The penalty was imposed in an order in August by Sushil Kumar, Special Director, ED who said, “senior officials at Standard Chartered saw an investment in TMB shares as an opportunity that might ripen into an eventually larger ownership for the bank … also acted as a custodian for shares on the deal.” … [Read more...] about Standard Chartered fined Rs 100 crore for violating forex rules during Tamilnad Mercantile Bank takeover bid
How hostile takeover
Beyond the discipline of politics and foreign policy, the story of knowing China well and comprehensive knowledge of the Chinese psyche has been a matter of socio-anthropological interests as well. Those who have been doing so for the past few decades have produced an array of vectors, reasoning out how Chinese thought processes have been unusual, or distorted. Besides these, one also needs to check how the Chinese got the world wrong and how the idea that the Communist Party never makes mistakes, actually delivers blows to Chinese dreams. … [Read more...] about China’s India problem | A curious mix of ambition and paranoia
In a letter to the Bihar chief minister, he accused Kumar of not fulfilling earlier promises made to SCs and STs, including giving them three dismil of land. The LJP president said that "if the Nitish Kumar government was sincere", it should give jobs to a family member of all those from the communities who were killed during its 15-year rule. … [Read more...] about Why are NDA allies JD(U)-LJP engaged in tussle ahead of Bihar polls?
In recent times, Sir David has become one of the most vocal and effective advocates of environmental protection, raising his voice against the wanton destruction of the natural world in the name of progress and the seemingly insatiable needs of the human race, Singh noted. … [Read more...] about UPA govt was criticised for being too restrictive’ in giving green nods: Manmohan
All ten banks on the list of lenders charging lowest interest rates on car loans happen to be PSBs (public sector banks). Punjab and Sind Bank tops this list with interest rate of 7.1 per cent. Bank of Maharashtra and UCO Bank bring up the rear of this top ten list with interest rate of 7.7 per cent. … [Read more...] about Here are the banks that offer the cheapest car loans