A Lesson in Poor Corporate Governance Huffington Post Back in the old days, getting board seat on Fortune 500 Corporation conferred stature. Pecuniary considerations were derivative to the prestige and gravitas. There was probably not one line of demarcation, no single landscape-altering volcano, but gr...
RBI's New Mechanism for Banks to Check Loan Frauds NDTV The concept of a Red Flagged Account (RFA) is being introduced in the current framework as an important step in fraud risk control, RBI said in guidelines for banks to deal with loan frauds. ...
After L.A. lawsuit, Wells Fargo customers express anger over bank's practices The Los Angeles Times The city of Los Angeles' lawsuit against Wells Fargo & Co. unleashed an outpouring of anger from customers and current and former employees who said the nation's third-largest bank saddled clients with unwanted accounts, unwarranted fees and unto...
No recall for Kevin Pietersen despite triple century - reports Deccan Chronicle London: Kevin Pietersen will not be recalled by England despite scoring an unbeaten 326 for Surrey, British media reported on Monday. | The controversial right-hander made the first triple century of his career to offer a timely reminder of his talents to new England cricket director Andrew Strauss. | But after meeting with Strauss in the evening P...
S.Africa's Transnet shuts coal export line for maintenance Reuters JOHANNESBURG May 12 South Africa's Transnet said it will shut down its coal export line over a 10-day period for annual maintenance but this would not affect tonnages delivered as the halt was factored into its schedule. | The state-owned logistics firm said in a statement seen by Reuters on Tuesday that the shut-down is meant to help it catch up o...
