ED arrests businessman Deepak Kochhar, husband of ex-ICICI Bank CEO Chanda Kochhar, in money laundering case
The ED had slapped money laundering charges against the Kochhars and their business entities for 'illegal sanctioning of loans amounting to Rs 1,875 crore to the Videocon Group of companies'.
DoT likely to add Videocon dues of Rs 2,041 cr to Airtel's AGR bill; may not include Aircel's liabilities in Sunil Mittal-led telco
The DoT has pegged Airtel’s AGR dues at around Rs 35,586 crore, Videocon’s liabilities at 2,041 crore and Aircel’s dues at Rs 11,950 crore.
Videocon loan case: With Chanda Kochhar knocking HC’s door challenging termination, ICICI board’s actions are back in spotlight
The first time the case caught public attention, ICICI Bank and its board had fiercely defended Chanda Kochhar without carrying out a detailed probe into the merits of the case
Bombay High Court allows former ICICI Bank chief executive Chanda Kochhar to amend petition challenging termination
Last week, Kochhar had moved the high court against her ex-employer for terminating from the job when ICICI Bank had accepted her request for early retirement last year.
Last week, Chanda Kochhar and her husband were summoned by the ED for questioning in connection with ICICI Bank-Videocon loan case.
Govt sees little hope of a bidder emerging for debt-laden Jet Airways; could face bankruptcy proceedings: Report
Jet’s borrowings are small compared to those of other big defaulters such as Videocon and some steel companies, so lenders likely can wait for some more time before commencing bankruptcy proceedings,
Essel Group promoters open to selling over 50% of their stake in Zee Entertainment, in talks with over 2 buyers
As on 31 December, 2018, promoters held 41.62 percent stake in ZEEL Entertainment Enterprises Ltd
The investment would be done by subscribing 300 crore shares of face value of Rs 10 each issued by Dish Infra Services
The consent was achieved during the second round of a detailed meeting between Essel Group Promoters and lending entities, the group said in a statement.
Arun Jaitley advises CBI to steer clear of 'adventurism', but finance minister doesn't practise what he preaches
Finance Minister Arun Jaitley is upset because he believes the CBI action against ICICI Bank is "investigative adventurism", not a "professional investigation".
Videocon loan row: PSU bankers question why RBI delayed in acting against ex-ICICI CEO Chanda Kochhar
A section of public sector bankers on Thursday raised questions about the RBI seeking powers to regulate state-owned banks saying it apparently failed to act against officials in the ICICI Bank-Videocon matter despite claiming to have enough powers to deal with private sector lenders.
Chanda Kochhar era over at ICICI Bank: Why the timing of CEO's 'early retirement' raises more questions
On Thursday, ICICI Bank’s shareholders appeared to be more than happy with their beloved chief executive officer (CEO) calling it a day in the bank
Sebi may soon summon Chanda Kochhar, husband Deepak; board to discuss coordinated efforts with govt, RBI
The bank and Kochhar have been maintaining there has been no regulatory violation on their part and that she was not aware of specific business dealings of her husband.
Videocon loan row: ICICI Bank chairman says Srikrishna panel report on Chanda Kochhar expected in two months
ICICI Bank Chairman GC Chaturvedi said on Thursday that the decision on the continuance of managing director and CEO Chanda Kochhar will be taken after the Justice B N Srikrishna panel report -- probing certain allegations against her -- is finalised, which is likely in two-and-a-half months
Reserve Bank of India (RBI) is examining as to whether banks have followed prudential norms in respect of these stressed assets, a senior public sector bank official said.
ICICI Bank orders independent probe on whistleblower's complaint of 'conflict of interest' against CEO and MD Chanda Kochhar
The board of ICICI Bank expressed full faith in Chanda Kochhar, whose current tenure as CEO is set to end on 31 March, 2019. It had reviewed credit approval processes and found them to be robust, according to a 28 March filing by the bank.
Venugopal Dhoot was responding to summons issued by the I-T Department recently and was questioned by officials at its south Mumbai office for around four hours on Tuesday.
Videocon insolvency: SBI-led lenders drag over a dozen firms of Venugopal Dhoot-run group to bankruptcy court
The Videocon entities include Century Appliances, PE Electronics, Sky Appliances, Trend Electronics and Value Industries.
There are allegations of conflict of interest and nepotism involving the bank and Kochhar in extending a loan to the Videocon Group.
The Central Bureau of Investigation (CBI) has said that Deepak Kochhar, who has been named in a preliminary enquiry, will be called for questioning.