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Jagan Reddy PMLA case: Enforcement Directorate attaches Rs 148 cr assets

"Enforcement Directorate attaches land worth Rs 148.89 crore in Andhra Pradesh under PMLA of companies of Nimmagadda Prasad in YS Jagan Mohan Reddy case." 

Forex reserves move up $2 billion to $369.95 billion

Forex reserves move up $2 billion to $369.95 billion

The forex kitty had increased by $ 1.15 billion to $ 367.93 billion in the previous reporting week.

Vijay Mallya's assets worth Rs 6,630 crore attached by ED

Vijay Mallya's assets worth Rs 6,630 crore attached by ED

The Enforcement Directorate (ED) on Saturday issued its second attachment order for assets worth Rs 6,630 crore against beleaguered businessman Vijay Mallya.

RBI retains 'too big to fail' tag for SBI, ICICI Bank

RBI retains 'too big to fail' tag for SBI, ICICI Bank

RBI on Thursday retained 'too big to fail' tag for the state-owned SBI and private lender ICICI Bank for the second year in a row, calling them systemically important banks for 2016 requiring higher level of supervision.

NGOs to be considered public servants, have to disclose assets and liabilities: Report

NGOs to be considered public servants, have to disclose assets and liabilities: Report

In a measure which could have far-reaching consequences, the Union  Home Ministry has decided that all non-profit organisations that receive more than Rs one crore as government funds and over 10 lakhs as donations from abroad, will have to declare their assets.

Why even after buying Dawood Ibrahim's properties you may not get possession

Why even after buying Dawood Ibrahim's properties you may not get possession

In 2001, a Delhi-based lawyer Ajay Shrivastava had in auction won an industrial unit in Tardeo owned by underworld don Dawood Ibrahim but has not yet got its possession. 

Hindu Mahasabha leader buys Dawood Ibrahim's car for Rs 3.2 lakh; vows to burn it

Hindu Mahasabha leader buys Dawood Ibrahim's car for Rs 3.2 lakh; vows to burn it

President of Hindu Mahasabha Swami Chakrapani on Wednesday bought the underworld don Dawood Ibrahim's car. Swami Chakrapani had said that he will bid for the car to buy it so that he can set it on fire.

Dawood Ibrahim's assets auction: From car to restaurant, these properties to go under hammer

Dawood Ibrahim's assets auction: From car to restaurant, these properties to go under hammer

Some of the properties of underworld don Dawood Ibrahim are set for auctioning at Hotel Diplomat in South Mumbai on Wednesday.

Assets, including flats in the Swiss Alps, seized in FIFA probe

Assets, including flats in the Swiss Alps, seized in FIFA probe

Apartments in the Alps are among assets seized in a probe into alleged corruption at FIFA, Switzerland's attorney general said today, warning that the inquiry had not yet reached "half-time".

SBI sells only 130 properties in e-auction of 300 assets

Country's largest bank SBI could sell about 130 properties only through its much publicised e-auction of 300 assets, realising just about Rs 100 crore.

Institutional investors' MF asset up 21% to Rs6 lakh cr in Dec

Institutional investors' mutual fund asset base increased by 21 per cent to over Rs 6 lakh crore in the first nine months of the current fiscal.

ONGC Videsh eyes stake in Tullow Oil''s Africa assets; Source

ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company Tullow Oil Plc, a source with direct knowledge of matter said.

Assets of India's financial institutions touch $2.8 trillion

The total value of assets held by India's financial institutions touched nearly USD 2.8 trillion, the third largest among BRICS nations, in 2013, says a report.

Foreign owned assets in India rises to $839 bn in April-Jun

The ratio of India's international financial assets to international financial liabilities stood at 58.7 per cent in June 2014 (59.1 per cent in March 2014).

New RBI norms to help orderly development of ARCs

The recent Reserve Bank guidelines on asset reconstruction companies (ARCs) will result in greater alignment of interest between these companies and other investors, which in turn will lead to an orderly development of the sector, says a report.

Stock Guru scam: Court for attachment of over Rs 100 cr assets

A special court here has ordered attachment of over Rs 100 crore assets and properties of the alleged perpetrators and accomplices in the multi-crore Stock Guru scam on charges of money laundering.

RCAM profit rises 22% in 2013-14

The company`s income from its operations rose by five percent to Rs 775 crore in fiscal 2013-14 as compared to Rs 735 crore a year ago.

Asset quality of banks deteriorating at frightening pace: Study

The asset quality in banks has deteriorated at a "frightening pace" during 2013-14 fiscal with public sector banks bearing the maximum brunt of bad loans, a RBI panel report has said.