Two professions have to be necessarily independent, a judge and a journalist. If they falter, democracy collapses,
A Home Ministry spokesperson said the committee will hold wide-ranging consultations with all sections of people and different political parties and groups in Andhra Pradesh. The committee is headed by former Supreme Court Judge B N Srikrishna.
The Bombay High Court today constituted an interim committee headed by retired Supreme Court judge B N Srikrishna to recommend measures to the government with a view to preventing recurrence of last month's terror attacks in the city.
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.
The FIR also said chairman of New Development Bank K V Kamath, Goldman Sachs India chairman Sonjoy Chatterjee, Standard Chartered Bank CEO Zarin Daruwala, Tata Capital head Rajiv Sabharwal and Tata Capital senior advisor Homi Khusrokhan need to be investigated.
Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.
Journalists will be exempted from seeking consent of individuals before collecting and reviewing their personal data to be used in news reports.
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.
The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.
The Financial Sector Legislative Reforms Commission had in a report last year proposed a unified regulator for the entire financial sector -- markets, insurance, commodities and pension. It had, however, proposed to keep banking out of its purview for now.
A glance back at some of the important ups and down Indian Inc faced in 2018.
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