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Total 149 results found. Search for [ icici md chanda kochhar ]

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BusinessToday.In
New Delhi, July 25, 2018
Confirming that these minority shareholders have rejected Bharti Group's discriminatory resolution plan, Arvind Gupta says they consider their shares in BTL as a \"crown jewel\" and are not willing to divest them at \"oppressive consideration\" price of Rs 163.25.


PTI
New Delhi, June 29, 2018
Puri termed the ongoing troubles in the system as a period of transition, and that there is nothing to worry at the systemic level as most of the lenders are either well-capitalised or have the assurance of government support.


BusinessToday.In
New Delhi, June 22, 2018
The findings in the interim report had no material impact on the financial statements for FY2018 and the interim report has been submitted to the regulator, ICICI Bank said in a stock exchange filing.


BusinessToday.In
New Delhi, June 21, 2018
The Income Tax department is probing the acquisition of the Kochhars' flat at 45, CCI Chambers CHS Limited, following which it informed the Central Board of Direct Taxes (CBDT) about its findings.


BusinessToday.In
New Delhi, June 19, 2018
Bakhshi will hold the post of ICICI Bank COO for a period of five years. He will be responsible for all the business and corporate centre functions of the bank during his tenure as COO.


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 established that Kochhar will continue to hold the position of chief executive in the organisation. Bakhshi's tenure will be for a period of five years and his appointment is subject to regulatory approval. He will assume office on June 19, 2018, or on the date of regulatory and other approvals, whichever is later.Arun Jaitley predicts a brighter future, more jobs in detailed Facebook postHe may be on sick leave and unable to attend office but that has not stopped Union Minister Arun Jaitley from actively batting for the government on the social media. He took his latest pot-shot at the opposition earlier today, tweeting that \"The economy & the markets reward structural reforms, fiscal prudence, and macro-economic stability. They punish fiscal indiscipline and irresponsibility. The transformation from UPA's 'policy paralysis' to the NDA's 'fastest growing economy', conclusively demonstrates this.\" Jaitley's post focuses on booming sectors instead. \"An analysis of the data released clearly shows that the construction sector is expanding by double digits. It is a job creating sector. Investment is increasing. Domestic investment is also increasing. The FDI is at an unprecedented level,\" he said, adding that the manufacturing sector is also expanding. That apart, the government had increased expenditure on infrastructure creation and rural projects.Vijay Mallya first person to be booked under new Anti-Financial Fraud LawThe Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Breweries Holdings Ltd) and Vijay Mallya under the new law. The Fugitive Economic Offenders Ordinance, 2018 aims to deter economic offenders from evading the law by remaining outside the jurisdiction of Indian courts.Central Water Commission to use Google technology to forecast floods  The Central Water Commission (CWC) has entered into an agreement with Google to improve flood forecast systems and disseminate flood-related information by using technology developed by the tech giant. \"The initiative is likely to help crisis management agencies to deal with extreme hydrological events in a better manner. Under this agreement, the CWC and Google will share technical expertise in various fields, including geospatial mapping and analysis of hydrological observation data,\" the Water Resources Ministry said.The CWC, which is an apex technical organisation in the field of water resources, will use Google technology to improve flood prediction systems and will also use tech giant's earth engine to visualise and improve flood management.Tata Nano to get another lease of life with new electric motor; Ola among first buyersThe Tata Nano is all set to come in a new avatar, the all-new Jayem Neo EV. Not only that, the new Nano will also be incorporated in the cab service company Ola, where 400 units of the new car will initially be supplied. Jayem Automotive, an engineering company has supplied parts to Tata Motors for a very long time. Tata Motors announced a joint venture with Jayem Automotives Pvt. Ltd. to develop special performance vehicles. Jayem Automotives will now source the body shell and cycle parts from Tata Motors and assemble the Neo Electric in Coimbatore.Ayushman Bharat: Only half the states ready to launch scheme on August 15On August 15, when Prime Minister Narendra Modi will launch the Ayushman Bharat National Health Protection Mission (AB-NHPM), almost half of the states would not be part of it. Only 12-15 states will launch the scheme that day as the others are not prepared to roll it out on time. States like UP, Bihar, Assam and West Bengal may take up another 6 months or longer to launch Ayushman Bharat. Announced in the 2018 Budget, the AB-NHPM was touted as the 'world's largest government funded health care programme'


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
June 18, 2018
At 12:12 pm, the stock was trading 3.67% or 10 points higher at 292 level on BSE. The stock which opened at 284.95 hit an intra day high of 293 level and low of 283.50 level.  The stock is the top Sensex gainer today. Its market capitalisation rose to Rs 1,88,157 crore.


