Category: Power

Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar were questioned Monday for over eight hours by the Enforcement Directorate after they appeared before it in connection with an alleged bank loan fraud and money laundering case registered against them. The couple arrived at the Enforcement Directorate’s headquarters in Khan Market here shortly […]

Indian multinational major Larsen and Tourbo has denied any kind of involvement in the graft scandal that has hit technology major Cognizant. Cognizant, a longtime customer of L&T, had reached a settlement with the US Department of Justice and the US Securities and Exchange Commission (SEC) in which it has acknowledged violations of the US […]

India will by mid-2020s surpass China as the world’s largest energy growth market, accounting for over a quarter of incremental global demand, UK supermajor BP said in its annual energy outlook. The 2019 edition explores the key uncertainties that could impact the shape of global energy markets out to 2040. “The greatest uncertainties over this […]

The Supreme Court on Thursday rejected the Maharashtra government’s plea to close the Enron-Dabhol power project case wherein it was alleged the money was paid to politicians and bureaucrats to clinch the deal. A bench of Chief Justice Ranjan Gogoi and Justices Dinesh Maheshwari and Sanjiv Khanna asked the state government to inform by March […]