Reader Srikrishna Kulkarni has sent us a photograph.
Interestingly, in March 2018, the same board of ICICI Bank had given a clean chit to Kochhar with full-backing and had said there was no question of favouritism, nepotism or conflicts of interest on her part in granting loans to Videocon Industries or any other company.
Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.
With the O2C business outlook on the mend, the Street is also looking forward to news on RIL's proposal to sell up to 20 per cent of the O2C business to a strategic investor like Saudi Aramco.
We celebrate January 26 as Republic Day because that's the day on which we adopted the Constitution in 1950. Yet, in the days preceding and following Republic Day 2021, three different courts violated the Constitutional rights of citizens, observes Jyoti Punwani.
'There is a contradiction between what the then CM said in the assembly and the legislative council, and the direction taken by the police investigation.'
A group of lawyers and activists want India's privacy law to ensure that autonomy, dignity and privacy are safeguarded, and proposes a penalty provision of up to Rs 10 million for those found violating the code and a jail term extending up to three years or a combination of both. Mayank Jain reports.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
Security has been tightened across Hyderabad on the eve of the release of the Srikrishna Committee's report on the formation of a separate Telangana state.
The central bank filed an affidavit in response to a petition filed by Kochhar last month, challenging her ouster as the chief executive and managing director of ICICI Bank months after she voluntarily left the private sector lender. The bank, while terminating her employment, also denied her remuneration and rescinded the bonuses and stock options given to her from April 2009 to March 2018. She was accused of playing a role in grant of out-of-turn loans of Rs 3,250 crore to Videocon Group, which allegedly benefited her husband, Deepak Kochhar.
The central bank has vehemently opposed the proposal, citing different reasons, including lack of focus and unconvincing results abroad.
Clause 150 empowers govt to change the meaning of 'financial products/services' to include new instruments.
The BJP has incorporated caste as a significant component of its politics.
'It was a reaffirmation of his party's unrelenting defiance of its erstwhile ally, the BJP; an attempt to forge a new relationship with the community the Shiv Sena had always targeted; and a pointer towards the political imperative of taking everyone along if the fight against the ruling party had to succeed,' notes Jyoti Punwani.
The Financial Sector Legislative Reforms Commission, chaired by Justice B N Srikrishna, has suggested a non-sectoral, principle-based approach to revamp the existing framework.
'Everywhere Anil Dharker went, he assembled teams of talented people, gave them opportunities, then got out of the way and allowed them to flourish.' Meenakshi Shedde remembers a very special editor.
The Aadhaar and Other Laws (Amendment) Bill, 2019 was passed in Rajya Sabha by a voice vote, although many parties including the Trinamool Congress and Dravida Munnetra Kazagham opposed it citing various reasons, including apprehensions data theft.
It was on December 9 exactly two years ago that the central government announced that the "process for carving out a separate state of Telangana" was being initiated but it has not moved a few steps beyond that.
'The Babri Masjid wasn't just a mosque, it was a test of our secularism,' says Jyoti Punwani.
The mystery fever that has gripped children in Bihar's Muzzafarpur district has been diagnosed as encephalitis even as the virus claimed five more lives, taking the toll to 38 on Thursday.
There is considerable speculation as to whether this award would have any bearing on another Vodafone-type case, namely, the ongoing tax-related arbitration proceedings with Cairn Energy.
The Bharatiya Janata Party on Thursday accused the Congress-led United Progressive Alliance government of acting in an "irresponsible and childish" manner on the Telangana issue and maintained that delay in formation of the state would harm the interest of both Andhra Pradesh and the Telangana region.
The amended bill also provides for a stiff Rs 1 crore penalty and a jail term for private entities for storing Aadhaar data.
If smaller states are formed on the principles of 'self-determination', it could result in unstable states.
The Justice Srikrishna Committee report has recommended in a "secret" supplementary note steps the Centre should take to keep the Telangana statehood issue under check in Andhra Pradesh.
The fatal 'mystery fever' on Tuesday claimed one more life in Bihar's Muzaffarpur district, taking the death toll to 46. Ambiguity over the disease still continues, even though scientists have ruled out encephalitis.
Reacting strongly to the Srikrishna Committee report, pro-Telangana student groups on Thursday held protests at the Osmania University in Hyderabad and gave a call for a bandh on Friday in Hyderabad and Telangana region of Andhra Pradesh.
The protests at the Osmania University, which has been the nerve centre of the movement, have intensified and two buses have been burnt down despite heavy police presence. Protests were also witnessed at the Dharna Chowk locality in Hyderabad.
Andhra Pradesh Chief Minister Kiran Kumar Reddy, Congress leader Uttam Kumar Reddy, CPI-M state secretary B Raghavalu, PRP leader C Ramachandraiah were among those who are attending the meeting during which Chidambaram will handed over the Justice B N Srikrishna Committee report on the Telangana statehood demand.
The Telangana Rashtriya Samiti, spearheading the Telangana statehood movement, rejected a fresh appeal by Home Minister P Chidambaram to participate in Thursday's meeting to discuss the Justice Srikrishna report, even as Congress held hectic parleys with its leaders from Andhra Pradesh on ways to deal with the situation.
The Telangana Rashtra Samithi on Sunday decided not to attend the meeting called by Home Minister P Chidambaram in New Delhi on Thursday to discuss the Justice Srikrishna Committee report on Telangana, saying there would be divergent views at the meeting as parties will have members from both regions.
Why did the government hide the content of the 8th chapter of the Sri Krishna report on the formation of Telangana? Vicky Nanjappa reveals the explosive suggestions made in that chapter
Kochhar was directed to return about Rs 10 crore in cash bonuses she had received as CEO, and also give up close to 6 million shares of the bank she had as stock option, which was about Rs 350 crore.
Andhra Pradesh Chief Minister N Kiran Kumar Reddy on Friday said the Centre would take a decision on the contentious statehood issue only after the eight recognised political parties in the state expressed their views on it.
Setting the Telangana process in motion, the Centre has cleared the way for the formation of an organisational structure for the Justice B N Srikrishna-headed Telangana committee.
Amid the growing clamour for a separate state of Telangana, Prime Minister Manmohan Singh on Wednesday said there would be further consultations on the issue."I think the home minister had a meeting with leaders of political parties from Andhra Pradesh. They had gone back and will study the report of the Srikrishna Committee. There will be further consultations," Dr Singh said. His comments came at a time when Congress MPs from Telangana region have threatened to resign.
Telangana protagonists may claim Hyderabad as an integral part of their region but the statehood demand does not arouse the 'same intensity of emotions' among the residents of the metropolis unlike people in other areas in the region.
Take the case of Sudarshan Reddy, irrigation minister in the Andhra Pradesh government. He hails from the Bodan constituency in Nizamabad district and was supposed to return to his home constituency on Saturday. However, he advised against it due to the protests outside his house.
Joint Action Committee head Professor M Kodandaram says that looking at the atrocities being committed on students by the Andhra Pradesh government, the political JAC has decided to act fast and not wait until February to start their aggressive campaign for a separate state.
The software lobby Nasscom on Friday expressed concern over developments in Andhra Pradesh in the wake of Justice Srikrishna Committee report over Telangana issue and cautioned that prolonged unrest might hamper business and could lead to jobs being moved to other states.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances