CNBC-TV18’s Sajeet Manghat reports that the Standard Chartered and some of its clients have asked their trustee, Citicorp International, to initiate legal proeedings against the company in a UK court.
Posts tagged MC
StanChart to sue Castex in UK for FCCB conversion (11-09-2015)
Goldman warns oil may drop to $20 (11-09-2015)
The risk that oil could fall as low as $20 a barrel is rising, with a persistent surplus requiring prices to remain lower for longer to rebalance the market, Goldman Sachs said, cutting its forecasts again.
Mutual fund AUMs to cross Rs 20-trn mark by 2018: Report (11-09-2015)
Faster growth is backed by factors like sound macro-economic environment and favourable demographics, according to a joint report by EY and Cafemutual.
Mutual fund AUMs to cross Rs 20-trn mark by 2018: Report (11-09-2015)
Faster growth is backed by factors like sound macro-economic environment and favourable demographics, according to a joint report by EY and Cafemutual.
Gold reclaims Rs 26k mark on low buying; silver tumbles (11-09-2015)
In worldwide trade, the yellow-metal eased further on higher dollar as well as investors caution ahead of key US data later in the day against the backdrop of looming Fed interest rates hike decision next week.
Fed hike better for India as it may stall Fx inflows:Report (11-09-2015)
American brokerage, Bank of America-Merril Lynch on Friday said delayed Fed action will only harm India as a postponement will stall portfolio inflows and prolong volatility.
HPCL plans to raise $250 million in forex debt soon (11-09-2015)
The state-run oil marketer has a capital spending plan of Rs 5,300 crore for the current fiscal and of Rs 45,000 crore until 2020.
RBI could cut rate on falling inflation: Moody’s Analytics (11-09-2015)
It further said “the Reserve Bank of India paused its monetary easing cycle, but we expect there will be further cuts in 2015 as inflation continues to fall.”
Chinese mayhem: Sensex fifth largest loser with 7.5% plunge (11-09-2015)
The highest slump was seen in Chinese market (18.6 per cent) followed by Japan (11.6 per cent), Hong Kong (11.1 per cent) and Turkey (9.9 per cent), during the period between August 11 to September 9, says latest findings by Care Ratings.
Excl: RBI Guv to get casting vote in 7-member MPC (11-09-2015)
Sources say Finance Minister Arun Jaitley and Reserve Bank of India Governor Raghuram Rajan have agreed to a model of the proposed monetary policy committee (MPC).