A Zurich court found four Gazprombank bankers guilty of not conducting proper checks when opening accounts linked to a close friend of Russian President Vladimir Putin years ago.
The Ministry of Defence (MoD) has signed 10 contracts totalling Rs 5,498 crore with state-owned aerospace and defence electronics company Bharat Electronics Limited (BEL) for Indian armed forces, the PSU said in a regulatory filing to the stock exchanges on Thursday.
Alibaba's landmark restructuring has sent its shares soaring in New York and Hong Kong, as investors bet on the return of regulatory support for China's tech industry and private businesses after more than two years of a brutal crackdown, CNN reported. The news of the restructuring came shor
Financial markets regulator Securities and Exchange Board of India (SEBI) has asked the top 100 listed companies by market capitalization (size) effective from October 1, 2023, to verify and confirm, deny or clarify in case of any market rumours.
Earlier in the day, Supreme Court allowed a plea by the Centre seeking allocation of Rs 5,000 crore, out of Rs 24,000 crore deposited by the Sahara group with market regulator Sebi, to repay depositors of the cooperative societies.
"I think that anytime you have a bank failure like this, bank management clearly failed, supervisors failed and our regulatory system failed," the Fed's vice chair for supervision Michael Barr told the House Financial Services Committee.
Securities and Exchange Board of India chairperson Madhabi Puri Buch, in her first press appearance since the Adani-Hindenburg issue rocked the country, categorically said the regulator will not comment on it as the matter is sub-judice.
The Telecom Regulatory Authority of India (TRAI) has asked all telecom service providers to report network outages to it with the proper root causes and what corrective actions were taken subsequently.
Delhi's Power Minister Atishi alleged that a conspiracy is being hatched to stop the free electricity scheme that the Kejriwal government is providing to the people of Delhi. "The scheme, which has been a huge success, is being obstructed by some officials in connivance with the Lt. Governor
The company has written Central Power Purchasing Agency -Guaranteed (CPPA-G) a number of letters, most notably one on February 22, 2023, in which it asked for payment of its unpaid debts and alerted CPPA-G of impending debt servicing needs totalling Rs 28 billion.