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Chanda Kochhar
Chanda Kochhar ( Advani, born 17 November 1961) is an Indian banker. She was the managing director (MD) and chief executive officer (CEO) of ICICI Bank from 2009 to 2018 She resigned from her positions in 2018 due a case of conflict of interest. Subsequently, she was fired by ICICI Bank, a decision which was later upheld by the Supreme Court of India. Kochhar is facing allegations of money laundering charges in India. She has been arrested by Central Bureau of Investigation in December 2022, in a case linked to alleged loan fraud charges. In 2019, the case has been filed for giving high-value loans to Videocon with conspiracy during 2009. Early life and education Kochhar was born in Jodhpur, Rajasthan in a Hindu Sindhi family. She was educated at St. Angela Sophia School, Jaipur. She moved to Mumbai, where she joined Jai Hind College and earned a bachelor of commerce degree from the University of Mumbai. After graduating in 1982, she studied cost accountancy at the Institu ...
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Jodhpur
Jodhpur () is the second-largest city of the north-western Indian state of Rajasthan, after its capital Jaipur. As of 2023, the city has a population of 1.83 million. It serves as the administrative headquarters of the Jodhpur district and Jodhpur division. It is the historic capital of the Kingdom of Marwar, founded in 1459 by Rao Jodha, a Rajput chief of the Rathore clan. On 11 August 1947, 4 days prior to the Indian independence, Maharaja Hanwant Singh the last ruler of Jodhpur state signed the Instrument of Accession and merged his state in Union of India. On 30 March 1949, it became part of the newly formed state of Rajasthan, which was created after merging the states of the erstwhile Rajputana. Jodhpur is a famous tourist spot with a palace, fort, and temples, set in the stark landscape of the Thar Desert. It is also known as the 'Blue City' due to the dominant color scheme of its buildings in the old town. The old city circles the Mehrangarh Fort and is bou ...
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Telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of transmission may be divided into communication channels for multiplexing, allowing for a single medium to transmit several concurrent Session (computer science), communication sessions. Long-distance technologies invented during the 20th and 21st centuries generally use electric power, and include the electrical telegraph, telegraph, telephone, television, and radio. Early telecommunication networks used metal wires as the medium for transmitting signals. These networks were used for telegraphy and telephony for many decades. In the first decade of the 20th century, a revolution in wireless communication began with breakthroughs including those made in radio communications by Guglielmo Marconi, who won the 1909 Nobel Prize in Physics. Othe ...
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Conflict of interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a specific social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other ("competing interests"). This is important because under these circumstances, the decision-making process can be disrupted or compromised, affecting the integrity or reliability of the outcomes. Typically, a conflict of interest arises when an individual occupies two social roles simultaneously, gene ...
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Whistleblower
Whistleblowing (also whistle-blowing or whistle blowing) is the activity of a person, often an employee, revealing information about activity within a private or public organization that is deemed illegal, immoral, illicit, unsafe, unethical or fraudulent. Whistleblowers can use a variety of internal or external channels to communicate information or allegations. Over 83% of whistleblowers report internally to a supervisor, human resources, compliance, or a neutral third party within the company, hoping that the company will address and correct the issues. A whistleblower can also bring allegations to light by communicating with external entities, such as the media, government, or law enforcement. Some countries legislate as to what constitutes a protected disclosure, and the permissible methods of presenting a disclosure. Whistleblowing can occur in the private sector or the public sector. Whistleblowers often face retaliation for their disclosure, including termination of emp ...
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Padma Bhushan
The Padma Bhushan (IAST: ''Padma Bhūṣaṇa'', lit. 'Lotus Decoration') is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri. Instituted on 2 January 1954, the award is given for "distinguished service of a high order ... without distinction of race, occupation, position or sex". The award criteria includes "service in any field including service rendered by Government servants" including doctors and scientists, but exclude those working with the public sector undertakings. , the award has been bestowed on 1341 individuals, including 38 posthumous and 101 non-citizen recipients. The Padma Awards Committee is constituted every year by the Prime Minister of India and the recommendations for the award are submitted between 1 May and 15 September. The recommendations are received from all the state and the union territory governments, as well as from Ministries of the Government o ...
