Praveen Kadle of Tata Capital on PE arm's fundraising, overseas funds and investment opportunities in India
The firm's PE arm managed to raise $1 billion during difficult market conditions and opened up India to a new class of investors.
Among big bank CEOs, Dimon ranks first for stock returns and has been praised for leading the bank through the financial crisis with no quarterly losses and a strong balance sheet.
Morgan Stanley launched the sale of its Indian private wealth management unit last November, after entering the highly fragmented and competitive market about four years earlier.
Madhav A Chanchani
The JV between SBI and Oman’s sovereign wealth fund aims to take fund corpus to $1.5 billion.
Former Citigroup CEO Vikram Pandit will spearhead Nimesh Kampani-led JM Financial’s proposed banking venture and make a strategic investment in the financial services group. He will also set up a $100 million distressed asset fund, along with JM Financial.