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World's most powerful man is worth only Rs 43.3 crore!

 United States President Barack Obama's estimated assets for the last year are valued at $8 million (Rs 43.3 crore), his latest annual financial disclosure forms show and he has up to $1 million (Rs......

Inspired by Rahul Gandhi, Mahua left job in US and returned

 The 14-year political journey of Trinamool Congress leader Mahua Moitra has encountered both upheaval and elevation, as her expulsion from Parliament in a cash-for-query case marked the culmination......

JP Morgan Chase to pay $1.7 bn in penalties for Madoff ties

 The US prosecutors have secured a whopping $1.7 billion penalty from banking giant J P Morgan, which has been criminally charged for ignoring warning signs of Bernard Madoff's massive Ponzi scheme......

Three senior executives at JP Morgan may quit: Report

 Three senior executive of JP Morgan Chase & Co's are expected to leave over the US-based global banking giant's over USD 2 billion loss on derivative trades, says a media report. "Three......

RBI penalises JP Morgan Chase

 The Reserve Bank on Friday imposed a penalty of Rs 5 lakh on US banking major JP Morgan Chase for violation of various norms including risk-management guidelines. "The Reserve Bank of India has......

JP Morgan Chase CEO Jamie Dimon has throat cancer

 JP Morgan Chase Chief Executive Jamie Dimon said he has been diagnosed with throat cancer but his condition is curable and will soon begin treatment while continuing to be "actively involved"......

Most rate hikes are over: JP Morgan

James Glassman, senior economist at JP Morgan Chase Bank says that most of the rate hikes are over and only modest moves are left.He adds that there are signs that the economy may slow down in Q3.......

Aap Kaa Surroor producer jailed for 7 years

 US-based mortgage broker and Bollywood impresario Vijay Taneja has been sentenced to 84 months in jail followed by three years of supervised release, and ordered to pay $33 million in restitution......

Man Utd gets takeover bid

 The world's richest soccer club Manchester United says it has received a takeover approach from an unnamed suitor, sending its shares higher and fanning speculation that U.S. sports tycoon Malcolm......

Advisers desert Glazer over Man U vote

 The bank and public relations firm advising U.S. tycoon Malcolm Glazer on his attempt to acquire Manchester United dropped him as a client on Friday, hours after he ousted three of the English......

Davenport wins third straight title

 American Lindsay Davenport completed her second career "California Triple" by crushing French Open champion Anastasia Myskina 6-1, 6-1 in the final of the Acura Classic on Sunday.The 28-year-old......

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