Klips for 19th June

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Chanda Kochhar goes on leave till completion of enquiry

  • Head of ICICI accused of quid pro quo by whistleblower and an article in the Indian Express
  • Sandeep Bakhshi, presently COO of ICICI Prudential Life Ins named COO of ICICI Bank
  • The case is a reflection of poor corporate governance by one of India’s largest pvt banks


‘Why are you sitting there?’ – Delhi HC questions AAP, Delhi CM sit-in

  • Sit-in enters 9th, Deputy CM Sisodia hospitalised
  • BJP stages it’s own sit-in at CM’s office

Google to invest $550mn in Chinese ecomm Jd.com

  • Deal meant to strengthen relationship with Walmart, an existing investor in JD.com
  • Partnership seen as a counter to Amazon.com

Audi CEO arrested in dieselgate scandal

  • Audi owned by VW which has been in turmoil since 2015 for fudging diesel emission reporting

Interesting: Behind flashy IPO of Japan’s Mercari lies a thriving thrift economy

http://in.reuters.com/article/mercari-deflation/behind-flashy-ipo-of-japans-mercari-lies-a-thriving-thrift-economy-idINKBN1JE0J1

Interesting: Winning the slottery: airlines

https://espresso.economist.com/0300481b1e495e3c919b5214dda7b26c

Opinion: Delhi stand-off: Power crisis

http://www.thehindu.com/opinion/editorial/power-crisis/article24195164.ece

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