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ICICI Bank holds stake of just under 75% in ICICI Securities, data showed. The companies said they will hold separate board meetings on Thursday to consider delisting proposal.
According to Ajay Saraf, head of investment banking and institutional equities at ICICI Securities Ltd, the new roles will be concentrated in sectors such as technology and health care.
Former ICICI MD & CEO Chanda Kochhar’s husband Deepak Kochhar was arrested Monday and is currently in ED custody in connection with a money laundering probe.
The Singapore government’s sovereign wealth fund picked up 11.08 per cent of the placement, while a Morgan Stanley investment fund bought 7.31 per cent, the bank said.
Former ICICI CEO Chanda Kochhar is required to assist the investigating officer and her statement will be recorded under the Prevention of Money Laundering Act (PMLA)
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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