Chanda Kochhar, ICICI Bank's former managing director and chief executive officer, has moved the Bombay High Court, challenging the decision of the bank's board earlier this year to terminate her employment and claw back the bonuses and stock options she received between April 2009 and March 2018.

A division Bench of the high court comprising Justice Ranjit More and Justice Makarand Karnik will hear Kochhar's plea on December 2. With this, the stage is set for an intense legal battle between the bank and its former CEO.

Reliance Infratel, which controls towers and fibre assets, is one of the three companies that are on offer as part of the process under the Insolvency and Bankruptcy Code (IBC).

The Supreme Court on Friday dismissed a plea challenging the post-poll alliance of Shiv Sena, NCP and Congress to form government in Maharashtra.

A bench of Justices N V Ramana, Ashok Bhushan and Sanjiv Khanna said constitutional morality is different from political morality.

In a government school in Uttar Pradesh's Chopan block one litre of milk was allegedly mixed in a bucket of water and served to 81 children as part of their midday meal, following which a teacher was suspended on Friday.

The incident reportedly took place on Wednesday and it came to light after a video went viral.

The bad news is getting worse for India's economy and Prime Minister Narendra Modi is exhausting all options to stem the fallout. Data on Friday will likely show the economy had its weakest performance last quarter in more than six years, with the growth rate dropping below the symbolically important 5% mark. It's a culmination of several months of downbeat figures, from plunging car sales to shrinking factory output and an export slump.

As Uddhav Thackeray took oath as Maharashtra Chief Minister on Thursday, Shiv Sena mouthpiece Saamana has shred light on the relationship between PM Modi and Sena chief Uddhav Thackeray.

Sena mouthpiece Saamana in its article has said that the relationship between Uddhav Thackeray and PM Modi is that of brothers. These observations have come at a time when both the parties ended their 30-year-old alliance after they couldn't solve the deadlock over the Maharashtra government formation over the issue of the rotational chief minister.

Sri Lanka's new government led by President Gotabaya Rajapaksa wants to undo the previous regime's move to lease the southern port of Hambantota to a Chinese venture, citing national interest.

Former Prime Minister Ranil Wickremesinghe in 2017 changed the terms, saying it would be difficult to pay the loans taken to build the project.

Highway developer Dilip Buildcon on Friday said it has bagged a road project worth Rs 1,362.06 crore in Uttar Pradesh.

"The company has received the letter of acceptance (LoA)...from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for EPC project in the state," Dilip Buildcon said in a filing to BSE.

India's 42 scheduled commercial banks (SCBs) collectively wrote off Rs 2.12 trillion worth of loans in 2018-19, according to figures given by the finance ministry in Parliament. Not only was this 42 per cent higher than the Rs 1.5 trillion written off the previous year, but also about 20 per cent of all their non-performing assets (NPAs).

Banks generally take NPAs off their books to make their balance sheets look cleaner - with reduced liabilities and potential losses.

The iconic Shivaji Park in Mumbai is the birthplace of Shiv Sena and the playground of generations of cricket players, including Sachin Tendulkar. On Thursday evening,

Shiv Sena chief Uddhav Thackeray began his innings here as chief minister of Maharashtra, cementing a new non-Bharatiya Janata Party (BJP) coalition government in the country.

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