Free Press Journal
  • ICICI Bank shareholders seek clarity on Chanda Kochhar’s probe 

    Vadodara : The Chanda Kochhar saga dominated the annual general meeting of ICICI Bank here on Wednesday, with shareholders seeking clarity on the allegations of impropriety against the MD & CEO who is on an indefinite leave since June apart from demanding action against her.

  • Deepak Kochhar summoned in ICICI scam

    New Delhi : As the inspection progresses into six companies linked to ICICI Bank controversy, the Corporate Affairs Ministry will question Deepak Kochhar, husband of the bank’s chief Chanda Kochhar, later this month, a senior official said. Deepak Kochhar is the founder and CEO of NuPower Group. Alleged lapses involving Chanda Kochhar, her husband and other family members, with respect to a loan extended to Videocon by the lender have come under

  • Temasek to invest $400 mn in NIIF

    Mumbai : The National Investment and Infrastructure Fund (NIIF) on Thursday said Singapore-based Temasek has committed an investment of up to $400 million, or Rs 2,750 crore, in its ‘Master Fund’.

  • Indore: Others to take brooms as IMC sweepers take leave today

    Indore: NGOs and other voluntary organisations, corporators, private firm employees, municipal officers and Mayor Malini Gaud would pick up brooms as nearly 6500 employees of Indore Municipal Corporation (IMC) engaged in sweeping work take one day leave for Goga Navmi on Wednesday.

  • Panel calls for more teeth to Sebi to curb market manipulation

    New Delhi : Suggesting sweeping reforms, a high-level committee on Thursday recommended market watchdog Sebi to seek powers to intercept calls to aid investigations and also grant immunity to whistle-blowers blowing the lid off frauds and other violations.

  • RBI refuses to comment on ICICI Bank mess

    Mumbai: The Reserve Bank of India (RBI) today refused to comment on the corporate governance issues plaguing ICICI Bank whose MD and CEO Chanda Kochhar was asked to proceed on leave till an external enquiry into her alleged malafide actions favouring Videocon group and the companies of her husband Deepak Kochhar was completed.

  • BSE Sensex

    Sensex, Nifty scale new records for 6th day on corporate earnings

    Mumbai: Market benchmark BSE Sensex rose by 157 points to close at new life-time high of 37,494.40, continuing its record-setting spree for the sixth session driven by gains in index majors like Reliance and Bharti Airtel.  The broader NSE Nifty settled up 41.20 points, or 0.37 per cent, at a fresh record high of 11,319.55, bettering its previous all-time of 11,278.35 hit on Friday following better-than-expected earnings by corporates.

  • Videocon-ICICI loan case, CBI, Chanda Kochhar, Chanda kochhar's brother in law, Rajiv Kochhar, CBI inquiry, ICICI, Videocon

    ICICI Bank posts first loss in decade over bad loans

    Mumbai : Private sector lender ICICI Bank on Friday posted its first quarterly loss, in at least a decade, as it had to set aside more funds as provisions to cover bad loans. The June quarter loss stood at Rs 120 crore.

  • soorma, chitrangada singh, soorma movie, chitrangada singh's first venture, diljit dosanjh, taapsee pannu, soorma trailer, sandeep singh, sandeep singh biopic

    We have many reasons to be proud Indians: Chitrangda Singh

    Mumbai: Actress-turned-producer Chitrangda Singh, gearing up for the release of her forthcoming production “Soorma”, says she feels a sense of pride in being an Indian. Chitrangda interacted with the media on the sidelines of the fifth edition of NRI of the Year Awards ceremony hosted by ICICI Bank and Times Now here on Wednesday.

  • ICICI Bank eyes Rs 2L-cr home loan book by FY20

    Mumbai : ICICI Bank on Wednesday said its mortgage loan portfolio crossed the Rs 1.5-trillion (Rs 1.5 lakh crore) milestone, making it the largest private player in the segment, and the lender is targeting to grow it to Rs 2 trillion by FY20.

  • ICICI Bank appoints ex-IAS Girish Chaturvedi as non-executive chairman

    New Delhi: ICICI Bank today said it has appointed former petroleum secretary Girish Chandra Chaturvedi as the company’s non-executive chairman. The term of office of incumbent M K Sharma expires on June 30, 2018, ICICI Bank said in a statement.

  • Sensex rebounds 200 pts as July F&O series opens strong

    Mumbai: Reversing a two-session slide, the benchmark BSE Sensex rose over 200 points and the Nifty reclaimed the 10,600-mark in early trade today on fresh buying by investors as the July derivatives contracts started on a strong note amid recovery in the rupee.

  • Chanda Kochhar gone, message is loud & clear

    As the country just began to come out of the shock of Jeweller Nirav Modi, who allegedly duped the nation’s major bank, the Punjab National Bank and found his way out of India not to return unless a miracle takes place, yet another scandal came down bitterly and heavily on banking circle; this time it was Bank of Maharashtra, that went out of the way to oblige Pune’s super-builder S R Kulkarni, who, along