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Sandeep Bakhshi: Meet the man who replaces Chanda Kochhar as ICICI Bank's new CEO

Sandeep Bakhshi: Meet the man who replaces Chanda Kochhar as ICICI Bank's new CEO

Finance
ICICI Bank has appointed Sandeep Bakhshi as the new Managing Director (MD) and CEO after Chanda Kochhar quit the bank. The bank accepted Kochhar's early retirement and appointed Bakshi in her place. Bakhshi held the position of the COO of ICICI Bank. He was put at the helm by the board after it asked Kochhar to go an extended leave pending an internal investigation into charges of impropriety in her role in the Videocon loan case. Who is Sandeep Bakhshi?This is not the first time that Bakhshi has been asked to handle a crisis. In 2008, Bakhshi was brought in by the bank from ICICI Lombard as the bank was fighting rising delinquencies. After he deftly handled the crisis, Bakhshi was put in charge of ICICI Prudential Life in 2010. Bakshi's leadership saw ICICI Prudential's Assets under Manag...
Experts meet at new UN-hosted talks about 'killer robots'

Experts meet at new UN-hosted talks about 'killer robots'

Technology
Experts from scores of countries are meeting to discuss ways to define and deal with "killer robots" — futuristic weapons systems that could conduct war without human intervention. The weeklong gathering that opened Monday is the second at U.N. offices in Geneva this year to focus on such lethal autonomous weapons systems and to explore possibilities for regulating them, among other issues. In theory, fully autonomous, computer-controlled weapons don't exist yet, U.N. officials say. The debate is still in its infancy, and the experts have at times grappled with basic definitions. The United States has argued that it's premature to establish a definition of such systems, much less regulate them. Some top advocacy groups say governments and militaries should be prevented from develop...
For many millennials, one job is not enough to make ends meet

For many millennials, one job is not enough to make ends meet

Finance
While the side-hustle is a popular way to make extra money, for many millennials it may be more of a necessity than a choice. Taylor Rondestvedt, 25, said she would not have been able to afford all of her expenses without working on the weekends at a Swedish bakery in Manhattan and also teaching swimming lessons. The money from her former job as an editorial intern at a food magazine would not have covered her rent, phone bill, student loans, groceries and the occasional social event. “I had to have at least one more job,” she said. Two meant she had more financial flexibility. After a year, she got a full-time po...
Donald Trump and Theresa May meet amid Brexit storm

Donald Trump and Theresa May meet amid Brexit storm

Business
Theresa May and Donald Trump are holding talks at her country retreat Chequers, following his controversial comments on the PM's Brexit plan.In an interview with the Sun, Mr Trump said the PM's plan would "probably kill" any trade deal with the US.Mrs May wants to negotiate a UK-US deal with Mr Trump, who is visiting Britain as president for the first time.Meanwhile, a number of anti-Trump protests are due to take place.At one demonstration in Parliament Square, a giant inflatable of Mr Trump as a baby has been launched into the air. Some pro-Trump events are also planned.In his interview with the Sun, Mr Trump also said that former Foreign Secretary Boris Johnson - who disagrees with the PM on Brexit and resigned this week - wou...