RBI prevents industrial firms from setting up banks

The Reserve Bank of India said large industrial companies will only be allowed to invest up to 10 percent in banks, and thus, will not be ...

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Goldman Sachs hires former EU chief Barroso

Goldman Sachs (GS.N) has hired former European Commission President Jose Manuel Barroso to be an advisor and non-executive chairman of its...

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Britain votes to leave EU in historic divorce

Britain has voted to leave the European Union, results from Thursday's landmark referendum showed, an outcome that sets the country...

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