A penalty of Rs 33.1 lakh has been imposed on IIFL Samasta Finance Limited for non-compliance with certain provisions of the ’Non-Banking Financial Company – Systemically Important Non-Deposit taking ... ( read original story ...)
Shanghai Industrial Urban Development Group Issues Profit Warning for 2024
The latest update is out from Shanghai Industrial Urban Development Group Ltd ( ($HK:0563) ). Shanghai Industrial Urban Development Group Ltd has ... ( read original story ...)
Ex-Brazil President Rousseff discharged from Shanghai hospital
Former Brazilian President Dilma Rousseff, now the head of the BRICS bloc's development bank, has been discharged from a hospital in Shanghai after nearly a week hospitalized, her press office said on ... ( read original story ...)
RBI imposes penalty on The Hongkong and Shanghai Banking Corporation
A penalty of Rs 33.1 lakh has also been imposed on IIFL Samasta Finance Limited for non-compliance with certain provisions of the 'Non-Banking Financial Company - Systemically Important Non-Deposit ... ( read original story ...)
RBI penalises HSBC, IIFL Samasta Finance over compliance lapses
The Reserve Bank of India has imposed a ₹66.6 lakh penalty on HSBC for non-compliance with KYC norms and other directions. IIFL Samasta Finance was also fined for regulatory lapses. ( read original story ...)
Shanghai unveils new measures to boost MNC headquarters
Under the new measures, companies elevating their China headquarters to Asia-Pacific regional headquarters with two or more functions will receive a one-time reward of 3 million yuan ($411,813). ( read original story ...)
Savoring the sweetness of a soft approach to business dispute
Werner Schuppisser is the founder and CEO of a company instrumental in transplanting a well-known Swiss brand of ice cream to Shanghai. A Swiss national, Schuppisser has been working and living in ... ( read original story ...)