Diageo wins $ 135mn claim against Mallya in UK court



At the heart of Friday’s case lay an ICICI Bank loan owed by Mallya’s Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.



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Kochhar contests bonus clawback, ESOP termination



Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company.



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Sensex logs 9th straight loss, crashes 372 points



The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major’s shares tanked over 20 per cent.



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Sensex crashes 363 pts as US-China trade talks derail



In the Sensex pack, Yes Bank, Tata Motors, Bajaj Finance, Tata Steel, HDFC twins, IndusInd Bank, RIL, Asian Paints, Hero MotoCorp, Axis Bank, M & M, HUL, Bajaj Auto, NTPC, HCL Tech, Kotak Bank and Infosys fell up to 5.30 per cent.



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ED summons Chanda Kochhar on May 3



ED orders Chanda Kochhar to appear with asset lists also provide income-tax returns in her individual capacity and of companies if she was a director or held any position.



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Sensex, Nifty suffer 3rd straight loss on crude woes



On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC — ending up to 2.33 per cent lower.



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