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.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
The organisers of the much-anticipated Indian Premier League-style football league decided to defer the proposed tournament to September-November next year instead of early 2014.
'Yashji kept telling me if I don't play a loverboy, my career will not move ahead. I just went by his belief and it paid dividends. Yash Chopra has single-handedly made my career.' Shah Rukh Khan acknowledges the man who gave him success.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
While all political parties have been talking about following in the footsteps of the debutant Aam Admi Party by fielding fresh faces in the coming Lok Sabha polls, Bihar Chief Minister and Janata Dal-U leader Nitish Kumar has set the ball rolling by deciding not to renominate his party's three sitting MPs in the coming biennial elections to the Rajya Sabha scheduled for February 7. Anita Katyal reports.
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
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