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ICICI Bank Loan of 3250 Cr Loan to Videocon a mockery of Indian Banking lending. Promoter Venugopal Dhoot forms JV with Chanda Kochhar’s husband under scanner!

The board of directors of ICICI Bank decided to back MD and CEO Chanda Kochhar against allegations of quid pro quo in the ICICI-Videocon deal on the basis of an internal evaluation carried out by Chairman MK Sharma, according to sources in the know. No third party or external consultancy, accounting or forensics firm was […]
Breaking News Cover Story World

India’s E-Commerce Market may face fresh troubles as consumer behavior goes for a change!

Indian e-commerce giant, Flipkart’s losses have increased 68 per cent to ₹8,771.4 crore during 2017 compared with the year-ago period while revenues grew 29 per cent to ₹19,854.6 crore.Flipkart’s acquired businesses during the year contributed to a revenue of ₹553.3 crore and a loss of ₹156 crore for the periods from their respective acquisition dates […]
Breaking News Cover Story Politics

Mamata for Kejri, Kejri pleads not for profit, what next?

Political parties either slammed the Election Commission or demanded the resignation of Delhi Chief Minister Arvind Kejriwal on Friday in reaction to the Election Commission’s recommendation to the President to disqualify 20 Delhi AAP MLAs for holding offices of profit as parliamentary secretaries. However, even if the MLAs are disqualified, AAP will continue to enjoy […]