BusinessToday.In
June 18, 2018
ICICI Bank recently roped in former Supreme Court Judge B N Srikrishna to probe the allegations of quid pro quo and conflict of interest levelled against Chanda Kochhar by whistleblower Arvind Gupta.


Virendrasingh Ghunawat
June 16, 2018
Earlier, ICICI Bank had said that it would initiate an enquiry into the allegations of quid pro quo and conflict of interest levelled against Chanda Kochhar by whistleblower Arvind Gupta.


BusinessToday.In
June 15, 2018
On May 30, the ICICI Bank had said that it would initiate an enquiry into the allegations of 'conflict of interest' against its CEO.


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 Trump, Kim Jong Un shake hands to launch historic US-North Korea summitNorth Korean leader Kim Jong Un and US President Donald Trump shook hands, smiling cautiously at the outset of their historic summit in Singapore on Tuesday, in which they will look for ways to end a nuclear standoff on the Korean peninsula. \"Nice to meet you Mister President,\" Kim said moments later as he sat alongside Trump, against a backcloth of North Korean and US flags, beaming more broadly as the US President gave him a thumbs up. Should they succeed in making a diplomatic breakthrough, it could bring lasting change to the security landscape of Northeast Asia, in a similar way to how the fall of the Berlin Wall in 1989 changed Europe.Hyundai celebrates production of 80 lakh cars in India - no 8 million is new CretaCountry's second largest car manufacturer, Hyundai India has announced that their cumulative production in the country has crossed the 80 lakh mark. Yes, the South Korean company has successfully manufactured their 8 millionth car from their plant in Chennai. Car number 8 million is the all new Creta, which was launched just a few days back. Hyundai started their journey in India back in 1996. The sold their 1 millionth car in 2006.How to evade the modern day e-way bill? Turn back to historic ways of goods transportThe e-way bill roll out on April 1 was credited with the improvement in GST compliance during the month. The GST collection for the month of April collected in May amounted to Rs 94,016 crore, compared to the average Rs 89,885 crore recorded in 2017-18. The e-way bill system under the GST regime was rolled out with promises to help traders and economy - no more waiting transporters at toll booths, no more harassment by corrupt octroi officials, and the taxes on goods movement get paid. To avoid paying GST on movement of goods, traders are now shipping their merchandise using animal-drawn carts and manual carts as e-way bill is not charged on goods transport via non-motorised vehicles, a report by Financial Express said.ICICI Bank CEO Chanda Kochhar may face Rs 25 crore penalty if found guilty: ReportWeeks after the Sebi served a notice to Chanda Kochhar, it has been reported that the ICICI Bank CEO and MD could face a maximum Rs 25 crore penalty if charges are found to be true. The market regulator last month sent a notice to the ICICI Bank and its CEO Chanda Kochhar, seeking their response on matters relating to alleged non-compliance with certain provisions of the erstwhile Listing Agreement and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mint today reported that under the current notice, the Sebi has no power to ask ICICI Bank top executive to step down but it can impose financial penalty.Northern Railways to facilitate cleanliness in trains through WhatsApp groupsThe Railways is more often criticised for the lack of cleanliness and poor delivery of services. However, this will change soon as the Northern wing of the Indian Railways is all set to use WhatsApp for monitoring cleanliness in trains. With the help of technology, the Railways aims to bring about greater transparency and accountability in its functioning. Besides, the Railways has also set up a new plant at the Hazrat Nizamuddin railway station in Delhi, which would assist in cleaning coaches within minutes.


BusinessToday.In
June 11, 2018
The market regulator last month sent a notice to the ICICI Bank and its CEO Chanda Kochhar, seeking their response on matters relating to alleged non-compliance with certain provisions of the erstwhile Listing Agreement and the Securities and Exchange Board of India.


PTI
June 8, 2018



BusinessToday.In
New Delhi, June 8, 2018
Last month, the Securities and Exchange Board of India (Sebi) had sent a notice to ICICI Bank MD and CEO Chanda Kochhar, seeking her response on the alleged non-compliance with norms in dealings with the Videocon Group and Nupower Renewables, a company co-founded by her husband Deepak Kochhar


PTI
June 7, 2018



PTI
June 7, 2018



PTI
June 4, 2018



BusinessToday.In
June 4, 2018
The decision to begin the hunt for new chairman was reportedly taken after MK Sharma expressed his unwillingness to continue. His term expires this month.


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