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Total 30 results found. Search for [ nupower renewables ceo deepak kochhar ]

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June 26, 2018
The Sebi had initiated a preliminary enquiry into various disclosures made by ICICI Bank after various agencies started investigating the charges of conflict of interest and quid pro quo against CEO Chanda Kochhar.

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.

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.

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

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.

Mail Today Bureau
May 31, 2018
ICICI Bank has instituted an independent inquiry into allegations raised by an whistleblower against CEO Chanda Kochhar of having given out huge loans to certain business groups who in return extended benefits to companies run by her husband and brother-in-law.

New Delhi, May 30, 2018
The scope of the enquiry would be comprehensive and would include all relevant matters and, where ever warranted, the use of forensic or email reviews and recording of statements of relevant personnel, says ICICI Bank.

New Delhi, May 25, 2018
The bank said an \"appropriate response\" would be submitted to Sebi. 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.

Virendrasingh D Ghunawat
New Delhi, May 15, 2018
NuPower Renewables CEO and Co-founder Deepak Kochhar - who's also the husband of ICICI Managing Director Chanda Kochhar - has also been questioned three times by the IT Department in last 10 days.

New Delhi, April 23, 2018
The big question is whether such non-declaration violates the provisions of Section 184 of the Companies Act, 2013. The latter stipulates that every director of a company (both public and private) shall disclose their interest in third parties. That is what the probe agencies want to look into.

New Delhi, April 12, 2018
The central bank had raised some questions over the ownership of Mauritius-based entity, First Land Holding, which had invested Rs 325 crore in NuPower Renewables, the company owned by Chanda Kochhar's husband Deepak Kochhar.

April 12, 2018
ICICI Bank CEO Chanda Kochhar and other members of her family had invested in a previously unheard of firm called Credential Finance Ltd at a time when Venugopal Dhoot's Videocon International Ltd had held a 17.74 per cent stake in it.

Rajeev Dubey
New Delhi, April 10, 2018
RBI showed a lot of spine in nudging Sharma to look for an honourable exit. Even after the Axis Bank board had approved a fourth 3-year term for Sharma starting June 1, the banking regulator wrote back to the board to reconsider its decision.

April 9, 2018
Ratings agency Fitch on Monday said the investigation into ICICI Bank CEO Chanda Kochhar's potential conflict of interest in loans sanctioned to Videocon raises questions over the 'bank's governance' and 'creates reputational risks'.

Anand Adhikari
April 6, 2018
The list of mid-sized companies supporting first generation entrepreneur Deepak Kochhar's power venture seems to be a bit long. Surprisingly, most of these companies are based down South where Deepak Kochhar has business operations.

New Delhi, April 6, 2018
Rajiv Kochhar reportedly taken to CBI's Bandra office where he was grilled for six hours in connection with ICICI Bank's alleged quid pro quo loan of Rs 3,250 crore to Videocon Group in 2012 as well as his links with Venugopal Dhoot, the promoter of the Videocon Group.

New Delhi, April 5, 2018
The CBI (Central Bureau of Investigation) and the Income Tax Department are probing the Rs 3,250-crore loan to Videocon Group in 2012. Now the Serious Fraud Investigation Office (SFIO) has also sought permission from the ministry of corporate affairs to probe the case.

New Delhi, April 5, 2018
ICICI-Videocon case: Deepak Kochhar denies quid pro quoChanda Kochhar's husband and NuPower Renewables co-founder and CEO Deepak Kochhar has denied any quid-pro-quo in sanctioning of Rs 3,250 crore loan to Videocon by the ICICI Bank in response to a questionnaire sent by Business Today. Also, Venugopal Dhoot has refuted the charge that NuPower Renewables was a joint venture between Videocon and Deepak Kochhar. Meanwhile, questions sent to ICICI Bank CEO Chanda Kochhar were responded to by ICICI Bank Chairman MK Sharma, who told Business Today that Kochhar was travelling abroad. Deepak Kochhar has been in the eye of the storm for allegedly receiving an investment by companies owned by Videocon Group's Venugopal Dhoot soon after the loans to the debt-laden Videocon were sanctioned by the ICICI Bank.Facebook says up to 87 mn users' data may have been breachedPersonal information of about 87 million users, mostly in the US, may have been improperly shared with the UK-based political consulting firm Cambridge Analytica, Facebook has said as it announced a slew of measures to address its users' privacy concerns as reported by PTI. Over half a million of the users whose personal data might have been compromised are from India. This is a much larger figure than the previously believed 50 million users of Facebook whose personal data was improperly shared with Cambridge Analytica.Trump says trade war with China was lost many years agoPresident Donald Trump has said the US is not in a trade war with China as the war was lost many years ago by the previous \"foolish and incompetent\" American leadership. Trump, however, asserted that the current trade situation with China cannot be allowed to continue.Trump's comment came as the world's top two economies edged towards an all-out trade war after China rejected the US' demand to cut down trade deficit by USD 100 billion and announced plans to impose retaliatory tariffs worth USD 50 billion on 106 American products.Web portal for complaints of cyber crimes, online frauds to be launched soonThe Home Ministry will soon launch a web portal on which people can lodge complaints over online abuse, cyber crimes such as financial frauds and circulation of communal and pornographic content, officials said. The portal will allow people to register complaints, post videos and other online content so that the law enforcement agencies can verify and take action against the offenders as per law, a Ministry of Home Affairs (MHA) official said as reported by PTI. The online platform is expected to be operationalised later this month.India ranked third in the list of countries where the highest number of cyber threats were detectedIndia ranked third in the list of countries where the highest number of cyber threats were detected, and second in terms of targeted attacks in 2017, according to security software firm Symantec. \"India is ranked third among list of countries globally where most of the threats were detected and it is second in terms of targeted attacks,\" Tarun Kaura, Director, Enterprise Security Product Management, Asia Pacific and Japan, Symantec said. The United States led the pack, followed by China at the second spot, according to the company's Internet security threat report (ISTR). India was ranked second globally when it comes to spam and phishing (misleading emails, weblink etc). However, complex cyber attacks -- ransomware and network attacks in India increased in terms of global percentage.

Rajeev Dubey
New Delhi, April 4, 2018
Sharma's findings put before the short notice board meeting on March 28 were the same that he conducted in 2016. At that time, Sharma evaluated the bank's credit evaluation process right after whistleblower Virendra Gupta's disclosures in 2016 regarding the Rs 3,250 crore and Rs 660 crore loans and alleged quid pro quo in the form of an identical 10 per cent foreign funding in Kochhar's husband Deepak Kochhar's company NuPower Renewables.

Meetu Jain
New Delhi, April 4, 2018
Chanda Kochhar's husband and NuPower Renewables CEO Deepak Kochhar has denied any quid-pro-quo in sanctioning of Rs 3,250 crore loan to Videocon by the ICICI Bank in response to a questionnaire sent by Business Today.

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