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CHANDA KOCHHAR

Chanda Kochhar to go on leave pending enquiry into Videocon loan issue; ICICI Bank appoints Sandeep Bakhshi as COO

Reported by Firstpost
Chanda Kochhar, a career ICICI Group employee has been under the cloud since late March, when allegations of conflicts of interest and possible quid pro quo in lending to Videocon group, along with lack of disclosures by the bank, made headlines. »more

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News video: Child's play for Brazilian toddlers at World Cup
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News video: ICICI Bank CEO Kochhar to Go on Leave as Allegations Probed
▶ ICICI Bank CEO Kochhar to Go on Leave as Allegations Probed 01:55

News video: England supporters go wild in Peterborough after Harry Kane's last-minute goal
▶ England supporters go wild in Peterborough after Harry Kane's last-minute goal 01:25

News video: How Google Plans to Tap Into China's Retail Market
▶ How Google Plans to Tap Into China's Retail Market 08:12

News video: PM Modi Wishes Gandhi As He Turns 48
▶ PM Modi Wishes Gandhi As He Turns 48 00:53

News video: Monday Sector Laggards: General Contractors & Builders, Agriculture & Farm Products
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News video: Dow, S&P 500 dip amid trade-war fears
▶ Dow, S&P 500 dip amid trade-war fears 01:07

 
TRADE WAR

Global Markets: Trade war worries slam China and emerging markets

LONDON (Reuters) - Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade dispute between the United States and China escalated further.
Reuters India

 
VIJAY MALLYA

Vijay Mallya diverted over Rs 3,700 cr bank loan funds to F1, IPL, for private jet sorties, says ED chargesheet

ED named Vijay Mallya and his firms - Kingfisher Airlines Limited and United Breweries (United Breweries Holdings Limited) - in its voluminous prosecution complaint filed before a special Mumbai court under the Prevention of Money Laundering Act.
Firstpost

 
FIFA WORLD CUP / ENGLAND

FIFA World Cup: Kane's late header helps England win against Tunisia

[Russia], June 19 (ANI): England battled to victory over Tunisia with a fantastic 2-1 in a Group G fixture of the FIFA World Cup in Volgograd, Russia.
Sify

 
INTERPOL

Interpol not prompt on Nirav Modi: CBI

Nirav Modi has travelled to the UK, France, the US, Hong Kong and Belgium in the last three-four months, mostly using his revoked Indian passport (no Z1781888). This included his train journey on June 12 from London to Brussels.
IndiaTimes

 
MINISTER
Why Union Minister Arun Jaitley's theory about a construction revival winning jobs merits a fact-check
The services sector, and not construction, has played a better role in supporting the India growth story in recent years.
Firstpost

 
GOOGLE
Google to invest $550 million in Chinese e-commerce giant JD.com
(Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com
Firstpost

 
NASDAQ
Wall Street dips but off earlier lows; Nasdaq flat
By Chuck Mikolajczak NEW YORK (Reuters) - The Dow and S&P were modestly lower on Monday, having recovered from earlier lows, as gains in energy shares helped curb declines stemming from trade war concerns after China's retaliation to U.S. tariffs. U.S.
Firstpost

 
BRAZIL
Brazil, India corporate debt most vulnerable to rate hikes - McKinsey
LONDON (Reuters) - A 200 basis-point increase in interest rates could spark a sharp rise in the proportion of emerging market corporate debt issues at risk of default, with Brazilian and Indian firms most vulnerable, a report from McKinsey Global Institute showed.
Firstpost






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