Stripped Assets

A British couple's dream purchase of a historic Cornish mansion, Bochym Manor, turned into a nightmare when they discovered the previous owner, Dr Mark Payne, had stripped it of its most valuable assets.

Mumbai:  Criminals caught profiting from human trafficking should be stripped of their assets and these funds used to help victims, said a top anti-trafficking crusader, calling for more financial investigations into the multi-billion dollar global crime. Archana Kotecha, head of the legal department at anti-slavery charity Liberty Asia, said crim...

With Zenith Infotech promoters being charged of stripping company assets for personal gains, market regulator Securities and Exchange Board of India (Sebi) has allowed its board to furnish bank guarantees in the Indian currency for an amount equivalent to $33.93 million.

Oil rose, diverging from most other riskier assets, as Israel launched a major offensive against Palestinian militants in Gaza and also announced there was more to come. But gains were capped as the United States and Europe grappled with their financial woes, pushing Asian shares and base metals lower.

The minority partner of Telenor's Indian unit blocked a bid by the Norwegian mobile phone carrier to buy out assets and rebuild the joint venture which is being stripped of its operating licence.

A British couple's dream purchase of a historic Cornish mansion, Bochym Manor, turned into a nightmare when they discovered the previous owner, Dr Mark Payne, had stripped it of its most valuable assets.

Mumbai:  Criminals caught profiting from human trafficking should be stripped of their assets and these funds used to help victims, said a top anti-trafficking crusader, calling for more financial investigations into the multi-billion dollar global crime. Archana Kotecha, head of the legal department at anti-slavery charity Liberty Asia, said crim...

With Zenith Infotech promoters being charged of stripping company assets for personal gains, market regulator Securities and Exchange Board of India (Sebi) has allowed its board to furnish bank guarantees in the Indian currency for an amount equivalent to $33.93 million.

Oil rose, diverging from most other riskier assets, as Israel launched a major offensive against Palestinian militants in Gaza and also announced there was more to come. But gains were capped as the United States and Europe grappled with their financial woes, pushing Asian shares and base metals lower.

The minority partner of Telenor's Indian unit blocked a bid by the Norwegian mobile phone carrier to buy out assets and rebuild the joint venture which is being stripped of its operating licence.