Aravindan Balakrishnan, a 75-year-old Indian-origin man who ran a secretive extremist Maoist cult in London, was on Friday sentenced to 23 years in jail by a UK court for a string of sexual assaults.
It will help customers raise the eligible amount by up to 20 per cent and increase the tenure by up to seven years.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Mehuli Ghosh's effort will, however, not be considered as a world record, as the South Asian Games' results are not recognised by the international body (ISSF) for the purpose of records.
The country's largest private sector lender, ICICI Bank, on Thursday slashed its benchmark lending rate by 50 basis points to 15.75 per cent, a move that would benefit the bank's home, auto, consumer and corporate loan borrowers.
Top private lender ICICI Bank plans to open nearly 600 branches this year, but will not hire as part of the current workforce would be redeployed to manage the expanded network of 2,000 branches.
The 46-year-old, who grew up in Jaipur aspiring to be an IAS officer, is known to put in long hours.
The MD and CEO of ICICI speaks on how life will change and the bank's strategy going forward.
The board of ICICI Bank, the country's second-largest lender, will take a final call on appointing a successor to K V Kamath, its present managing director and chief executive officer, next month.
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.
Hastey Hastey, aptly titled, is another comedy to tickle your funny bone. Unfortunately, it really doesn't.
American technology giant Apple's chief executive Tim Cook on Wednesday met ICICI Bank's top brass at the country's largest private sector lender's corporate headquarters in Mumbai.
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.
The Karnataka Film Chamber of Commerce has decided to suspend Duniya's Vijay, one of Kannada cinema's top stars, for a year for violating the decision of the KFCC's taken on October 25 to dub for the film Chanda directed by S Narayan.
After 24 years at the helm, Narayan Vaghul, the non-executive chairman of ICICI Bank, will call it a day in March next year. His protege and the current chief executive officer and managing director K V Kamath is likely to step into Vaghul's shoes after his term ends in April.
ICICI Bank has reported a decline in its quarterly net profit for the first time since its merger with ICICI.
The Indian medal hopes in the 32nd chess Olympiad suffered a severe jolt after the men could only manage a 2-2 draw with Slovenia while the women lost 1.5-2.5 to Serbia in the eighth round in Dresden, Germany. The Indian men slipped to joint 14th spot in the standings on 11 points out of a possible 16 and now face an uphill task to keep their medal hopes alive.
On a standalone basis, the bank posted 17 per cent rise in net profit at Rs 2,655 crore.
Anand Mahindra, vice-chairman and managing director of Mahindra & Mahindra, has been selected for Business India's Businessman of the Year 2007 award. Anand Mahindra was selected for the award by an eminent jury chaired by Baba Kalyani, chairman and managing director, Bharat Forge.
The raids are underway at three locations, including her residence in Sainik Farm. Misa Bharti and her husband Shailash Kumar are involved in an alleged benami land deals case and were called for questioning by tax officials in June.
Anti-CAB protests intensify in Guwahati even as the PM appealed for calm, assuring the people of the state that the govt will protect their interests.
Finance Minister Arun Jaitley who is in Davos to showcase India as an investment destination at the World Economic Forum (WEF), on Wednesday promised India has a "lot in the pipeline" for global investors even as he plans to take up with Switzerland the issue of black money stashed in banks there.
Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
The Rajasthan police have taken into custody a man from Chanda village here for interrogation in connection with the October 11 bomb blast at the shrine of Sufi saint Khwaja Moinuddin Chisti in Ajmer, the police said.
the I-T department attached a total of 12 plots of Bharti and her husband Shailesh Kumar, Bihar Deputy Chief Minister Tejaswi Yadav and ex chief minister Rabri Devi, and sisters Ragini and Chanda Yadav.
Calling Test cricket an enduring romance, Sehwag said it is the waiting game which makes the format charming.
"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
The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
"Clearly there is a slowdown in the number of deals. . . interest rates have gone up from eight per cent in the past to now 12 per cent and prices too have gone up but an asset bubble is not there," ICICI Bank Joint Managing Director Chanda Kochhar told PTI. She said that a correction was expected as the present slowdown was in number of deals and not so much in prices.
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
Kolkata Port Trust, the second largest port authority in the country, would be going in for a complete revamp of its operations in its drive to raise productivity.
In an interview, Kochhar talks about how ICICI Bank had sensed the substantial rise in cross-border acquisitions by Indian companies and accordingly established presence overseas.
Aanchal Shrivastava took a huge risk when she quit a well paying job to become a full-time singer.
Social media helps #RainHosts come to the rescue of those stuck in every part of the island city.
Such is her faith in ICICI Bank, its joint MD continues to invest all her savings in the bank's stock and remains unfazed by the hammering it has taken.
Former World champion Viswanathan Anand shrugged off his first round draw to score a resounding victory over Matthias Bach of Germany in the second round of the Masters section of Tradewise Gibraltar Chess festival, in Gibraltar, on Thursday.
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
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