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Total 87 results found. Search for [ chanda kochhar news ]

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BusinessToday.In
New Delhi, October 4, 2018
The country's second-largest private lender has been embroiled in controversies ever since investor and whistleblower Arvind Gupta alleged a 'quid pro quo' in ICICI Bank's Rs 3,250 crore plus Rs 660 crore loans to Venugopal Dhoot-owned Videocon Industries.


PTI
September 12, 2018
Kochhar, who has been away from office following an enquiry initiated under the retired Supreme Court judge BN Srikrishna late May but continues to hold onto her position as the managing director & chief executive, was absent from the AGM.


BusinessToday.In
New Delhi, September 11, 2018
Interpol issues red-corner notice against Nirav Modi's sister Purvi ModiAfter the Interpol issued a red-corner notice (RCN) against a close aide of diamantaire fugitive Nirav Modi, Mihir Bhansali, it has issued another notice against Purvi Modi, who is a Belgian national and the sister of Nirav Modi. The RCN has been issued on the request of the Enforcement Directorate to the Interpol, as the ED seeks to interrogate her on the alleged charges of 'money laundering'.After Bharat Ban...


BusinessToday.In
New Delhi, September 10, 2018
Govt to fine-tune e-commerce rules; panel formed to look into issueThe government has set up a group of secretaries to review a recently released draft ecommerce policy, which has drawn severe criticism from many stakeholders. The nascent but booming online retail space has largely been without regulations until a task force led by then commerce secretary Rita Teaotia put together the draft policy. The new group will be chaired by the secretary in the department of industrial poli...


PTI
September 9, 2018
Capital markets regulator SEBI may soon summon ICICI Bank's on-leave CEO Chanda Kochhar and her husband with regard to a probe into alleged regulatory lapses with regard to his business dealings.


BusinessToday.in
New Delhi, August 31, 2018
Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...


BusinessToday.In
New Delhi, August 23, 2018
Chanda Kochhar to be considered for director's post on ICICI Securities boardICICI Bank CEO and Managing Director Chanda Kochhar has suggested her name for a seat on the Board of Directors of ICICI Securities, the private lender's broking arm. The proposal will be up for consideration during the annual general meeting of ICICI Securities scheduled for August 30.Kochhar is facing scrutiny from several regulatory bodies as well as an internal probe initiated by the ICICI Bank over c...


BusinessToday.In
New Delhi, July 17, 2018
Changes in visa rules to have serious adverse consequences on US economy: Nasscom  Indian IT body Nasscom has said the recent work visa-related changes announced by the US will have \"potentially serious adverse consequences\" on the American economy as it will make it more difficult for companies to employ skilled foreign nationals to fill critical skills gaps in the US. One of the changes, which come into effect on September 11, allows US Citizenship and Immigration Service...


BusinessToday.In
June 19, 2018
Even as media reports continue speculation around the future of the top post at the bank, we look at how the stock has moved during all the major developments since Kochhar took charge in 2009.


BusinessToday.In
New Delhi, June 19, 2018
ICICI Bank CEO Chanda Kochhar to be on leave till probe is over, Sandeep Bakhshi named COOThe ICICI Bank's Board of Directors has said that Chanda Kochhar, MD and CEO of ICICI Bank, will be on leave till the ongoing independent enquiry against her is completed. In its meeting, the Board also appointed Sandeep Bakhshi as the Whole Time Director and Chief Operating Officer (COO) designate. He will report to the ICICI Bank CEO. In its regulatory filing, ICICI Bank has also establishe...


BusinessToday.In
New Delhi, June 18, 2018
In its regulatory filing, ICICI Bank has also established that Kochhar will continue to hold the position of chief executive in the organisation.


BusinessToday.in
New Delhi, June 12, 2018
CBI seeks Red Corner Notice against billionaire jeweller Nirav ModiThe CBI has asked the Interpol to issue a Red Corner Notice against absconding billionaire jeweller Nirav Modi in the over USD 2 billion banking scam involving Punjab National Bank. The agency has written to the Interpol to issue the notice which would mean that the member countries of the Lyon-based international police cooperation agency can arrest and extradite Nirav Modi who fled the country in January.Donald T...


BusinessToday.In
June 11, 2018
US markets regulator Securities and Exchange Commission is actively looking into the allegations of impropriety and reciprocal benefits that ICICI Bank and Chanda Kochhar are battling since the bank is also listed in the US.


PTI
June 10, 2018



BusinessToday.In
New Delhi, June 4, 2018
RBI panel to decide on policy rates in 3-day MPC meet starting todayRising inflation and high crude oil prices will weigh on the minds of the six Monetary Policy Committee (MPC) members at their three-day meeting beginning here today to decide the key policy rate. The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate (repo) by the Reserve Bank of India (RBI). Retail ...


BusinessToday.In
New Delhi, June 1, 2018
ICICI Bank slammed reports claiming that the bank's board has asked its chief executive Chanda Kochhar to go on an indefinite leave until the independent probe against her is complete.


BusinessToday.in
New Delhi, May 31, 2018
Air conditioners, refrigerators, washing machines to get 2-5% more expensive from JunePlanning to buy a new air-conditioner or a washing machine or major kitchen appliances? You'd best do it in a hurry because the appliances industry is predicting a price hike of 2-5% from June onwards. According to The Economic Times, the net increase will be in the range of Rs 400 to over Rs 1,500 for premium models, and will kick off as new products hit the market. And you can blame the increas...


BusinessToday.in
New Delhi, May 30, 2018
The ICICI Bank on Wednesday said that it would initiate an enquiry into the allegations of 'conflict of interest' levelled by a whistle-blower against Chanda Kochhar, Managing Director and Chief Executive Officer of ICICI Bank, in a loan case worth over Rs 3,800 crore to Videocon. BusinessToday.In Editor Rajeev Dubey discusses the decision taken by the ICICI Bank.


PTI
May 9, 2018



BusinessToday.In
New Delhi, May 7, 2018
Paytm, Flipkart effect! E-commerce market sees M&A deals worth $2.1 bn in 2017According to data from Grant Thornton, India's e-commerce industry inked as much as 2.1 billion dollars worth of merger and acquisition transactions in 2017. The e-commerce industry saw 21 deals worth 2,112 million dollars in 2017 with participation from players like Paytm and Flipkart. However, number of transactions and value was lower compared to 2016 which witnessed deals worth 2,224 million doll...


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