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India

Byron Kaye

Shareholders of Australia's Crown Resorts vote down executive pay amid inquiry

7:53am IST

SYDNEY/BENGALURU Shareholders of Crown Resorts Ltd voted against executive pay at the company's annual general meeting on Thursday, a step toward removing the board, as the Australian casino giant apologised for corporate governance failings.

Australia financial crime watchdog investigates casino giant Crown, shares tumble

19 Oct 2020

SYDNEY Australia's financial crime agency began investigating casino giant Crown Resorts Ltd on suspicion of failure to comply with anti money-laundering protocols, putting a planned resort opening under pressure and sending its shares tumbling. | Video

Australia police drop journalist probe over Afghan troops story

15 Oct 2020

SYDNEY Australian authorities on Thursday dropped an investigation into a journalist accused of receiving classified information to produce a report on alleged troop misconduct in Afghanistan, the second media probe dismissed amid concerns over press freedom.

Director of Australia's Crown cites 'pressure' over faulty advert as AGM looms

15 Oct 2020

SYDNEY A director of Australia's Crown Resorts Ltd told an inquiry she felt pressured by its then-chairman to sign a now-discredited newspaper advert attacking negative media coverage, just as shareholders on Thursday called for her to be voted out.

Director of Australia's Crown says she felt pressured to sign discredited advert

15 Oct 2020

SYDNEY, Oct 15 A director of Australian casino giant Crown Resorts Ltd felt pressured last year by its then-chairman to sign a now-discredited full-page newspaper advertisement attacking negative media coverage, she told a regulatory inquiry on Thursday.

Australia's Crown Resorts hit by a second regulator over misconduct claims

09 Oct 2020

SYDNEY An Australian regulator said on Friday it has begun disciplinary proceedings against casino giant Crown Resorts Ltd after media reports accused it of failing to vet foreign gamblers, a second watchdog to take action over the claims.

Australia's Crown Resorts hit by a second regulator over misconduct claims

09 Oct 2020

SYDNEY, Oct 9 An Australian regulator said on Friday it has begun disciplinary proceedings against casino giant Crown Resorts Ltd after media reports accused it of failing to vet foreign gamblers, a second watchdog to take action over the claims.

Australia casino boss Packer flags Crown selldown after "painful" claims

08 Oct 2020

SYDNEY Australian casino magnate James Packer said on Thursday he may have to cut his stake in his company for it to keep its licence and declared he would never rejoin its board after the "terribly shocking experience" of being accused of dealing with criminals.

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