TR EMERITUS

US$32.7 million in bribes: official’s cash stash broke 4 counting machines. It was reported that the authorities used 16 bill counting machines to calculate the amount of cash. (31 Oct) - Investigators in China have found more than 200 million yuan ($33 million) in cash at the home of an energy official accused of receiving... 

(31 Oct) - Standard Chartered Plc (STAN) fell for a fourth consecutive day in London after U.S. prosecutors reopened investigations to determine whether the bank, which entered into a deferred prosecution agreement in 2012, withheld evidence of Iran sanctions violations. The U.S. Justice Department, Manhattan District Attorney... 

Vistara Airlines (Oct 28, 2014)           Vistara, the Tata-Singapore Airlines joint venture, will miss its October deadline to hit the skies, as it is yet to get the mandatory Air Operators Permit (AOP). This is due to “some new developments” cropping up with respect to guidelines of regulator Directorate General...