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Saturday, November 2, 2024
TopicJP Morgan

Topic: JP Morgan

Hit by lockdown, global banks are assessing pros and cons of having back offices in India

London/Mumbai: India’s decision to impose the world’s biggest virus shutdown has exposed a weak spot for the largest securities firms, which grappled with a...

Why SC allowing ED to attach assets has tightened the noose on JPMorgan in Amrapali case

US-based investment bank JPMorgan is accused of helping real estate developer Amrapali in transferring homebuyers’ money to offshore accounts.

SC allows ED to attach assets worth Rs 187 Cr as proceeds of crime in JP Morgan case

JP Morgan was engaged in transactions with the now-defunct Amrapali Group to allegedly siphon off home buyers money in violation of the Foreign Exchange Management Act and FDI norms.

Supreme Court allows seizing JPMorgan’s assets in Amrapali investment case

Supreme Court had asked ED to probe JPMorgan’s role in allegedly helping property developer Amrapali Group divert Rs 140 crore from realty projects.

Foreign investors can help India tide over credit crisis, says JPMorgan’s Kalpana Morparia

JPMorgan India CEO Kalpana Morparia says tweaking bankruptcy rules can help overseas investors relieve India's troubled shadow banking sector.

Loose lips and FX tips: How chatrooms cost banks $1.2 billion

Instant message groups, where foreign-exchange spot traders login to chat and exchange information, has affected their employers adversely.

Indian companies break past records, log $98 billion in foreign investment deals

Overseas buyers from Walmart to France’s Schneider Electric SE have made multi-billion-dollar bets in India.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.