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Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of countries and dependencies by area, second-largest country by total area, with the List of countries by length of coastline, world's longest coastline. Its Canada–United States border, border with the United States is the world's longest international land border. The country is characterized by a wide range of both Temperature in Canada, meteorologic and Geography of Canada, geological regions. With Population of Canada, a population of over 41million people, it has widely varying population densities, with the majority residing in List of the largest population centres in Canada, urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and List of census metropolitan areas and agglomerations in Canada, ...
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Carleton University
Carleton University is an English-language public university, public research university in Ottawa, Ontario, Canada. Founded in 1942 as Carleton College, the institution originally operated as a private, non-denominational evening college to serve returning World War II veterans. Carleton was chartered as a university by the provincial government in 1952 through ''The Carleton University Act,'' which was then amended in 1957, giving the institution its current name. The university is named after the now-dissolved Carleton County, Ontario, Carleton County, which included the city of Ottawa at the time the university was founded. Carleton is organized into five faculties and with more than 65 degree programs. It has several specialized institutions, including the Arthur Kroeger College of Public Affairs, the Norman Paterson School of International Affairs, the Carleton School of Journalism, the School of Public Policy and Administration, and the Sprott School of Business. As of 2 ...
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World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation's stated mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The foundation is mostly funded by its 1,000 member Multinational corporation, multi-national companies. The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the canton of Graubünden, in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss list of global issues, global issu ...
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Institute Of International Finance
The Institute of International Finance (IIF) is the association or trade group for the global financial services industry. It was created by 38 banks of leading industrialized countries in 1983 in response to the international debt crisis of the early 1980s, This section in UNESCAP's annual report reviewed the IIF along with the International Monetary Fund (IMF) and Bank for International Settlements (BIS) and credit rating agencies in terms of financial monitoring and surveillance. By March 1998 a new paradigm had emerged in terms of regulation and policy-making in a new era of global finance with increasingly "sophisticated and rapidly changing markets." At a conference on debt and development White argued that "policy makers and regulators" would have to "rely increasingly on market-led processes to provide the discipline required to lead to prudent and stabilizing behaviour." and has since expanded to represent more than 400 firms from more than 60 countries. IIF members inclu ...
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National Institute Of Securities Markets
The National Institute of Securities MarketsNISM is a public trust established in 2006 by the Securities and Exchange Board of IndiaSEBI the regulator of the indian securities markets in India. It is under the ownership of the Securities and Exchange Board of India, working of Ministry of Finance inGovernment of India. History In the Budget Speech of February 2006, P Chidambaram, the erstwhile Union Finance Minister, proposed to authorize the Securities and Exchange Board of India to set up a National Institute of Securities Markets for teaching and training intermediaries in securities markets and promoting research. Accordingly, NISM was established in 2006. NISM seeks to add to market quality through educational initiatives. It is an autonomous body governed by its Board of Governors. An International Advisory Council provides strategic guidance to NISM. Structure The activities of NISM are carried out under six schools. These are as follows: School for Securities Ed ...
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International Monetary Conference
The International Monetary Conference (IMC) is a non-profit organization that convenes a yearly gathering of senior financial industry executives. It has been described as "an annual conference of the CEOs of the largest banks around the world". Overview The IMC was created in 1954. As of 2023, it comprised 58 banks from 31 countries. The conference invites experts and senior policymakers, including central bank governors and senior officials from multilateral organisations including the International Monetary Fund and World Bank. It has been established as a tax-exempt entity in Washington DC since 1973. In 2023, the IMC was held on the sides of the 2023 United Nations Climate Change Conference (COP28) in Dubai and was chaired by John C. Dugan, chairman of Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in ...
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ICICI Lombard
ICICI Lombard General Insurance Company Limited is an Indian general insurance company headquartered in Mumbai, Maharashtra. ICICI is engaged with general insurance, reinsurance, insurance claims management and investment management. The company has a Gross Written Premium of ₹217.71 billion (FY2023). It offers policy insurance and renewal through its intermediaries and website. It markets assurance products including Car Insurance, Health Insurance, International Travel Insurance, Overseas Student Travel Insurance, Two Wheeler Insurance, Home Insurance and Weather Insurance. History Founded in 2001, ICICI Lombard General Insurance Company is a joint venture between ICICI Bank- India’s second-largest bank, and Fairfax Financial Holdings Limited- a financial services company based in Toronto. ICICI Bank had 64% stake in the venture while Fairfax had 36% in the joint venture. ICICI Lombard General Insurance is the largest private-sector general insurance company in ...
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