Bankers

  • Piyush Goyal to meet bankers on Monday; discuss bottlenecks June 22, 2014

    New Delhi: In a bid to restore investor confidence in electricity generation sector, Power Minister Piyush Goyal will meet bankers on Monday to discuss the financing bottlenecks affecting the industry and the way forward. Goyal's meeting with the bankers may touch upon the key issues of delayed regulatory clearances which led...
  • Kidnapped banker in Meghalaya rescued after gunfight June 18, 2014

    Shillong: A kidnapped bank official in Meghalaya was rescued Wednesday after a gunfight with his abductors in the West Garo Hills district, police said. Arvind Kumar, manager at State Bank of India's Ampati branch, was kidnapped at gunpoint by three unidentified men from Garobadha area while he was going towards his...
  • German banker testifies that F1 boss Ecclestone bribed him May 13, 2014

    Munich: A German banker has told a Munich court that he accepted a multi-million dollar bribe from Formula One boss Bernie Ecclestone to facilitate a business deal. Gerhard Gribkowsky, the prosecution's star witness in Ecclestone's corruption trial, testified Tuesday that Ecclestone initially approached him suggesting the deal be made in Singapore. Gribkowsky...
  • Remembering Sudhir: The veteran actor who portrayed negative and comic roles with utmost ease May 13, 2014

    New Delhi: Bushy mustache, flashy clothes, wavy hair and long sideburns. Yesteryear actor Sudhir was the very essence of the typical Bollywood villain in the '70s and '80s.But the popular actor, who had chosen to remain away from the limelight in the later years of his life, passed away after...
  • Siddharth Roy Kapur: Thrilled to have Abhishek Kapoor direct the film 'Mahabharata' March 24, 2014

    Mumbai: "Rock On!!" director Abhishek Kapoor will go behind the camera to bring Indian epic "Mahabharata" on the big screen, and the narrative will be divided into two movies. Currently, Kapoor is ready to roll the cameras for "Fitoor", but "Mahabharata" will become his focus of attention soon after. "Abhishek will be...
  • Haryana: Investment banker quits job to light up Sirohi village November 5, 2013

    New Delhi: In the sleepy village of Sirohi, 60 kms from Delhi, Gauri Agarwal has lit up the lives of the villagers in less than six months. Gauri who quit her job as an investment banker decided to adopt the village. Aided by the students of the National Power Training...
  • Best Bankers' Awards: Celebrating excellence in banking sector October 6, 2013

    Top bankers come together for Best Bankers' Awards to celebrate excellence in banking sector. ...
  • Bankers want RBI to cut rate, release liquidity September 17, 2013

    With peak festival season around the corner, bankers are pressing for a cut in CRR and policy rates by the Reserve Bank in its monetary policy later this week to boost demand for manufactured goods and revive sagging economic growth. "We have made our recommendations for releasing the liquidity, making it...
  • Chidambaram meets top bankers to shore up fund inflows August 24, 2013

    Finance Minister P Chidambaram on Saturday held a closed-door meeting here with top bankers to take stock of the situation in the wake of rupee volatility and ways to shore up foreign capital to bridge the widening current account gap. The minister, who will also be meeting foreign institutional investors whose...
  • Penguin offers Ravi Subramanian Rs 1.25 crore for two-book deal July 19, 2013

    Ravi subramanian's move from Rupa Publications to Penguin India may not be about the money but you cannot be blamed for thinking it is. The publishing giant has offered the author Rs 1.25 crore for a two-book deal making it the highest advance given by them to any Indian writer....
  • Sweden's Princess Madeleine marries New York banker June 9, 2013

    Stockholm: Princess Madeleine, fourth in line to the Swedish throne, married US-British banker Christopher O'Neill on Saturday at a ceremony attended by royals and socialites from around the world. The 30-year-old princess married O'Neill, 38, before some 600 guests in the chapel of the Royal Palace of Stockholm. O'Neill fought back tears...
  • Blood Red Sari will grip you from the very first page April 18, 2013

    Whenever I see a book by Ashok Banker, I wonder how he manages to work on so many books at the same time. When I first got to know about Blood Red Sari, I had two latest releases by Ashok Banker on my shelf. From mythology to popular fiction, he...
  • Chidambaram meets bankers, corporate honchos April 8, 2013

    Mumbai: Amidst the ongoing gloom on the economic front, Finance Minister P Chidambaram on Monday allayed fears of the industry over stalled projects and assured all steps to remove the bottlenecks. "The agenda was to identify the projects that have been stalled. We've identified 215 projects which for one reason...
  • Excerpt: Lord of Mathura by Ashok Banker November 8, 2012

    A gopa against a king, a nephew against his uncle – the Slayer of Kamsa returns to Mathura to fulfil the prophecy in the fourth book of the Krishna Coriolis Series. As Krishna grows into manhood, Kamsa grows ever more desperate to kill his nemesis. With Jarasandha’s aid, the rakshasa king...
  • Economist-Crossword Book Award: 'Incredible Banker' wins best popular book October 19, 2012

