"I intend to carry out my duties as a director to the fullest extent. I am a senior technocrat … and have tremendous experience in the business. I propose to leverage all of that experience and contribute to the growth of the company, and the business,” she told the financial daily. … [Read more...] about Murugappa Group may have first woman board member in Valli Arunachalam: Report
An SP Group spokesperson questioned the timing, pointing out that fundraising was also carried out in January 2020 and that security documents “clearly record that lenders would comply with AoA of Tata Sons” in case pledged shares are enforced. … [Read more...] about Tatas move Supreme Court over pledged shares by SP Group: Report
Shares of IndusInd Bank rose nearly 2 percent while those of Eveready Industries hit a fresh 52-week high of Rs 157.60, jumping 8 percent in morning trade on BSE on August 10. … [Read more...] about IndusInd Bank up 2%, Eveready hits 52-week high as bank acquires stake in battery maker
That signature in 2012 cost Chanda Kochhar everything she held dear. Blown to smithereens was an A-list reputation as an ace banker — something she had painstakingly built over three decades of hard work. Jeopardised were the prospects of a gracious exit from ICICI Bank, one of India’s largest. Torn asunder were chances of a lucrative career thereafter. … [Read more...] about ICICI-Videocon case: Deepak Kochhar arrested. Is Chanda Kochhar next?
In 2008, it was ruled that the punishment under NDPS Act would depend on the quantity of the drug seized by the police. However, the Supreme Court reversed the judgment earlier in 2020. As per the SC, traces of an offending drug is sufficient to declare the entire quantity. The punishment is rigorous imprisonment for no less than 10 years while it can be extended to 20 years. The offender is also liable to fine of no less than Rs 1 lakh. This may be extended to Rs 2 lakh. … [Read more...] about Rhea Chakraborty arrested for drug abuse: What do India’s laws say about the use of ganja and charas?