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Amid U.S. threat, India, Russia set to sign three major deals

Amid U.S. threat, India, Russia set to sign three major deals

• Russian President Vladimir Putin landed in Delhi on Thursday for the annual India-Russia summit which could see the signing of military deals totalling close to $10 billion; a 24-hour visit that could have lasting implications for the India-U.S. relationship as...
ICICI Bank CEO Chanda Kochhar quits

ICICI Bank CEO Chanda Kochhar quits

• Chanda Kochhar, the managing director and chief executive officer of private sector lender ICICI Bank, has called it quits. • The development comes even as the Srikrishna committee, which is probing charges of conflict of interest against her, is yet to officially...
National sports awards given away

National sports awards given away

Flash bulbs worked overtime and made the sport stars shine brightly in the Durbar Hall of the Rashtrapati Bhavan as President Ram Nath Kovind presented the National sports and adventure awards on Tuesday. Starting with the Rajiv Khel Ratna to weightlifter Mirabai...
SoftBank leads $1 billion fund infusion into OYO Hotels

SoftBank leads $1 billion fund infusion into OYO Hotels

Hotel chain OYO said on Tuesday that it had raised a total of $800 million in the latest financing round led by SoftBank Investment Advisers (SBIA) through SoftBank Vision Fund, with participation from existing investors Lightspeed Venture Partners, Sequoia and...
Yes Bank forms search panel to hunt for Kapoor’s successor

Yes Bank forms search panel to hunt for Kapoor’s successor

• The board of Yes Bank has formed a search and selection committee for finding a successor to its managing director and chief executive officer Rana Kapoor. • Simultaneously, the bank has decided to request the Reserve Bank of India (RBI) to extend Mr. Kapoor’s term...
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