The Enforcement Directorate on Thursday summoned the entire top management of AirAsia including its past top executives. AirAsia’s Malaysia based-CEO Tony Fernandes is asked to appear before the official on 20th January. Summons have been issued under the Prevention of Money Laundering Act (PMLA). The case is related to an alleged violation of rules by…
Jagdish Khattar former managing director of Maruti Suzuki India Limited’s (MSIL) has been charged by the Central Bureau of Investigation (CBI) in an alleged criminal conspiracy, criminal misconduct and cheating Punjab National Bank to the tune of Rs 110 crore.
In a recent development in the case of Chanda Kochhar versus ICICI Bank, the former CEO has sought permission from the Bombay High Court to amend her petition in view of the reply given by the bank to the court. Kochhar had earlier (30th November) moved the court challenging her termination and subsequent clawback of…