'Dr Singh Didn't Take Orders From Sonia Gandhi'

'Mrs Gandhi had nothing to do in the day-to-day working of Dr Singh's government.''People say Mrs Gandhi's office used to give orders, which is nonsense.' Prithviraj Chavan, who served as a......

Lehman Brothers to surrender trading membership of NSE

More than four years after it went bankrupt, the US-based Lehman Brothers has offered to surrender its brokerage membership of the Indian bourse NSE.Once an iconic financial services major, Lehman......

Lehman Brothers files for bankruptcy. Is AIG next?

Lehman Brothers, fourth largest investment firm, filed for bankruptcy, after Barclays pulled out of an 11th-hour rescue, becoming the largest financial firm to fail in the global credit crisis,......

Lehman crisis: 3 Asian arms suspend operation

A day after US-based investment banker announced its intension to file for bankruptcy protection, three of its Asian subsidiaries suspended their operations. "Lehman Brothers Asia Limited, Lehman......

Lehman Europe to repay $11 bn to clients

The administrators of the European operations of the failed Lehman Brothers will return assets worth over $11 billion to the investors. More than 90 per cent of the affected investors at Lehman......