London: Indian call centres are selling confidential personal data, including credit card details and medical records, of over 500,000 Britons, a media report said Sunday. Citing an undercover investigation by The Sunday Times, the Daily Mail said the data is being sold by "corrupt Indian call centre workers" to criminals and marketing firms. The report said that two Indians, claiming to be information technology workers at call centres, met undercover...
05:47 PM, Mar 18, 2012
New Delhi: Government may grant the Income Tax department powers to re-open tax returns of beyond six years in specific cases of black money where "foreign assets" are involved. The I-T department needs these powers to pursue the ongoing cases where funds were found to be stashed abroad and these came to light after India received a classified list of bank account holders which include those in HSBC bank Geneva...
07:47 PM, Feb 20, 2012
Abu Dhabi: The Indian duo of SSP Chowrasia and Jeev Milkha Singh had a disappointing start to the Abu Dhabi HSBC Championships as they carded 74 and 75 respectively on the opening day of the Middle East swing on the European Tour on Thursday. Chowrasia, winner of the Avantha Masters in 2011, had one birdie against three bogeys, while Jeev, looking for his first win since 2008, had two bogeys,...
07:11 PM, Jan 26, 2012
New York: Standard & Poor's reduced its credit ratings on 15 big banking companies, mostly in the Europe and the United States, on Tuesday as the result of a sweeping overhaul of its ratings criteria. JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc, Wells Fargo & Co, Goldman Sachs Group Inc, Morgan Stanley, Barclays Plc, HSBC Holdings Plc, Royal Bank of Scotland Group Plc and UBS AG, were...
09:53 AM, Nov 30, 2011
New Delhi: Pressure is building on the government ahead of the winter session in Parliament to reveal the names of close to 800 Indian tax evaders. The Yashwant-Sinha led Parliamentary Standing committee has set a 15-day deadline for the government to take action on black money. The HSBC bank in Geneva is now the focus of India's investigation on Black Money but for finance minister Pranab Mukherjee, keeping secret the...
06:04 AM, Nov 19, 2011
New Delhi: Members of Parliamentary Panel on Friday sought quick government action on the black money issue and also asked the Finance Ministry to disclose the names of the evaders. House Panel grilled Finance Ministry officials on the black money issue and fixed a 15-day deadline for action. The Income-Tax department has already collected about Rs 140 crore from 100 tax evaders who have stashed over Rs 400 crore in...
08:34 PM, Nov 18, 2011
Shanghai: Australia's Adam Scott stood by his caddy Steve Williams in Shanghai on Saturday as golf sought a quick resolution to the controversy surrounding the New Zealander's racist remark about Tiger Woods. At the Annual Caddy Awards dinner in China on Friday, Williams went on stage to receive the prize for the season's best celebration after Scott's Bridgestone Invitational win in August and made an extremely derogatory comment about his...
02:39 AM, Nov 08, 2011
Shanghai: Jeev Milkha Singh turned in his best round of the week -- a four-under 68 -- to sign off a creditable tied 23rd in the WGC-HSBC Champions here on Sunday. Coming on top of his 10th-place finish at the CIMB Classic in Malaysia the previous week, the Indian ace expressed happiness at his progress. Meanwhile SSP Chowrasia (73), leader on the Asian Tour Order of Merit, finished way down...
06:47 PM, Nov 06, 2011
Shanghai: Jeev Milkha Singh overcame a poor start with a brilliant mid-round surge as he carded a three-under 69, which brought him to two-under for 54 holes and placed him at tied 41st at the end of the third round of the WGC-HSBC Champions on Saturday. However, fellow Indian SSP Chowrasia continued to languish at the lower end of the table with a round of one-over 73 and a total...
06:52 PM, Nov 05, 2011
Shanghai: Indian golfers Jeev Milkha Singh and SSP Chowrasia fell further down the ladder with disappointing second-round cards in the WGC-HSBC Champions on Friday. Jeev shot one-over 73 and dropped to one-over 145 for two rounds at tied 53rd place. Chowrasia (74) was down to 63rd with a total of three-over 147. Sweden's Fredrik Jacobson overcame a two-shot deficit by returning a flawless six-under 66 to take the second-round lead....
07:24 PM, Nov 04, 2011
New Delhi: The Black money debate has returned to haunt the UPA, even as the Income Tax Department has started probing accounts of 782 Indians in a Swiss bank for suspected black money. A list of the top Indian black money account holders of HSBC bank in Switzerland could make things more difficult for the Centre, as the list includes the who's who of the country - one reason why...
09:07 PM, Nov 01, 2011
After a lacklustre performance in the last three years in the equity category, HSBC Mutual Fund is gearing up for some serious changes. Tushar Pradhan, the chief investment officer (CIO) of HSBC Mutual Fund, has been given the responsibility to manage the HSBC Equity Fund along with three other equity funds. His task is to make HSBC Equity one of the best performing funds in the country. In 2003, HSBC...
02:12 PM, Nov 01, 2011
New Delhi: The Income Tax department is looking at 782 Indian accounts in HSBC Geneva for suspected black money. Sources said a probe into some of the Indian account holders with over Rs 3000 crores in deposits are being probed. The list was not officially given by the Swiss government, added the sources. Finance Minister Pranab Mukherjee says the government will reveal more foreign banks when there is enough information...
01:45 PM, Nov 01, 2011
New York: As companies battle the economic slowdown, the employees at large companies in the US and Europe seem to be facing the axe in a major way. More than 1,35,000 job cuts have been announced by just about a dozen multi-national companies in past few months in their efforts to slash costs and those from the financial services space are among the worst hit. However, the employees in India...
03:07 PM, Oct 31, 2011
Shanghai: World number two golfer Lee Westwood thinks men's golf should create a new Major in the Asia-Pacific region. The 38-year-old Englishman made the suggestion, despite being a supporter of the history behind the four events - The Masters, US Open, the Open Championship in Britain and the PGA Championship - that currently make up the highlights of the golf season. "I like the tradition of the Majors. I think...
04:40 AM, Oct 12, 2011
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