Wockhardt recalls over 50 lakh bottles of various drugs in US

Last Updated: Monday, August 3, 2015, 22:59

Wockhardt is recalling over 50 lakh bottles of various drugs, used for treating ailments like high blood pressure and ulcer, in the US market due to deviations in current good manufacturing practice norms laid down by the American health regulator.

Citigroup shuts Banamex USA, pays $140 mn in fines

Last Updated: Thursday, July 23, 2015, 08:30

Citigroup said Wednesday it will shut the US branch of its Mexican subsidiary Banamex and pay $140 million in fines for inadequate programs to combat money laundering.

RIL closes shale gas assets sale deal

Last Updated: Friday, July 10, 2015, 17:27

Oil refiner-to-retail major Reliance Industries on Friday announced the closing of the recently announced sale of its shale gas assets in EFS Midstream to an affiliate of Enterprise Products Partners.

India among fastest growing FDI sources for USA

Last Updated: Monday, June 29, 2015, 21:10

India is one of the fastest growing FDI sources for the United States with investors from the country more interested in US' aerospace and textile sectors, among others, a top official at US embassy said on Monday.

Apple's main contractors leave Spaceship campus project: Report

Last Updated: Friday, June 12, 2015, 09:53

Apple Inc will no longer be working with lead construction firms DPR Construction Inc and Skanska USA on its new "Spaceship" campus, the Silicon Valley Business Journal reported on Tuesday.

Citigroup to close Banamex USA: Report

Last Updated: Monday, June 1, 2015, 09:32

Based in Century City, California, Banamex USA specializes in moving money across the US border into Mexico. The bank is undergoing probes related to its anti-money laundering controls, people familiar with the matter told the Journal.

'RBS to cut up to 14,000 jobs in investment banking unit'

Last Updated: Wednesday, March 4, 2015, 08:15

RBS said last week it will shrink its investment banking operations from 25 countries in Europe, Asia and the Middle East. RBS could not be reached for comment outside regular business hours.

Citigroup unit probed by more authorities over money laundering

Last Updated: Thursday, February 26, 2015, 09:29

Citigroup Inc said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit.

India 'priority country' at US investors' summit: Consul

Last Updated: Wednesday, February 11, 2015, 22:08

Camille Richardson, commercial consul at the US consulate in Mumbai, on Wednesday said India was priority country for the 'Select USA Investment Summit', to be held in Washington in March.

Snowden won`t return to US without amnesty, says legal adviser

Last Updated: Monday, January 27, 2014, 01:20

Edward Snowden would be willing to enter talks with US Attorney General Eric Holder to negotiate his return to United States but not without a guarantee of amnesty, his legal adviser said on Sunday.

Police identify gunman in Maryland mall shooting, motive unclear

Last Updated: Monday, January 27, 2014, 00:46

A gunman who opened fire in a shopping mall near Washington, killing two people before taking his own life, was a 19-year-old armed with a shotgun and crude homemade explosives, police said today.

China wants space collaboration with US

Last Updated: Saturday, January 11, 2014, 21:56

Buoyed by successful landing of a rover on Moon, China sought global cooperation for space exploration, especially with US which prohibits direct collaboration between NASA and Chinese space agencies.