Supreme Court had ruled that the managing director and chair of a private bank are 'public servants' under the provisions of the Prevention of Corruption Act, 1988.
Former ICICI Bank CEO, MD Chanda Kochhar, her husband were arrested by CBI Friday for irregularities in loans worth Rs 3,250 crore sanctioned to the Videocon Group between 2009-12.
CBI arrested Kochhar & others in connection to alleged irregularities in loans sanctioned by the bank to the group in 2012, under the Prevention of Corruption Act, officials said Friday.
The probe is linked to alleged siphoning of bank loan funds in connection with the financing of the oil and gas assets of the business house in Mozambique, official sources said.
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.
Compared to the intellectual modernism of Calcutta or the climatically responsive architecture of Madras, Bombay’s modernism was visual, performative, and deeply embedded in everyday life.
Built as a novel concept to ‘democratise’ e-commerce in India, ONDC has seen limited success in specific pockets. But it’s still an emerging player in a highly competitive market.
New Delhi: The Indian Navy is set to commission INS Arnala, the country’s first Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), at Visakhapatnam dockyard on...
Return to hyphenation is dreaded because our successive govts have laboured for three decades to rid us of what we see as the equivalence big powers used to draw between us and Pakistan. Three things follow.
COMMENTS