CBI books 5 in Delhi for looting US citizen of $400K

The CBI has booked five people for allegedly posing as Microsoft tech support and siphoning off USD 400,000 (Rs 3.37 crore as per current rates) retirement funds of a US citizen, officials said on......

Jailed Lashkar terrorist Afsar Pasha masterminded Mangaluru blast: Police

Investigators have found that jailed Lashkar-e-Tayiba operative Afsar Pasha masterminded the Mangaluru bomb blast that occurred in November last year and he provided training in making cooker bombs......

'Fort Hood shooter may have wired money to Pak'

US Army psychiatrist Nidal Hasan, paralysed from waist down due to bullet wounds received during his shooting spree that killed 13 fellow soldiers, may have wired money to Pakistan which could lead......

Dawood handling terror cash via Bank of Baroda in Bahamas?

Fugitive underworld don Dawood Ibrahim is still allegedly laundering blood money through the Bank of Baroda's branch in the tax havens in Nassau, Bahamas.According to a CNN-IBN-First Post......

SC permits Vodafone wire transfer

The Supreme Court on Friday allowed the request of British telecom giant Vodafone to deposit Rs 2,500 crore (Rs 25 billion), as directed by it earlier, through banking wire transfer instead of bank......

All about wire transfers to and from India

Exchange rates play an important factor in international fund transfers Transferring money from one country to another is an oft-utilised service in today’s globalised banking scenario.......

The Mystery of ZEE and DIIs

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues?Perhaps they think Zee is a deep-value stock, observes Debashis Basu. Photograph: Kind courtesy ZEE5......

SVB crisis: Start-ups seek govt's help to bring money to India

Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for......

FIFA scandal: Banks did not do enough, says global agency

Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters A global group of government anti-money-laundering agencies said that financial......

World anti-money laundering body deletes FIFA-related warning

'We don't have any direct evidence that financial institutions have done necessarily anything wrong' Swiss police officers stand in front of the entrance of the FIFA headquarters in Zurich.......

EXPOSED! FIFA scandal stinks up the Caribbean

‘There is a Jack Warner or two in every Caribbean parliament today’ Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters......

Why FIFA boss Blatter has become the focus of a criminal investigation

- A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation. -......