Hsbc Bank

  • I-T to act against those who have accounts in HSBC Geneva November 28, 2012

    New Delhi: The Income Tax department has decided to begin prosecution action against those having "substantial" amounts in their bank accounts in HSBC's Geneva branch. The department has now written to the Finance Ministry to suggest a benchmark for funds held on the basis of which the I-T department can...
  • Black money: I-T approaches Swiss authorities November 18, 2012

    New Delhi: The Income Tax department, probing the secret list of account holders in the Geneva branch of HSBC bank, has approached Swiss revenue authorities for banking data of certain individuals after investigations showed some of them reportedly had other accounts under fictitious names. The department, which approached the Finance Ministry...
  • Black money: Govt's intentions malafide, says Kiran Bedi November 11, 2012

    Former Swiss bank employee Rudolf Elmer, who gave WikiLeaks the black money list, told CNN-IBN on Sunday that the list included Indian politicians, cricketers and film stars. ...
  • 'Politicians, cricketers on black money list' November 11, 2012

    New Delhi: A former Swiss bank employee has claimed that several politicians, cricketers and internationally well-known people have black money in the Swiss banks. Rudolf Elmer, who gave WikiLeaks the black money list told CNN-IBN that he did not sell any data to the Indian government. Speaking via Skype, Elmer...
  • Government protecting HSBC Bank, alleges Arvind Kejriwal November 10, 2012

    India Against Corruption activist-turned-politician Arvind Kejriwal on Saturday alleged that the government is protecting HSBC Bank, against whom he had made money laundering charges. The government, earlier in the day, had claimed that investigations were being carried against people whose names appeared in the alleged black money list handed over...
  • Govt targeting the small fry, sparing the corrupt: Kejriwal November 10, 2012

    New Delhi: India Against Corruption (IAC) activist-turned-politician Arvind Kejriwal has refused to accept the government's statement that explained that a probe had been initiated into the information provided by the government of France regarding several Indians who had accounts in foreign banks. Speaking to reporters, Kejriwal said he had five questions...
  • Govt counters IAC, says details on black money being probed November 10, 2012

    New Delhi: The government on Saturday countered India Against Corruption (IAC) activist Arvind Kejriwal's claims that it is not acting on the alleged black money list handed over by the French government in 2010. In a statement, the government said that the information received from the French government had been...
  • Govt dismisses Kejriwal's black money allegations November 10, 2012

    New Delhi: The government has dismissed India Against Corruption activist-turned-politician Arvind Kejriwal's allegations of black money against big corporate houses, saying there is nothing new in it. "Nothing new in the allegations. This has already been discussed in Parliament. Government may issue a statement if required," the government said. Meanwhile, Kejriwal...
  • India @ 9 with Bhupendra Chaubey November 9, 2012

    India Against Corruption activist-turned-politician Arvind Kejriwal on Friday targeted several top Indian business groups and a Congress MP, alleging that they had stashed black money worth several hundred crores in the HSBC Bank in Geneva, Switzerland. He claimed that a senior Congress leader gave him the details about the black money....
  • Is the government hiding the truth on black money? November 9, 2012

    Reliance Industries Limited, the HSBC bank, the Dabur group have all denied the charges levelled against them by India Against Corruption activist-turned-politician Arvind Kejriwal who accused their chiefs of having crores of cash deposits in Swiss bank accounts where money, he alleged, was transferred through hawala. ...
  • Black money: Will probe Kejriwal's charges if found concrete, says Cong November 9, 2012

    India Against Corruption activist-turned-politician Arvind Kejriwal on Friday targeted several top Indian business groups and a Congress MP, alleging that they had stashed black money worth several hundred crores in the HSBC Bank in Geneva, Switzerland. He claimed that a senior Congress leader gave him the details about the black money....
  • HSBC Bank under scanner globally for alleged money laundering November 9, 2012

    While IAC leader Arvind Kejriwal may have highlighted HSBC Bank's role in facilitating laundering black money in India, globally the London-headquartered banking major is also under scanner from several international agencies. Here is a look at some of the accusation against HSBC for its questionable transactions. ...
  • Arvind Kejriwal has vested interests: Ambanis November 9, 2012

    New Delhi: Reliance Industries Limited, the HSBC bank, the Dabur group have all denied the charges levelled against them by India Against Corruption activist-turned-politician Arvind Kejriwal who accused their chiefs of having crores of cash deposits in Swiss bank accounts where money, he alleged, was transferred through hawala. Reliance Industries denied...
  • HSBC says it is serious on compliance with law November 9, 2012

    New Delhi: HSBC Bank in India on Friday came out with a cautious reaction to the money laundering allegations made by activist-turned-politician Arvind Kejriwal saying it takes compliance with the law very seriously. Earlier in the day, Kejriwal targeted several top Indian business groups and a Congress MP, alleging that...
  • Allegations made by Kejriwal deserve probe, says BJP November 9, 2012

    Reacting on the allegations activist turned politician Arvind Kejriwal made against Ambanis and Dabur over the black money stashed in Swiss banks, BJP spokesperson Rajiv Pratap Rudy said the charges deserve investigation. ...
  • Reliance Industries denies Kejriwal's allegations November 9, 2012

    Mumbai: Reliance Industries Limited has denied all allegations levelled by India Against Corruption Activist-turned-politician Arvind Kejriwal. Kejriwal on Friday said in New Delhi that Mukesh Ambani had stashed Rs 100 crore in black money in the HSBC Bank in Geneva, Switzerland. But Reliance Industries Limited issued a press release later on...
  • Kejriwal alleges Ambanis, Dabur owners have black money November 9, 2012

    New Delhi: India Against Corruption activist-turned-politician Arvind Kejriwal on Friday targeted several top Indian business groups and a Congress MP, alleging that they had stashed black money worth several hundred crores in the HSBC Bank in Geneva, Switzerland. He claimed that a senior Congress leader gave him the details about...
  • HSBC row: India seeks more information from US July 19, 2012

    Home Secretary RK Singh said that Financial Intelligence Unit has been set up to check money laundering by HSBC bank. ...
  • HSBC goes for biggest e-auction September 2, 2006

    Mumbai: It could be the biggest e-auction of real estate in India. HSBC is all set to use the Internet to sell its property in Worli, Mumbai for over Rs 150 crore. HSBC Bank’s 80 thousand to one lakh sq foot building in Worli is now looking for a new...