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Bank of America to pay for illegal credit-card actions

Last Updated: Thursday, April 10, 2014, 10:18

Bank of America will pay USD 772 million over illegal credit-card practices that lured consumers into signing up for added products and services, US regulators said Wednesday.

PAN-less candidates with over Rs 5 crore to face I-T scrutiny

Last Updated: Thursday, April 03, 2014, 13:00

This is part of a joint charter prepared by the Central Board of Direct Taxes (CBDT) and the Election Commission (EC) for scrutinising the poll affidavits of candidates contesting 2014 Lok Sabha elections.

No legal basis required for using Aadhaar for DBT: Montek

Last Updated: Thursday, April 03, 2014, 00:07

Earlier this year, the government had suspended the ambitious scheme to pay LPG subsidy in cash to consumers directly.

Phone SIM card used in Mumbai attacks sent for forensic tests

Last Updated: Wednesday, April 02, 2014, 22:41

An international mobile phone SIM card that was used to direct the militants who carried out the Mumbai attacks, has been sent to Interpol in Saudi Arabia.

Federal Bank may foray into credit card business in 2015-16

Last Updated: Sunday, March 30, 2014, 12:35

Private lender Federal Bank may explore the possibility of entering into credit card business in 2015-16 as part of its diversification drive.

Wal-Mart sues Visa for $5 billion over card swipe fees

Last Updated: Friday, March 28, 2014, 05:07

Visa and other card networks charge retailers fees, called swipe fees or interchange fees, each time a shopper uses a debit or credit card to pay.

Axis bank launches 'Kisan Card'

Last Updated: Thursday, March 27, 2014, 19:08

Over a decade after the state-run banks launched Kisan Credit Cards, private sector lender Axis Bank on Thursday introduced its own card which is aimed at helping farmers access liquidity round-the-clock.

EPL: Arsenal win appeals over wrong red card

Last Updated: Tuesday, March 25, 2014, 02:06

Arsenal won their appeal on Monday over Kieran Gibbs being wrongfully dismissed in the 6-0 hammering at Chelsea, with real culprit Alex Oxlade-Chamberlain also let off a ban by the Football Association.

Withdraw instruction to make Aadhaar mandatory: SC to Centre

Last Updated: Monday, March 24, 2014, 12:55

The Supreme Court on Monday directed the central government to withdraw all its orders making Aadhar mandatory for people for availing any government services.

EA games web server hacked to steal Apple IDs, credit card details

Last Updated: Thursday, March 20, 2014, 21:37

A web server of the games firm Electronic Arts (EA), has been reportedly used by hackers to host a fake Apple login screen, aimed at stealing Apple ID usernames, passwords and credit card details, a security firm said.

PIO to pay $14-mn in fine in US green card investment fraud

Last Updated: Thursday, March 20, 2014, 13:59

An Indian-origin man and two companies he founded will pay nearly USD 14 million in penalties to US regulators to settle charges that he raised about USD 158 million by defrauding hundreds of foreign investors who were seeking American residency.

Credit card with keypad to eradicate fraud

Last Updated: Sunday, March 16, 2014, 20:44

A next generation credit card developer is reportedly planning to launch a high-tech version with a keypad to contain credit-card frauds.