ICICI moves HC to claw back Kochhar’s bonuses

The ICICI Bank has approached the Bombay high court seeking to bring the “termination of appointment” of Chanda Kochhar as its MD and CEO into effect, and also sought recovery of various amounts from her

Amazon to create one million jobs by 2025

E-commerce giant Amazon said it will create a million new jobs by 2025. The announcement came a day after commerce and industry minister Piyush Goyal played down the Seattle-based company’s $ 1-billion investment in India as “not doing a favour...

Anil Agarwal-led Sesa Sterlite, which was renamed as Vedanta recently, has been hit hard by falling crude prices as it booked nearly Rs 200 billion ($3 billion) as “goodwill impairment charges” related to its oil and gas business.

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