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
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.
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.
(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
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.
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.