Firozabad, a city in the Indian state of Uttar Pradesh, is commonly known by its nicknames "Suhag Nagari" and "The city of Glass." It was earlier known as Chandwar Nagar which was changed to Firozabad after a local champion named Firoz, during the rule of Emperor Akber. The city has been famous for glass and bangle works since these early days and hence its nicknames are extremely appropriate. The glass bangles and related small-scale industry of Firozabad are famous throughout the world. Firozabad suffers from low literacy levels and pollution. Child labor is intensely practiced in this city. Moreover, Firozabad also experiences an acute water crisis as the available water is polluted beyond repair by the discharge from various factories. Around 6 lakh people live in this city that experiences severe climatic conditions in both summer and winter. Most of the residents ofFirozabad are employed in the various units of manufacturing glass products.
ICICI Bank is an Indian multinational and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara. In 2017, it became the third largest bank in India concerning assets and fourth regarding market capitalization. It offers many products and financial services for corporate and retail customers through investment banking, life insurance, non-life insurance, venture capital and asset management. The bank had a vast network of 4,850 branches and 14,404 ATMs in India having a presence in 17 countries as of 2017. In 1998, ICICIs shareholding in ICICI Bank was reduced to 46 percent, through a public offering of shares in India , followed by an equity offering in the form of American Depositary Receipts on the NYSE in 2000. ICICI Bank acquired the Bank of Madura Limited in an all-stock deal in 2001, Sangli Bank in 2007 and Bank of Rajasthan in 2010. In 2000, ICICI Bank became the first Indian bank to list on the New York Stock Exchange with its five million American depositary shares. In October 2001, the merger of ICICI and two of its wholly-owned retail finance subsidiaries was permitted by the Boards of Directors of ICICI and ICICI Bank, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank.