The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.
Investors
Despite Vietnam Refinery Plan, Idemitsu to Expand Singapore Oil
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
Dea Oil Struggles For Buyers, Said RWE
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
LVS Asks Las Vegas Court to Cancel US$101.6 Million Verdict
Las Vegas Sands Corp asked trial judge in Nevada to cancel the US$101.6 million verdict award in favor of businessman Richard Suen.
Telus ends plan to buy Mobilicity after government intervenes
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
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Rio Tinto received numerous interested parties to purchase its stake after announcing to raise funds for debt payment.
Robert Ramnarine, former Bristol-Myers executive pleaded guilty to the insider trading charges filed against him.
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
The US Stocks were able to end up with little changes on Monday after the country's credit outlook was revised from negative to stable.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Five board members of the new airline formed from the merger US Airways Group, AMR Corp and American Airlines come from investment firms.
Deloitte, the tax and advisory firm, has bought McColl Partners. (Photo : Reuters)The image is the logo of the top accounting firms in the US, Deloitte.
Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
