delhi court has directed a businessman, whose cheque worth Rs 50 lakh had bounced seven years ago, to pay a whopping Rs one crore as compensation.Metropolitan Magistrate Anuradha Shukla also......
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.''Surely someone senior in the government alerted him that the......
Pakistani national Arif alias Ashfaq, who was awarded a death sentence in the Red Fort attack case on Monday, is an international hawala racketeer financing terrorist activities in India. Months......
Parliament is expected to take up a motion for impeaching Justice Soumitra Sen of the Calcutta High Court. M R Madhavan (head of Research, PRS Legislative Research, New Delhi) explains the process......
It was a historic day in Rajya Sabha where a motion was moved to impeach a judge of Kolkata High Court and remove him from his post. At 3 pm on Wednesday, the motion was moved by Communist Party of......
Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......
Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis......
'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures;......
The bank was worth over Rs 80,000 crore as recently as September 2017.The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write......
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......