CBI continues questioning Chanda Kochhar's brother-in-law
Mumbai, April 6:The CBI on Friday questioned ICICI Bank CEO and MD Chanda Kochhar's brother-in-law Rajiv Kochhar for a second consecutive day in connection with a case of Rs 3,250 crore loan to the Videocon Group in 2012.
Rajiv Kochhar is being questioned at the Central Bureau of Investigation's (CBI) Bandra-based office since morning.
Informed sources said the CBI was probing Rajiv Kochhar's link over allegations pertaining to his Singapore-based company Avista Advisory's dealings with the ICICI Bank.
The bank, however, has denied its engagement with Avista for any services ever.
The CBI on Thursday questioned Rajiv Kochhar for over five hours in connection with the case.
He was on Thursday stopped at Mumbai airport by immigration authorities around 11 a.m. while he was about to leave for Singapore.
Later, he was handed over to a CBI team which brought him to its Bandra office for questioning him in connection with its preliminary enquiry against his brother Deepak Kochhar and Videocon Chairman Venugopal Dhoot.
The agency had registered a preliminary enquiry against Chanda Kochhar's husband Deepak Kochhar, Videocon Group officials and others for its probe to determine any wrongdoing or otherwise in the sanction of the loan to the Videocon Group by the ICICI Bank as part of a consortium of banks in 2012.
Chanda Kochhar, who is facing questions of conflict of interest on the issue, has not been named in the preliminary enquiry, which was registered after news reports raised questions about Videocon Chairman giving loan of Rs 64 crore to a firm he had jointly promoted with Deepak Kochhar, six months after his group got the Rs 3,250 crore loan.
The said money was part of a loan of Rs 40,000 crore which Videocon received from a consortium of 20 banks led by the State Bank of India.
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Ukrainian president welcomes Russian overtures, but says ceasefire must come before peace talks
Kyiv, May 11 (AP): Ukrainian President Volodymyr Zelenskyy on Sunday welcomed Russia's offer for direct peace talks, but insisted there must be a full, temporary ceasefire in place before negotiations can start.
Zelenskyy, writing on X, called Russian President Vladimir Putin's counter-offer to start talks without a ceasefire a “positive sign”, and said “the entire world has been waiting for this for a very long time".
He added, however, that "the very first step in truly ending any war is a ceasefire”.
Meanwhile, Russia resumed mass drone attacks in Ukraine early on Sunday, after its self-declared 3-day pause expired.
Russia launched 108 attack drones and simulator drones from six different directions, Ukraine's Air Force said on Sunday. It said 60 drones were shot down and another 41 simulator drones failed to reach targets due to Ukrainian countermeasures.
The Ukrainian president appeared to insist on his proposal to start a 30-day unconditional ceasefire on Monday. “There is no point in continuing the killing even for a single day. We expect Russia to confirm a ceasefire — full, lasting, and reliable — starting tomorrow, May 12th, and Ukraine is ready to meet,” Zelenskyy said.
Putin in remarks to the media overnight effectively rejected that ceasefire offer and proposed restarting direct talks with Ukraine in Istanbul on Thursday instead “without preconditions”. He said a ceasefire might be agreed on during the negotiations.
Putin's counteroffer came after leaders from four major European countries threatened to ratchet up pressure on Moscow if it does not accept an unconditional 30-day ceasefire in Ukraine that they offered on Saturday in a strong show of unity with Kyiv.
Kremlin spokesman Dmitry Peskov, in comments aired by Russian state TV on Sunday, called Putin's proposal “very serious” and said it “confirms a real intention for find a peaceful solution”.
“The goals of the talks are clear: to eliminate the root causes of the conflict. And also to ensure the interests of the Russian Federation,” Peskov said.
It is a positive sign that the Russians have finally begun to consider ending the war. The entire world has been waiting for this for a very long time. And the very first step in truly ending any war is a ceasefire.
— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) May 11, 2025
There is no point in continuing the killing even for a single…
