CHENNAI (TIP): With the Reserve Bank of India (RBI) recently banning the use of remittance funds in any form towards overseas foreign exchange trading, banks have swung into action. The ban also includes trading over […]
NEW DELHI (TIP): With mounting criticism over the proposal to introduce a tax on bank deposits and abolish all other levies, yoga guru Baba Ramdev, who is one of the key proponents of the new […]
NEW DELHI (TIP): IT services rivals HCL Technologies and CSC have formed a strategic alliance to tap the market created by the customers’ move to modernise or digitise their applications and shift them to the […]
NEW YORK (TIP): Bank of Baroda Chief Executive for US Operations, Mr. Dhimant Trivedi has been posted to London office as Chief of European Operations and leaves on November 30. He has been succeeded by […]
MUMBAI (TIP): Bharatiya Mahila Bank, India’s first women’s bank, was inaugurated by Prime Minister Manmohan Singh today. The bank’s chairperson Usha Ananthasubramanian said the institution would lend exclusively to women. “Our target customers are individual […]
NEW YORK (TIP): Prominent hedge fund adviser Ezra Zask pleaded guilty to possession of child pornography in a New York court on Novmber 19, avoiding jail time for the charges. The founder of hedge fund […]
WASHINGTON (TIP): The United States has been the world’s largest recipient of foreign direct investment (FDI) since 2006. Every day, foreign companies establish new operations in the United States or provide additional capital to established […]
WASHINGTON (TIP): US Secretary of State John Kerry urged lawmakers to “calm down” on Wednesday over proposed new sanctions on Iran, warning they could scuttle diplomatic efforts to rein in Tehran’s nuclear drive. “The risk […]
NEW DELHI (TIP): Indian billionaires, the sixth largest group in the rich world, have thrown up an interesting trend found nowhere else in the world — holding on to one’s roots. Despite popular notions of […]
NEWYORK (TIP): In an impressive ceremony at the Haryana Pradesh Congress Committee office in Chandigarh, the Chief Minister of Haryana Ch. Bhupinder Singh Hooda inaugurated the Haryana Chapter of Indian National Overseas Congress (I) The […]
MUMBAI (TIP): The BSE benchmark Sensex on November 1 hit a life-time high of 21,293.88 by gaining over 129 points in opening trade on sustained foreign fund inflows in banking, auto, metal and realty sectors. […]
NEW DELHI (TIP): If the first quarter of 2013-14 had set the pace, the second quarter results from July to September brought back confidence for Indian IT majors as the big four — Tata Consultancy […]
NEW YORK, NY (TIP): Weeks after Bank of India Chief Executive of US operations B.B. Joshi who was transferred as Executive Director of Bank of Baroda in Mumbai, the new incumbent has finally taken over. […]
Bank of Baroda Chairman and Managing Director, Mr. S.S. Mundra visited New York from September 16th to 18th. It was his first visit to New York after he took over as Chairman and Managing Director […]
HYDERABAD (TIP): Schneider Electric has commissioned a services bureau in Bangalore as a nerve centre and a support facility for data centres in India and the Asia-Pacific region. The French major, which provides energy management […]
NEW YORK, NY (TIP): The Law Offices of Anand Ahuja in association with the Private Client Reserve of US Bank organized a seminar on ‘US Tax Laws and Foreign Bank Accounts Reporting and Assets Protection’ […]
NEW YORK, NY (TIP): Bank of Baroda Chairman and Managing Director, Mr. S.S. Mundra will be visiting New York from September 16th to 18th. It is the first visit of Mr. Mundra to New York […]
WASHINGTON (TIP): Three months after the U.S.-India Homeland Security Dialogue in Washington, India is all set to send its officers to various agencies across American federal organizations to sharpen their skills and acquire new ones […]
On behalf of HAB BANK, I would like to extend our Independence Day greetings to Indian American community in the tri-state area. As we celebrate India Day this year, we can take pride in our […]
The transition of India from a British colony to a sovereign, secular, and democratic nation was indeed historical. It was a long journey of around two decades that started with the conceptualisation of the dream […]
MUMBAI (TIP): The rupee dropped to a historic low of 62.00 per dollar in late morning trade on August 16 on good demand for the US currency from banks and importers in view of sharp […]
KOLKATA (TIP): The lower interest rate cycle in India, which began in April last year, has probably lasted as long as the recent Australian first innings at Lords. As the rupee crumbles and a desperate […]
CHICAGO (TIP): Amrish Mahajan, former president of failed Mutual Bank of Harvey and a major fundraiser for imprisoned former Gov. Rod Blagojevich, has been barred from future participation in the banking industry under a newly […]
MUMBAI (TIP): Mukesh Hariawala, an Indian American Cardiac Surgeon has been honored with the prestigious Indian Healthcare Visionary of the Decade award. A Harvard trained and internationally acclaimed Surgeon and Healthcare Economist, Hariawala was acknowledged […]
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