Fortune said the list has been compiled broadly on the basis of four criteria
The Bombay high court on Tuesday directed the Central Bureau of Investigation to file by Friday its affidavit in response to a petition of Videocon Group founder Venugopal Dhoot, seeking to quash an FIR registered in a bank loan fraud case, to declare his arrest as "arbitrary and illegal" and to be released on bail. When the plea came up for hearing, advocate Kuldeep Patil asked for one-week time to seek instructions on the same. A division bench of Justices Revati Mohite Dere and P K Chavan said the agency shall file its affidavit by Friday and posted the petition for hearing the same day (January 13).
The country's largest private sector lender ICICI Bank on Tuesday said that it expects the Reserve Bank to continue with calibrated approach to check inflation at its upcoming September 16 monetary policy review.
The Reserve Bank has taken some steps to shore up the domestic currency.
Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
The country's largest private lender, ICICI Bank, on Monday said it expects lending rates to go up after September as credit offtake is likely to pick up in the second half of the current fiscal.
Some are heading the top banks in India, while others are calling the shots as company's CFO.
The list has been topped by Amazon founder and CEO Jeff Bezos with Apple CEO Tim Cook coming in at the second place.
The executive suites of most major companies still remain largely boys' clubs, but things are improving.
The Reserve Bank of India's move to pause its hawkish Monetary Policy stance is on expected lines as high interest rates affect the economic growth, bankers and analysts said.
"Besides looking at providing financial assistance to Indian corporates who have set up business in Sri Lanka, we are keen on becoming a major player in the retail sector," the bank's Deputy Managing Director Chanda Kochhar told reporters in Colombo
Three Indians-- Congress president Sonia Gandhi, ICICI Bank head Chanda Kochhar and PepsiCo chief executive Indra Nooyi--have been named among Asia's eight top power women by American broadcaster CNN.
Arundhati Bhattacharya, the chairperson of country's largest bank SBI, has been named as the most-powerful woman in business in India by Fortune magazine.
The visiting US treasury secretary Timothy F Geithner today said Washington will closely work with New Delhi to promote a more balanced and greater economic cooperation between the two nations.
India-born PepsiCo chief Indra Nooyi figures among the top10 in 2013.
Bankers expect interest rates to remain stable in the short to medium term, as there is enough liquidity in the market.
This was the companies' highest loss in two years.
Home, consumer, corporate and personal loans are likely to become cheaper with the Reserve Bank cutting its key short-term repo rate by 1 per cent to 8 per cent, the first since 2004, bankers said. After slashing the cash reserve ratio by 2.5 per cent from 9 to 6.5 per cent with effect from October 11, the Reserve Bank cut the repo rate on Monday, which is the rate at which banks borrow from the apex bank.
Chanda Kochhar, CEO and managing director of ICICI Bank, spells out ICICI's work culture and employee philosophy.
United States Secretary of State Hillary Clinton on Saturday had a breakfast meeting with top honchos of India Inc at the iconic, sea-facing Taj Hotel in Mumbai. Amongst those from India Inc who were present at the meeting included Ratan Tata, chairman of Tata Group and Reliance Industries' Mukesh Ambani. Others present were the chiefs of India's two largest banks, O P Bhatt of State Bank and Chanda Kochhar of ICICI Bank, Swati Piramal and Sudha Murthy.
These women are building billion-dollar brands, calling the shots in the financial markets, and crisscrossing the globe to broker international agreements and provide aid, the magazine noted
Industrialists Anand Mahindra and Ratan Tata will co-host a power lunch for CEOs with the visiting US Treasury Secretary Timothy Geithner on April 7.
The shareholders have been asked to vote on the proposals, which were approved by the board at the meeting on December 19, through postal ballot by February 11 and the results would be announced on February 13, the bank said in a notice to its shareholders. As per the proposals, Kamath would replace N Vaghul as the bank's non-executive chairman, after he retires on completion of his current term on April 30.
India Inc on Monday welcomed the focus on reviving economic growth to nine per cent as also the indications for bold tax reforms, but expressed regret that the Minimum Alternate Tax was raised and Security Transaction Tax was let to continue.
Bankers on Tuesday said interest rates have bottomed out in the second quarter and rates may start rising in the coming months in line with a pick-up in credit off take, expected on the back of a revival in the economy.
Indian govt is trying hard to get global investors to invest in the country.
Banking stocks led by SBI, ICICI Bank, Bank of Baroda, PNB, Kotak Bank, HDFC Bank, Axis Bank, Federal Bank and Yes Bank fell as much as 2.77 per cent.
Chanda Kochhar is among the three Indians in Time's Most Influential list.
The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.
ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
Yes Bank said it is set to unveil a branch to be operated exclusively by women.
Black and gold dominate the red carpet!
Pictures from the Swachh India campaign.
The 46-year-old, who grew up in Jaipur aspiring to be an IAS officer, is known to put in long hours.
Governor Raghuram Rajan lowered the benchmark repurchase rate to 7.75 per cent from 8 per cent, the first reduction since May 2013.
Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.
The 57-year-old Bhattacharya, front-runner for the post on account of years of service left, was managing director and chief financial officer of the bank prior to her elevation.
SBI's Bhattacharya is ranked second on the list, while ICICI's Kochhar is 5th and Axis's Sharma is 19th in the Fortune list
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