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Madoff’s investment fraud: HSBC books $1.1 billion provision; shares dip

HSBC Bank books $1.1 billion provision HSBC Bank on Monday disclosed a financial charge of $1.1 billion related to a claim by a European fund tied to the late Bernard Madoff’s investment fraud.The provision will be reflected in the lender’s third-quarter results due Tuesday, the London-headquartered bank said. Following the announcement, HSBC’s shares slipped about…

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IND vs AUS: Only behind great Sachin Tendulkar! Virat Kohli rewrites record books at SCG | Cricket News

India’s Virat Kohli plays a shot (PTI Photo/Izhar Khan) Team India batter Virat Kohli added another golden page to his illustrious one-day record books on Saturday, becoming the second-highest run-getter in ODI history and moving past Sri Lankan legend Kumar Sangakkara’s tally of 14,234 runs. The Indian batting great now stands at 14,235 runs in…

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Karur stampede: TN Police books TVK’s Adhav Arjuna; had called for a ‘Gen Z’ uprising against Stalin govt | India News

NEW DELHI: A case has been registered against senior TVK leader Adhav Arjuna at the North Zone Cyber Crime Police Station in Tamil Nadu after he stirred controversy by urging the nation’s youth to launch a revolution in a social media post that was later deleted.Police registered the case under Section 47/2025 u/s 192, 196(1)(b),…

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Asia Cup: History made! India enter record books with chase against Pakistan | Cricket News

Hardik Pandya and Tilak Varma of India (Photo by Francois Nel/Getty Images) India achieved their highest successful chase in Asia Cup T20 history with a thrilling six-wicket win over Pakistan in the Super Four clash in Dubai on Sunday. Chasing 172, India made a tricky target look comfortable, thanks to a masterclass from Abhishek Sharma…

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FIDE Grand Swiss: R Vaishali wins for second straight year, books place in Candidates tournament | Chess News

India’s GM Vaishali Rameshbabu poses with her trophy after winning the FIDE Women’s Grand Swiss 2025 in Samarkand, Uzbekistan. (FIDE/PTI) R Vaishali finished 10th and last in the Chennai Challengers tournament just a couple of weeks before the FIDE Women’s Grand Swiss. The GM lost about 24 rating points too. But the experience of playing…

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