United Bank of India had declared Kingfisher Airlines, its promoter Vijay Mallya and three other directors as wilful defaulter citing alleged diversion of funds.
Retailers and distribution companies claim that the settlement amounted to Pfizer paying Ranbaxy to stay out of the Lipitor market
Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them.
The UN political chief warned Tuesday that chances of peacefully ending the Israeli-Palestinian conflict may be "irreparably damaged" unless steps are taken to prevent new Israeli settlement building and other "negative developments."
The settlement was announced Friday and includes 21 major institutional investors.
Ernst & Young has agreed to pay $99 million to former Lehman Brothers investors who have accused the auditor of helping Lehman misstate its financial records before the investment bank's collapse triggered a financial crisis in 2008.
HSBC will pay $1.25 billion in forfeiture and pay $655 million in civil penalties. The $1.25 billion figure is the largest forfeiture ever in a case involving a bank.
PRAGUE (Reuters) - Israel remains committed to a negotiated settlement with the Palestinians, Prime Minister Benjamin Netanyahu said on Wednesday, despite worries among the Jewish state's European allies over its plans to build more settlements.
Google Inc will pay $22.5 million to settle charges that it bypassed the privacy settings of customers using Apple Inc's Safari browser, the U.S. Federal Trade Commission...
A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than doing it alone and facing backlash like Barclays did.
Facebook recently stated that it would inform users that their names and photos can be used to promote ...
Google’s recent ambition to house a digital library may well remain unfulfilled.