ED arrests cryptocurrency trader in Chinese online betting scam case

The Enforcement Directorate has arrested a cryptocurrency trader in connection with its money laundering probe linked to an online Chinese betting scam case that is estimated to be over Rs 1,100......

'When the market is good, you have to capitalise on it'

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.' Photograph: Carlo Allegri/Reuters At a time when foreign banks in India are......

Sensex down 111 pts on profit-taking, foreign fund outflows

Stock markets snapped the three-day gaining run on Tuesday with benchmark Sensex dropping by 110 points due to profit-taking in select private bank and auto shares amid weak trends from the US......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

HSBC to shut down India private banking business

Global banking major HSBC on Friday announced shutting down of its private banking business in India that offers wealth management services. "After a strategic review of our global private banking......

Uruguay's star footballer Forlan among HSBC's Swiss account holders

Uruguayan soccer player Diego Forlan on Monday denied evading taxes by hiding money in Swiss accounts with the British bank HSBC Holdings PLC. Forlan was among a list of rock stars, Hollywood......

Real, Barca and Bilbao sue La Liga over CVC deal

IMAGE: The deal was "an illegal transaction that causes irreparable damage to the entire Spanish football sector and flagrantly violates the most elementary principles of Spanish sports law and......