Bank Of New York Mellon

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Bank of New York Mellon to cut 1,800 jobs

The Bank of New York Mellon Corporation has said it will slash 1,800 jobs, which accounts for nearly four per cent of the firm's global workforce. "The investment management bank will reduce its......

US bank pulls out of Adani's Australian coal mine project

Bank of New York Mellon Corp has pulled out of providing financial services to the Adani group and its Carmichael coal mine in Australia, saying the venture is incompatible with its environmental,......

India pitches for US companies to list on Indian exchanges

As Prime Minister Narendra Modi begins his first ever US visit, India made a pitch for listing by American and other foreign companies on Indian exchanges under the newly proposed Bharat Depository......

Ranbaxy to pay $39.75 mn for litigation settlement with Texas

Ranbaxy Laboratories, which has been facing regulatory hurdles in the US, today said it will pay $39.75 million (around Rs 244 crore) in tranches to the state of Texas in the US to settle the......

Unsponsored ADRs, GDRs likely to get tax relief

Budget may bring exemption for those backed by Indian securities other than shares At present, the law exempts ADRs and GDRs from capital gains tax if they are backed by listed Indian shares; there......

Bank Of New York Mellon

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