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
Chinese construction

With 90 tents and heavy contruction material, Doklam witnesses fresh Chinese buildup

It is now being said that a "major construction" work on the 12-kilometre stretch started on March 23 and the PLA is looking to connect Doklam with a Chinese military base named Yatung. Over 10 construction vehicles, five temporary sheds, 30 other heavy vehicles and about 90 tents that house the army and the construction workers. Jul 27, 2018