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News digest: Sebi deadline for ICICI bank, MSP hike, Sukhoi crash, and more

Kochhar did not respond to the notice by the June 7 deadline

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BS Web Team New Delhi
Chanda Kochhar asked to reply to Sebi show cause notice by July 10

The Securities and Exchange Board of India (Sebi) has set a fresh deadline for ICICI Bank and its managing director and chief executive officer, Chanda Kochhar, to reply to a show-cause notice over alleged violation of listing disclosure norms. Read more


HAL's Sukhoi Su-30 aircraft crash to cost insurer Rs 2.5 billion

State-owned general insurer New India Assurance will have to fork out around Rs 2.5 billion in insurance claims to Hindustan Aeronautics Ltd (HAL), following the crash of its