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About 52 results for "foreign assets control"

Russia Today to register as 'foreign agent' in US

Russian state-controlled broadcaster Russia Today (RT) has said it will register as a foreign agent in the United States but will also go to court to challenge the demand by the US Department of Justice. The Kremlin-backed channel said on Thursday that the ... Deccan Herald, 2 months ago

Analysis: Few banks seen queuing for China's red carpet invite

By Sumeet Chatterjee HONG KONG (Reuters) - China stunned the finance world last week when it unveiled plans to allow foreign control of its financial institutions. Few bankers thought their long-held dream of better access to the world's largest banking ...
 Sify2 months ago China widens foreign access to its giant financial sector  Sify2 months ago China lifts foreign ownership limits on financial firms  Sify2 months ago

Russia's biggest banks show rise in higher-risk-weighted assets

By Oksana Kobzeva and Tatiana Voronova MOSCOW (Reuters) - Russia's two biggest banks, Sberbank and VTB, experienced a sharp rise in higher-risk-weighted exposures during the three months to the end of September, data from their third-quarter accounts shows.
 Sify1 month ago
Mathrubhumi

Panama: ED seizes assets linked to former IPL chairman

The Enforcement Directorate (ED) today said it has seized mutual funds valued at Rs 10.35 crore under the FEMA law of a company "controlled" by businessman and former IPL Chairman Chirayu Amin in the Panama Papers case. The central probe agency said it seized ...
 Deccan Herald1 month ago
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Time to create mother of all mutual funds

'The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government,' says N Sundaresha Subramanian. Illustration: Dominic Xavier/Rediff.com Mutual funds never had it better. Assets under management has crossed Rs 20 lakh crore. Inflow numbers have begun to look like what used to be the size of the entire industry.   Taking advantage, one of the large private fund houses has hit the bourses and had a decent listing. Systematic Investment Plan (SIP) ...
 Rediff.com1 month ago
Business Standard

RBI order may bump up ARCs' valuations

The Reserve Bank of India's dispensation to allow asset reconstruction companies (ARCs) to hold more than 26 per cent stake in distressed assets might bump up the valuations of the ARCs for foreign investors.The rule puts ARCs in a commanding position in ...
 Business Standard1 month ago
Rediff.com

How Piramal Group plans to spread its wings

Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors. The cash-rich Piramal Group is in the race to buy controlling stakes in Binani Cement and Electrosteel Steels after their lenders asked India’s top conglomerates to bid for distressed assets that have been referred to the National Company Law Tribunal (NCLT) following default on bank loans.   The distressed asset fund of the ...
 Rediff.com2 months ago
Rediff.com

Modi wants to create a new normal

'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.Illustration: Uttam Ghosh/Rediff.com Any debate on real issues facing the economy is always welcome. So we welcome Yashwant Sinha's concerns on the state of the economy. Prime Minister Narendra D Modi has acknowledged that the first quarter GDP figures are a cause of concern. The economy has problems such as ...
 Rediff.com2 months ago
catchnews.com

Sensex crosses 35,000 points. How many new highs will we see?

How do you define a bubble in an asset class - when the price appreciation in an asset class is ahead of all expectations and analysts' explanations. Something similar is happening in the Indian stock markets. Everyday analysts and brokerage firms come up ...
 catchnews.com1 day ago
catchnews.com

Is China's military eyeing bases in Pakistan?

[China], Jan. 09 (ANI): Recently reports have surfaced that China is building a second overseas naval base, one in Pakistan. However, it is important to distinguish fact from knee-jerk speculation, especially when so far there is a paucity of hard evidence to ...
 Sify1 week ago
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