Twenty three public sector banks, including the SBI, and insurance companies have been named in a sting operation conducted by special investigations website Cobrapost. ...
05:55 PM, May 06, 2013
New Delhi: Special Investigations website Cobrapost has revealed that 23 banks and insurance companies have been engaged in money laundering. Among the 23 banks involved are mostly PSU banks including some big names like the State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, IDBI, Oriental Bank and Dena Bank. Cobrapost editor Aniruddha Bahal claims that both banks and the insurance companies flouted the Foreign Exchange Management...
10:43 AM, May 06, 2013
Oeiras: Second-seeded Stanislas Wawrinka of Switzerland rallied past Albert Ramos of Spain 1-6, 6-3, 6-4 on Thursday to move into the Portugal Open quarter-finals. Eighth-seeded Tommy Robredo also advanced on the Spaniard's 31st birthday, defeating Robin Haase 6-4, 6-4. On the women's side, fourth-seeded Carla Suarez Navarro of Spain is into the semifinals with a 6-2, 6-4 victory over Monica Puig of Puerto Rico. Romina Oprandi also advanced with a...
08:59 AM, May 03, 2013
Chennai: Tamil actor Dhanush has decided to speak in Hindi Tuesday because the trailer of his debut Hindi movie 'Raanjhnaa' is set to release online midnight tonight. "And it's a big day. 'Raanjhnaa' trailer releases tonight at 12... Aaj mein Hindi mein baat karunga (Today (Tuesday), I will speak in Hindi)," posted Dhanush on his Twitter page. The actor learned Hindi language to work in the romantic drama. He is...
03:56 PM, Apr 23, 2013
Mumbai: RBI Deputy Governor KC Chakrabarty on Tuesday said the central bank may introduce some corrective measures in KYC norms as an when necessary to check any "transaction-level aberrations" in the functioning of banks. "System is good, there is no problem. There are... (at the) transactional level, some aberration will always take place and there is a need to look into those issues and as and when it is necessary,...
03:15 PM, Apr 23, 2013
Vasco: A second half strike by captain Luciano Sobrosa helped Salgaocar FC beat Prayag United 1-0 in the 23rd round of the I-League football championship here in Goa Thursday. Salgaocar, who had lion's share of exchanges and ball possession, scored the winner through Sobrosa in the 57th minute to take their tally to 27 points from 23 matches. Prayag United, who failed to create an impact upfront in the absence...
10:18 PM, Apr 04, 2013
Jon M. Chu's most-awaited film 'G.I. Joe Retaliation' is set to be released in India on March 27. ...
08:13 PM, Mar 25, 2013
Reserve Bank of India Deputy Governor KC Chakrabarty has given a clean chit to private banks named in the Cobrapost expose on money laundering. The Central bank said there was no systemic issue involved in the Cobrapost allegations. ...
08:30 PM, Mar 21, 2013
Private banks are in damage control mode after their employees were shown aiding money laundering in a sting operation by online magazine Cobrapost. While ICICI Bank has suspended 18 employees pending an investigation, HDFC Bank says it has ordered a probe by independent agencies on the expose. ...
03:49 PM, Mar 16, 2013
A day after Pakistan parliament passed a resolution on Afzal Guru's hanging, Parliament in India also passed a resolution in return condeming Pakistan's move saying Islamabad should not interfere in Delhi's internal matters. ...
09:42 PM, Mar 15, 2013
A sting operation conducted by online magazine Cobrapost across various branches of private banks has revealed how bank employees are accepting black money from customers to convert them into white money. Cobrapost Editor Aniruddha Bahal has insisted that leading private banks like HDFC Bank, ICICI Bank and Axis Bank are involved in this. He joined IBNLive readers for an interaction on the issue. ...
05:23 PM, Mar 15, 2013
A Cobrapost expose on Thursday revealed how employees at some private banks were brazenly carrying out money laundering operations. ...
11:27 PM, Mar 14, 2013
Every rule laid down by the Reserve Bank of India has a possible loophole - that's what the bankers exposed by the Cobrapost sting claimed. ...
10:09 PM, Mar 14, 2013
A sting operation conducted by Cobrapost across various branches of private financial institutions, including HDFC, ICICI and Axis banks showed how bank employees were helping customers convert black money into white. ...
08:36 PM, Mar 14, 2013
A sting operation by Cobrapost revealed how employees at some private banks were involved in money laundering operations. ...
07:01 PM, Mar 14, 2013
The Central Board of Direct Taxes (CBDT) on Thursday ordered a probe into the expose done by online magazine Cobrapost that revealed employees of private banks involved in money laundering operations. The sting operation conducted across various branches of private financial institutions like HDFC, ICICI and Axis banks revealed how their employees were accepting black money from customers to convert them into white money. Cobrapost claims that the nationwide operation...
06:50 PM, Mar 14, 2013
The Reserve Bank of India (RBI) suspects some banks are involved in KYC violations, sources said. The RBI has sent showcause notice to one bank and a probe is on in the NCR region. ...
03:06 PM, Mar 14, 2013
ICICI Bank has in a quick response to money laundering allegations in a Cobrapost sting operation said that the bank launched an investigation into the matter and that a committee will submit its report in two weeks on the issue. ...
11:00 AM, Mar 14, 2013
