The CBI is conducting a full blown investigation into the case which centres around NuPower Renewables, a company operated by Deepak Kochhar, ICICI Bank's former CEO Chanda Kochhar's husband.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Very unfortunate. K V Kamath was a large hearted man, someone who groomed not one but a whole batch of potential successors. So it was surprising, and not good for the institution, when the appointment of Ms Chanda Kochhar as CEO led to all of them leaving. One cannot recall, offhand, the name of the man who has replaced her, although he worked with her throughout her tenure. Whether it was her dress sense or her persona, for a decade it was something like India is Indira and Indira is India. The stock has underperformed its peers, ICICI Bank has had a much larger NPA problem than HDFC Bank. For about two years, the complaint which ultimately felled her was lying unattended in a host of important offices, each of which had the power and authority to take things to a swift, logical conclusion.
Very unfortunate. K V Kamath was a large hearted man, someone who groomed not one but a whole batch of potential successors. So it was surprising, and not good for the institution, when the appointment of Ms Chanda Kochhar as CEO led to all of them leaving. One cannot recall, offhand, the name of the man who has replaced her, although he worked with her throughout her tenure. Whether it was her dress sense or her persona, for a decade it was something like India is Indira and Indira is India. The stock has underperformed its peers, ICICI Bank has had a much larger NPA problem than HDFC Bank. For about two years, the complaint which ultimately felled her was lying unattended in a host of important offices, each of which had the power and authority to take things to a swift, logical conclusion.