    Mumbai: 'The Incredible Banker' by Ravi Subramanian has bagged the 'best popular book' award for 2011, instituted by the Economist-Crossword Book Award. 'The Folded Earth' by Anuradha Roy won the award in the Indian Fiction category while the Indian Non-Fiction award went to 'A Free Man' by Aman Sethi, '17'...
  • Swiss banks' foreign client assets dip to 4-yr low July 9, 2012

    New Delhi: Amidst a growing global scrutiny of overseas funds deposited in Swiss banks, the quantum of total foreign assets managed by them has dipped by nearly 300 billion Swiss francs (about Rs 20 trillion) since 2008. Also, the share of foreign client assets in Swiss banks dropped to 51...
  • Black money: Swiss banks' new safe haven idea July 2, 2012

    New Delhi: Amid a global crackdown against alleged black money in secret accounts of Swiss banks, their bankers are selling a new safe-haven idea to their rich clients from India and other countries -- the high-value 1,000 franc notes to be stored in safe deposit boxes. These boxes -- kept inside...
  • AI to issue its bankers shares worth Rs 7,500 cr December 29, 2011

    New Delhi: A proposal to issue preferential shares worth Rs 7,500 crore to Air India's lenders was approved by its Board on Thursday, as the national carrier saw significant rise in its yields and passenger revenue. The Board, at its meeting here, "approved the rearrangement of authorised share capital by issue...
  • Indian investment banker dies in US plane crash December 21, 2011

    New York: An Indian managing director of a US investment firm was among five people who were killed when a small plane lost control and crashed on a New Jersey highway on Tuesday. Rakesh Chawla, 36, worked at New York-based investment bank Greenhill & Co. The Georgia-bound plane was also carrying...
  • Book Extract: Dance of Govinda by Ashok Banker December 20, 2011

    Ashok Banker's 'Dance of Govinda,' published by Harper Collins, was released recently. Here's an extract from it: The being that had once been Prince Kamsa towered over the city. He had expanded himself enough to be able to stand and gaze out at all Mathura. He surveyed his domain from a...
  • WikiLeaks: former Swiss banker goes on trial January 20, 2011

    Zurich: Former Swiss banker Rudolf Elmer admitted on Wednesday he sent private client data to tax authorities as he went on trial for breaching bank secrecy, but denied blackmail and a bomb threat against Julius Baer. Elmer, 55, helped bring WikiLeaks to prominence three years ago when he went to the...
  • WikiLeaks' next: Swiss A/C details of super rich? January 18, 2011

    A former Swiss banker hands over banking secrets of the rich and famous to whistleblowing website WikiLeaks. He says he wants the world to know about the secret money. ...
  • Wikileaks gets Swiss bank account holders' data January 18, 2011

    London: A former Swiss private banker handed over data on hundreds of offshore bank account holders to WikiLeaks founder Julian Assange on Monday, saying he wanted to draw attention to financial abuses. Rudolf Elmer, 55, headed the office of Julius Baer in the Cayman Islands until he was fired by the...
  • Wall St bankers, publicly modest, eye fancy toys December 30, 2010

    New York: Wall Street executives may face smaller bonuses and a public that still eyes them with suspicion, but that isn't stopping them from rediscovering their love of luxury cars, oceanfront homes and private jets. A soaring stock market, a surge in merger deals and an uptick in hiring on Wall...
  • In conversation with author Ashok Banker December 25, 2010

    First, he reworked The Ramayana into a modern, rip-roaring series rife with romance, adventure and passion. Next, Ashok Banker will be retelling The Mahabharata In the same way. In between, he has been working on Krishna's story as well in the Krishna Corialis series: the first volume of which, Slayer...
  • Housing scam: bankers defend loans sanctioned November 26, 2010

    Mumbai: Bankers have defended the loans given to companies named in the CBI charge sheet in connection to the bribes for loan scam saying these were performing loans and were sanctioned after due process. In its chargesheet, the CBI had named officials from the Bank of India, Punjab National Bank...
  • Multicrore loan scam busted, PSU bankers arrested November 25, 2010

    The CBI on Wednesday busted a multi-crore loan scam involving top officials from leading PSU lenders. ...
  • Brown, Sarkozy want 'supertax' on bankers' bonuses December 10, 2009

    London: British Prime Minister Gordon Brown and French President Nicolas Sarkozy on Thursday jointly called for urgent reforms to the global financial market in what was described as a rapprochement following a diplomat spat. The two leaders, writing jointly in The Wall Street Journal, called for "a new compact between global...
  • Swiss bank fined £8 mn for misusing client accounts November 13, 2009

    London: Swiss bank UBS has been fined £ 8 million in the UK after four of its senior employees were found misusing funds of customers, including two companies of Indian industrialist Anil Ambani-led group. The penalty of close to Rs 50 crore by UK's Financial Services Authority (FSA) comes at a...
  • 'No secret stashes of Indian money in Swiss banks' September 14, 2009

    New Delhi: Top officials at Swiss banks rubbish allegations that Indians have secretly stashed thousands of crores at the Swiss Banks. This amid claims from various quarters that black money deposited by Indians in Swiss banks exceeds $1 trillion. A top official at the Swiss Bankers Association dubbed these claims as...