Chanda Kochhar, who was arrested for a cash-for-loan scam on Friday, was once a powerful banker and instrumental in making ICICI Bank the country's biggest private sector lender. Kochhar, a regular feature on Forbes top global honchos lists, was arrested by the Central Bureau of Investigation (CBI) along with her husband Deepak Kochhar in connection with alleged cheating and irregularities in loans sanctioned by ICICI Bank to Videocon Group companies. Kochhars were called to the agency headquarters and arrested after a brief questioning session. Her chapter at ICICI Bank ended abruptly in 2018 when the board of directors approved a request from Kochhar to seek early retirement following allegation of corruption and quid pro-quo while extending loans to the now bankrupt Videocon Industries.
Did Sheena Bora board a Jet Airways flight on July 22, 2012, a full three months after her death in April 2012?
The meeting was held for over an hour, he said.
'The corruption charges in FCI are not the first and won't be the last.'
The Centre is looking to continue maintaining an arms length in financial sector appointments.
Reversing the burden of evidence means that the principle of innocent until proven guilty does not apply. It is exactly the opposite: Guilty as charged, until you can convince the judges of the contrary, points out Shekhar Gupta.
Seven years after Modi took office, merchandise exports were lower in 2020-2021 than when he had taken over from Manmohan Singh, points out Aakar Patel.
When was the last time we heard this government speaking of the disaster in primary education, rather than Ganga cruises and cheetahs? Less money -- Rs 88,000 crore -- was spent by the Union government on education in its last Budget than has been allocated to the Bullet train, notes Aakar Patel.
Sunil Patil, whom former Mumbai Bharatiya Janata Party youth wing chief Mohit Bharatiya has accused of being the mastermind of the cruise drugs episode, appeared before the Mumbai Police's Special Investigation Team (SIT) on Sunday evening to record his statement, an official said.
'The decision to arrest Aryan Khan was a consensual decision, not a one-man command.'
Did Prime Minister Modi receive a different kind of reception at the Biden White House on Friday than he has has been used to at the American president's home?
'I have always been told I am pear-shaped,' reveals Malaika Arora.
The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.
Patel said that he was prevented from travelling to the US despite a Gujarat court order granting him permission "specifically" for the said trip.
Women are a minuscule minority of those arrested under the IT Act.
Like the Shourya and Prahar missiles, the Pralay is powered by conventional solid fuel, and its payload is designed to carry only a conventional warhead.
'What she did so far and what she will do now is secondary; the most important thing is a person from the Adivasi community has reached the top-most position in the country.'
'The Russian attack might be a wakeup call for Europe.'
'William Mustoe, the director of horticulture during British rule, named the Presidential Palace garden after the Mughals.' 'He simply kept the name because it was made on the pattern of a Mughal garden.''He simply kept the name Mughal gardens because it was made on the pattern of Mughal garden.'
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Bobby Deol delivers, but Aashram 3 does not, observes Namrata Thakker.
India tops the world with 11% of global deaths in road accidents while we have only 1% of the world's vehicles.
The Enforcement Directorate has recently recorded the statement of former NSE managing director and chief executive officer Chitra Ramkrishna, lodged inside Delhi's Tihar jail, as part of a money laundering investigation against her and others, officials said Tuesday. The proceedings for recording the statement were conducted on two occasions inside the jail. The statement has been recorded under the criminal sections of the Prevention of Money Laundering Act (PMLA), they said. Ramkrishna is lodged in the Tihar jail after she was arrested by the Central Bureau of Investigation (CBI) on March 6 in the alleged National Stock Exchange (NSE) co-location scam case and investigation linked to other governance irregularities at the bourse.
In a record time of 13 years, the Indigenous Aircraft Carrier Vikrant is now ready for formal induction into the Indian Navy.
The special enquiry team of the Narcotics Control Bureau, which is probing allegations of extortion attempt in the drugs case involving actor Shah Rukh Khan's son Aryan, has recorded statements of over a dozen persons so far, a senior official said on Friday.
Dominic Xavier is puzzled by the timing of the NCB summons to Bollywood's reigning empress.
'Roses are red, violets are blue, let's smash the patriarchy, me and you'.
The appointments to the Supreme Court and the high courts cannot be speeded up unless both the Judiciary and the Executive agree to a new mechanism which affords both near-parity in decision-making, argues Virendra Kapoor.
'There is a famous saying here that 'the way to Delhi passes through Lucknow'.' 'If the BJP loses UP in 2022, Modi's premiership in 2024 will be in doldrums.'
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
'In Hindi, Mr Modi is unequalled as an exceptionally accomplished orator.'
Dominic Xavier recalls the media mayhem unleashed after the actor took his life and the bizarre role central agencies continue to play in the case.
In the plea filed in a sessions court on Wednesday, Rhea also claimed that she has not committed any crime whatsoever and has been falsely implicated in the case.
White-lipped tamarin is a type of monkey that lives in the Amazon area of Brazil and Bolivia. Prevost's squirrel is a colourful species from the forests in the Thai-Malay Peninsula and nearby islands. Sugar gliders are tiny marsupials - 6.3 to 8.3 inches in length - native to Australia.
The high court in London on Tuesday began hearing evidence from two leading experts in the field of psychiatry to determine the level of suicide risk faced by Nirav Modi if he is extradited to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay heard from Andrew Forrester, Professor of Forensic Psychiatry at Cardiff University, and Seena Fazel, Professor of Forensic Psychiatry at Oxford University, in the final stages of the extradition appeal being pursued by the 51-year-old diamond merchant. The two psychiatrists weighed up Nirav's level of depression, which could pose a "substantial" or "elevated" risk of suicide.
Hindustan Zinc (HZL), a subsidiary of Vedanta, announced an interim dividend of Rs 21 per share last week, resulting in an outflow of Rs 8,863 crore. The announcement has turned the spotlight on India Inc's dividend-paying policy - more so for reasons driving the generosity of firms. An analysis of BSE 500 companies by Business Standard Research Bureau shows that some of the top 20 dividend-paying companies in 2021-22 (FY22) include Vedanta, Tata Consultancy Services, HZL, Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IndianOil), Hindustan Unilever (HUL), Reliance Industries (RIL), and Bajaj Auto, among others.
I said to myself, why should the player suffer if he was innocent while I went about settling scores with the Board? If I didn't finish the enquiry in time, Shami's career would be harmed and perhaps irretrievably so. I decided to complete the probe within the stipulated time and got going right away.
A British court on Tuesday opened the continuation appeal hearing in the extradition case of Nirav Modi, who is wanted in India on the charges of fraud and money laundering amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. The 51-year-old diamond merchant had lodged an appeal last year against his extradition order on mental health grounds. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay presided over an initial hearing at the High Court in December last year to determine whether District Judge Sam Goozee's Westminster Magistrates' Court ruling from February 2021 in favour of extradition was incorrect to overlook the diamond merchant's "high risk of suicide".
I watched from my balcony and found that during the next eight hours up to 5.30 pm, not one prospective voter was seen to go to the Congress table, notes Rashme Sehgal. The rush was all around the BJP table.
'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.
