The Summit could look at the possibility of starting credit facility in local currency by the BRICS Bank.
The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
Stating that he is looking forward to working with talented Infoscions, Vishal Sikka said, "I am honoured to lead Infosys, an iconic company built by pioneers in the technology industry. I look forward to working with and learning from talented Infoscions around the world."
The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.
The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
The 5-nation BRICS group on signed an agreement to create a $100 billion pool of foreign-exchange reserves to help each other.
Puri pointed out that government's work on agricultural constituents like functioning of the APMCs, irrigation and direct benefit transfers will help the supply side
'To all those then who talk about ending Brahminical hegemony, my advice is: Get the Brahmins on your side,' says Syed Firdaus Ashraf.
Kv Kamath has big plans as BRICS Bank chief.
'The Nagas want a flag of their own, to share the Kohima skyline with the national tricolour.' 'The the government says you can have a flag for cultural and ethnic occasions.' 'The Nagas say that will be a bit like an NGO having its own flag,' argues Shekhar Gupta.
Pavin Rao, a 28-year company veteran, to be second-in-command at Infosys.
'I remember the confusion over the slogan, 'Karenge Ya Marenge! (Do Or Die!)'.' 'I think this confusion arose because Gandhiji was arrested.' 'People used to wonder: What are we supposed to do?' 'How are we supposed to die?' 'How are we to fight the British?'
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
Slow growth over several quarters has drawn criticism from various stakeholders including the shareholders.
The various theories and statements about the culpability/innocence of 1993 blasts accused Yakub Memon present him with a Rashomon act, says Syed Firdaus Ashraf.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
Delhi University had claimed that unless the roll number of a student is not provided, it would be difficult to search the records.
The board meeting is likely to take place later in Shanghai.
The much-awaited Mahatma Gandhi's bronze statue at Britain's historic Parliament Square will be unveiled on March 14
India Inc has too much on its plate to ensure double digit growth in FY16.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
The meeting will be attended by all heads and EDs of public sector banks
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
Kamath also said that the new bank, set up by India and four other members of the BRICS grouping, will strive to approve its first loan before end of the current fiscal.
KV Kamath has had a tough journey so far.
'Judging by the conduct of two governors of Kerala and one governor from Kerala, Congressmen treated Raj Bhavan as a transition point before taking a flight back into active politics.'
'Making the railways better is a different type of a challenge.'
When Narendra Modi called for a debate on 370, he was simply reiterating a demand made long back, it was not a dilution of any stated position, nor was it a display of opportunism, it was rather a demand for the assertion of India's unity, says Dr Anirban Ganguly.
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
Narendra Modi is squandering a mandate for change on feeble, unimaginative incrementalism.
'If 17-year-old Modi wanted to get out of the marriage, which was imposed on him by a socially backward society and his family, it's not only ethical but his right to walk out of the forced marriage...' 'Jashodaben, a highly conservative woman who understandably, by the social standards of India of the 1960s, opted to remain confined to the marriage instead of kicking Modi out from her life for not starting the marriage in the real sense...''In spite of media pressure, if she does not speak against Modi, it suggests that Modi has not ill-treated her or exploited her after parting ways.' Rediff.com's Sheela Bhatt speaks to people in the know about the controversy over Narendra Modi's marriage.
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