Chinese PM Wen Jiabao's family has assets worth $2.7 bn?

In a potentially-damaging report ahead of his retirement from politics, Chinese Premier Wen Jiabao's family was on Friday accused of amassing assets worth at least $2.7 billion, prompting Beijing......

IPOs Soar on Bullish Market

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy. Illustration: Dominic Xavier/Rediff.com   The current......

The RBI Way Of Firefighting

Why is the RBI harsh on Paytm Payments Bank?Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that......

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore,  according to sources. Photograph: Jeenah......

PSU Disinvestment: Modi Missing The Bus

'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.' Illustration: Uttam Ghosh/Rediff.com   In......