Logitech sets aside $3.25 mn to cover possible SEC penalty

Last Updated: Saturday, June 6, 2015, 21:13

The maker of computer accessories also said it would see an increase of $0.5 million in inventory and accrual for a balance sheet reclassification and a change of $0.3 million in deferred tax assets tied to these changes.

China's Weibo to invest $142 mn in taxi-hailing apps: SEC filing

Last Updated: Wednesday, May 27, 2015, 17:41

Chinese microblog Weibo Corp will invest $142 million in China`s dominant taxi-hailing firms Didi Taxi and Kuaidi Taxi, a U.S. Securities and Exchange Commission filing showed.

10-year benchmark govt security rises on rate cut hope

Last Updated: Monday, May 18, 2015, 21:03

The benchmark 8.40 percent-2024 bond closed at Rs 103.2175 or at a yield of 7.8981 percent today as against Friday's close of Rs 102.90 or 7.9465 percent.

Indian entrepreneur charged with fraud in US

Last Updated: Thursday, May 14, 2015, 12:58

The complaint alleges that Ahmed transferred approximately USD 27.5 million in illegal profits to accounts under his control at the expense of investors.

Sebi seeks help from SEC in Factorial probe

Last Updated: Friday, May 8, 2015, 21:48

In its probe against foreign hedge fund Factorial in an insider trading case, regulator Sebi has sought help from its US counterpart SEC as trading terminal provider Bloomberg has refused to share information.

BlackRock to close or combine some money-market funds: Report

Last Updated: Tuesday, April 7, 2015, 08:41

BlackRock Inc , the world`s largest money manager, will close or consolidate some money-market funds as the company responds to recent regulatory reforms, the Wall Street Journal reported.

Indian entrepreneurs charged with insider trading in US

Last Updated: Friday, April 3, 2015, 18:17

Two Indian-origin entrepreneurs have been charged by US authorities with insider trading for making over a million dollars in illegal profits through the proposed acquisition of Cooper Tire and Rubber by India's Apollo Tyres.

Morgan Stanley to pay $2.6 bn to settle mortgage disputes

Last Updated: Thursday, February 26, 2015, 18:38

US financial firm Morgan Stanley has announced that it has entered into an agreement with the authorities to pay $2.6 billion to close legal claims related to mortgage securities that collapsed during the last financial crisis.

Attorney Generals of Texas, California probe DRL's drug pricing mechanism

Last Updated: Wednesday, February 25, 2015, 10:50

Attorney Generals of Texas and California have separately sought information on pricing of some drugs sold by Dr Reddy's Laboratories in the US, according to the latest filing for the drug maker with SEC.

ICICI Sec PD, RCAMC, HSBC emerge top bidders for EPFO funds

Last Updated: Friday, February 13, 2015, 19:27

Asset management firms ICICI Securities Primary Dealership, Reliance Capital AMC and HSBC AMC have emerged as top bidders for managing the huge corpus of retirement fund body EPFO.

RBI permits banks to re-issue G-Sec under repo window

Last Updated: Thursday, February 5, 2015, 20:33

The Reserve Bank on Thursday permitted banks and other market participants to re-issue government securities with the objective of developing the term repo or money market.

Indian-American attorney, wife charged with insider trading

Last Updated: Tuesday, December 23, 2014, 09:55

California-based Shivbir Grewal and Preetinder Grewal agreed to pay USD 90,000 to settle the federal regulator US Securities and Exchange Commission's charges.