ICICI Bank

Crippled by bad loans, ICICI posts first ever loss in 16 years

Hurt by higher provisions for bad loans and bond losses, as well as the ongoing investigation into former Chief Executive Chanda Kochhar, ICICI Bank posted its first loss in 16 years, reporting Rs 1.2 billion in losses for the first fiscal quarter. Jul 28, 2018
A Facebook panel

Despite ban, Facebook opens office in China

The social networking giant has quietly opened a subsidiary company registered in Hangzhou, which will work as an innovation hub for start-ups and local developers. Jul 25, 2018