Ajay Lakhotia, an ISB student, shares his experience of spending the day with former managing director and CEO of ICICI Bank KV Kamath and the management lessons that this young MBA grad has learnt from the banking veteran.
The Prime Minister's call for austerity has taken corporate India off guard. MD & CEO, ICICI Bank, KV Kamath discusses the Prime Minister's comments and other issues facing the industry.
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations and other regulatory aspects related to stock markets.
KV Kamath has had a tough journey so far.
Taking place in the presence of leaders of industry, the field of economics & finance, this interactive session will find common ground in business and spirituality.
The new chairman assumes his role at perhaps one of the most challenging times for both the company and the industry.
The ICICI Chairman said that a decisive mandate that has emerged from the general election results is a very positive development.
The Securities and Exchange Board of India (Sebi) might relax the disclosure norms around rumour verification to help smooth implementation and ease compliance amid pushback from India Inc, said people in the know. The rule has been notified following amendments to the Listing Obligations and Disclosure Requirements (LODR) by Sebi. However, its implementation has been deferred until February.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.
The nominations committee of the board had earlier recommended Kamath's induction as an additional director. Kamath, at the end of April 2009, stepped down as CMD of ICICI Bank and is now the non-executive chairman.
Despite rising borrowing costs and home loan EMIs, borrowers have some good options to keep their rising EMIs in check.
Chaitanya Sagar Bethu (ISB Class of 2010) shares his experience of spending the day with Narayana Murthy, Infosys chief mentor.
Kriti Mehra (ISB Class of 2010) shares her experience of meeting Kiran Mazumdar Shaw, CEO of Biocon.
The 46-year-old, who grew up in Jaipur aspiring to be an IAS officer, is known to put in long hours.
The chairman of the country's largest private sector bank felt 80 per cent of the consumer loans were back, the remaining 20 per cent mostly unsecured loans had taken a back seat.
The government has constituted a high-powered committee, headed by Planning Commission Member NK Singh, to set new guidelines for regulating film financing.
Shah Rukh Khan's image and popularity with the Non-Resident Indian segment will further reinforce ICICI Bank's global identity, the bank said in a statement.\n
K V Kamath to take charge of BRICS Bank in July.
It has also informed the Bombay Stock Exchange that the Board of Directors of the Company at its meeting held on October 10, 2014, inter alia, has declared interim dividend of Rs 30 per equity share. The interim dividend declared in the previous year was Rs. 20 per equity share.
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
The board meeting is likely to take place later in Shanghai.
After visiting two Central Asian countries, Prime Minister Narendra Modi arrived in Ufa on Wednesday on a three-day trip during which he will attend the BRICS and Shanghai Cooperation Organisation summits.
Railway Budget has not discriminated against any state.
The 34th annual general meeting (AGM) of IT major Infosys held Monday was an exceptional one.
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