Chief executive officers (CEOs) are known not just for their outstanding capabilities, they are also famous as style icons.
Ma Durga might be the city's most celebrated annual visitor, but Kali is the resident Goddess, notes Sandip Roy.
'If she contests it, then these people will have to fight it in court.'
Three new directors including private sector lender ICICI Bank CEO Chanda Kochhar and Citigroup South Asia head Mark Robinson have joined the board of Indian School of Business (ISB).
They remained in joint lead on 3.5 points each after the conclusion of the fourth round of Gibtelecom Masters International Open chess tournament.
We are clearly focused on increasing our loan book in segments such as auto loans, home loans, commercial vehicles finance and corporate loans, says Chanda Kochhar.
Chanda Kochhar said the only comforting factor is that investors pouring in money into such startups are 'mature'.
The two Indian Grandmasters played out a fighting draw amongst themselves to remain in joint lead after the third round of Gibraltar Chess Congress.
'At the same time, we will allow unsecured loans to go off.'
The FIDE title is subject to the fulfilment of an 2500 Elo rating.
As India successfully lands Chandrayaan-3, does the moon look as beautiful as one's beloved or has the Chanda Mama of folk ditties acquired a whole new meaning?
The board also appointed K V KKamath as the non-executive chairman of ICICI Bank, a role being performed by his mentor Narayan Vaghul, who is scheduled to step down once his term ends in March. Vaghul has been with the ICICI group for 24 years.
Chanda Kochhar, Managing Director and Chief Executive Officer of ICICI Bank talks about the education system in India and offers advise on how parents can help in the decision making process of a child's career.
The report concluded that she failed to discharge her fiduciary functions to rescue herself to avoid any conflict of interest.
She received nearly 97.7 per cent of the votes in favour of her re-appointment, while nearly 2.32 per cent votes were cast against her
Due to the success of the operation, the entire Korchi-Tipagad and Chatgaon-Kasansur Dalams of Maoists have been wiped out, they claimed.
The second half of the financial year will be an important milestone for ICICI Bank.
Chess icon Viswanathan Anand feels the current crop of Indian players, that he has had a role in shaping, has turned out to be "great" in grabbing crucial opportunities.
Indian Grandmasters Sandipan Chanda and Surya Shekhar Ganguly kept themselves in contention for top honours after drawing with Etienne Bacrot of France and Yuri Kryvoruchko of Ukraine respectively in the seventh round of Fujairah International chess tournament, in Fujaira, UAE, on Tuesday. The Indian duo remained in joint-lead on five points along with the Ukrainian trio of Sergey Fedorchuk, Andrey Sumets and Alexander Moiseenko, Liem Le Quang of Vietnam and Bacrot.
Kochhar's counsel argued that according to Section 35B (b) of the Banking Regulation Act, prior approval of the RBI is required to terminate the contract of a bank's chairman or managing director. But in this case, the RBI approval came after the termination letter was served.
She said 30 basis points (0.30 per cent) rate cut has already happened.
The charge sheet has been filed before a special Prevention of Money Laundering Act (PMLA) court in Delhi and the court has listed the matter to be heard on January 16, the sources said.
The proportion of retail assets is higher, so NPAs from that part would be higher, says Kochhar.
In an interview with Business Standard's Shyamal Majumdar and Sidhartha, Kochhar says she is going to focus on the immediate challenge of correcting the cost structure of the country's second largest bank.
The eighth seed was beaten by Venezuelan Maria Vento-Kabchi at the US Open.
The education system is very examination-oriented but an application of that knowledge is lacking, says Chanda Kochhar.
Chanda Kochhar, the high-profile ex-banker had on November 30 moved the Bombay high court challenging "termination" of her employment by ICICI Bank which also denied her remuneration and clawed back all the bonuses and stock options between April 2009 and March 2018 for her alleged role in granting out of turn loans worth Rs 3,250 crore to the Videocon Group which benefitted her husband Deepak Kochhar. A division Bench of justices Ranjit More and SP Tavade allowed her to implead RBI and directed the apex bank to file its reply by December 16.
The order came following a petition in the high court seeking direction to the police to ensure protection to Opposition party workers in the wake of alleged post-poll violence in some places of the state following the elections.
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.
It's the most romantic day of the year, and the best time to hum romantic songs!
ICICI Bank on Friday reshuffled its management as Nachiket Mor, an executive director, decided to quit. The board, at its meeting on Friday, promoted deputy managing director Chanda Kochhar as the joint managing director and chief financial officer (CFO) of the bank. The incumbent Group CFO Vishakha Mulye has been made executive director of the bank's subsidiary, ICICI Lombard General Insurance.
A corporate lawyer said that this is the biggest failure of corporate governance in this country. He pointed out that American investors can even take the bank to court for giving false statements to stock exchanges and even file class action suits. Some even questioned how RBI overlooked Kochhar's misdeed.
Our focus around technology, cost efficiency, persistency and effective distribution channel will continue, says the ICICI Bank MD and CEO.
Former South African allrounder Lance Klusener will take over as head of cricket operation of Tripura for the upcoming season.
After receiving the award, Chanda Kochhar said, "As I see the list of past recipients of this honour, I feel inspired to be counted as one among them.
Senior advocate Prashant Bhushan, who appeared for the petitioners in the court, said at least 30 shell companies purchased electoral bonds worth over Rs 143 crore.
ICICI Bank CEO Chanda Kochhar stirred a hornet's nest this week when she linked the low numbers of women in B-school to a focus on quantitative ability in the testing process.
Three Indian women -- ICICI Bank deputy managing director Chanda Kochhar, HSBC India CEO Naina Lal Kidwai and Biocon head Kiran Mazumdar-Shaw -- have been named among the world's 50 most powerful businesswomen by the Fortune magazine.
Moreover, all her existing and future entitlements such as any unpaid amounts, unpaid bonuses or increments, unvested and vested and unexercised stock options, and medical benefits will be revoked.
