Bakhshi, who is the MD & CEO of ICICI Prudential Life Insurance Company since August 1, 2010, will report to the Board during the period of Kochhar's leave.
The cases under scanner include the bank's Rs 3,250 crore loan to Videocon Group in 2012 and the involvement of Kochhar family members in restructuring of the loan.
According to the ICICI Bank, the SEBI has sought response on alleged non-compliance of the “erstwhile ‘Listing Agreement’ and the ‘Listing Obligations and Disclosure Requirements) Regulations, 2015’”.
Kochhar was stopped from leaving the country as the CBI had issued a Lookout Circular (LoC) against him, officials said.
The department has also sent a detailed questionnaire, seeking details of the firm's operations, to be answered by him.
CBI sources said that Chanda Kochhar, against whom conflict of interest questions have been raised, has not been named in the preliminary inquiry as of now.
Telecom firms such as Videcon, Loop and S Tel are said to be in deliberations to sue the government for damages following the 2G 'scam' verdict.
The Supreme Court judgement in 2012 had cancelled 122 telecom licence in 2G spectrum allocation done under the regime of Raja, which included 15 licences of Videocon.
As per the CAG report, the five companies understated revenue to the tune of Rs 14,813.97 crore.
New Delhi: Bharti Airtel‘s net profit rose by 2.8 percent in the fourth quarter (January-March) of 2015-16, a company statement said on Wednesday. The consolidated net profit of the company increased to Rs 1,290 crore
Bharti Airtel on Thursday said it will acquire Videocon Telecom's radio frequency spectrum in six circles for Rs.4,428 crore in yet another deal after the government liberalised the trading and sharing of scarce airwaves among operators.
New Delhi: Videocon Mobile Phones on Wednesday launched its Z45 Dazzle smartphone with a stunning marble finish and available at all leading online and retails stores at a cool price of Rs.4,899.The company also introduced
New Delhi: The petroleum ministry will launch the tenth round of bidding for oil and gas production contracts under the New Exploration and Licensing Policy (NELP) by the end of fiscal 2015-16, Petroleum Minister Dharmendra
Mumbai: Home-grown consumer durables major Videocon has launched its first ever Wi-Fi AC range for the Indian market. The new ACs can be controlled from anywhere in the world using a smartphone app.Videocon claims that
New Delhi: The Reserve Bank of India has released the names of applicants of small finance banks and payment banks. The RBI received 72 applications for small finance banks and 41 applications for payments banks.The
New Delhi: Enforcement Directorate (ED) has issued a Rs 660 crore showcause notice to consumer electronics major Videocon Group on charges of violation of foreign exchange laws.The notice, under provisions of the Foreign Exchange Management
New Delhi: Videocon Telecom has tied up with Chinese equipment firm Huawei Technologies for rolling out 4G network in six out of its 7 service areas. “Videocon Telecom is rolling out LTE-ready Packet Core network from
New Delhi: Videocon Industries, on November 5, said that a well drilled to confirm an oil discovery in its Brazilian offshore block has struck 200 feet of high-quality hydrocarbon zone."The Wahoo-5 appraisal well at (block)
New Delhi: Videocon Industries has reported 78.78 per cent decline in standalone net profit at Rs 10.63 crore for the first quarter ended June 30, 2013, mainly on account of the sharp increase in finance
New Delhi, Aug 1: Videocon Mobiles Phones Division has launched its budget Android smartphone Videocon A24 in the Indian market at Rs 4,699.It is a dual-SIM phone that runs on the latest Android 4.2.2 Jelly
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