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There is an undeniable churn in the leadership of India's biggest private sector bank. The first woman to head India's second biggest private sector lender by assets Chanda Kochhar called time on her three decade carrer at ICICI even as a probe continues into alleged irregularities in granting of some loans during her nine-year chief executive tenure. The board said the probe will remain unaffected by Kochhar's exit and certain benefits will be subject to the outcome of the enquiry. ICICI Bank's board accepted Kochhar's plea for early retirement on Thursday, elevating cheif operating officers Sandeep Bakhshi to the CEO role for five years. Bakhshi who was acting as the de-facto CEO after Kochhar was send on leave, pending an independent investigation into allegations of conflict of interest in sancting the loans to Videocon Group.  ICICI Bank said in a statement "The Board of Directors accepted the request of Chanda Kochhar to seek early retirement from ...

"It's not because they are better than dolphins, parrots, seals and cats at doing things." There is no reason for dog lovers to be disheartened or annoyed by assertions in a recently published paper in a scientific journals that there are several other animals that equal or surpass canine talents. It really does not matter to most of them that canines cannot recognise themselves in a mirror unlike chimpanzees and dolphins and that they don not have an episodic memory as pigs, pigeons and chimpanzees have. Nor do most of them care if dolphins, pigs, goats and seals are as good as dogs at following pointing and if sheep, pigeons and chimpanzees can also identify humans by face as dogs do. It is irrelevant that pigs can also distinguish human by their smell and cats can recognise voices. Even the fact that some types of bears, badgers, otters, pandas and chimpanzees are as good as dogs when it comes to using tools is not germane. After all, dogs are not a human's bes...

Mumbai:- The board of Apollo Tyres will be approaching shareholders for a fresh approval of MD Neeraj Kanwar's compensation, an issue that had irked a section of the investors at the company's last AGM and led them to vote against his reappointment. In a meeting held on Monday, the board backed Kanwar's leadership and decided to discuss afresh the issue of reholders. After that, it will re-nominate Kanwar to be re-appointed as MD, with effect from May 28 next year. "The board has reiterated it's unanimous approval of Neeraj Kanwar's leadership," the company told stock exchanges. "The board will now seek shareholders guidance and independent counsel on a compensation level commensurate with the position. Once this process is complete, it will re-nominate Neeraj Kanwar to be re-appointed." The company is most likely to go for a second round of Voting with shareholders, after taking up the matter of his salary with them and with the Nomination...

Sir Martin Sorrel is a man always in the thick of global advertising news. Last week, he made a grand comeback on the London Stock Exchange  as the shares in his new business S4 Capital traded for the first time. A deja vu moment for the man who was at the helm of WPP  for a record number of years before his unceremonious exit earlier this year. To his credit, he did not take a long to get back in the saddle and start doing what he does best, which includes making headlines. Post to acrimonious exit from WPP, Sorely launched his new advertising venture with the acquisition of Dutch firm, MediaMonks. A few days back while unveiling the nearly 200 pages thick company prospectus, he made news again with his stated position on the ''future of advertising', one that doesn't include the creative agency as we know it. In fact it implies cutting them out of the loop entirely because they don't seem to play a crucial role in advertising anymore. While everybody and ...

INDIAN CONTRACT ACT "Indian Contract Act 1872 is the main source of law regulating contracts in India". INTRODUCTION:-  It is the central government law which is applicable to all business organization for forming various valid contracts. It is a pre-independence Act passed by British Government on 7 September, 1871. It is based on English Common Law which passed a draft for India in 1865 for the business. This law create valid contract with different essentials of the contract. The performance and discharge of the contract is known by business executive with the help of this law. In case of the Breach of Contract, Various legal contract was available to pay the compensation to the affected party. This Indian Contract consists of total 75 Section. APPLICABILITY OF THE LAW:- As it is a Central Government Law, this law is applicable to all state of India including Union territories but except Jammu & Kashmir. This law is applicable to all the factory, mines, plant...

"Research is to see what everybody else has been seen and to think what nobody else has thought" ◆ A Research design could be defined as the blueprint specifying every stage of action in the course of research. ◆ Research design is the arrangement of conditions of collection and analysis of data in a manner that aims to combine relevance to the research purpose with economy in procedure. Definition of Research Design:- Research design is the plan, structure and strategy of investigation conceived so as to obtain answer to research question and to control. Research Design is categorize below in the given diagram:- Research Design would help to answer the following:- ●  What is the study about?. ● Why is the study being made?. ● Where will be study be carried out?. ● What type of data and where it would be collected?. ● What is the period of study?. ● Whether any sample would be used?. ● What type of analytical tools will be used?.