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In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

Finance

07 August, 2020

In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

In May 2020, two people in the know told VCCircle that lenders are reconsidering the option of a so-called “bad ......

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

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Emkay Global hires institutional equities head from SBICAP

Finance

06 August, 2020

Emkay Global hires institutional equities head from SBICAP

Research and brokerage firm Emkay Global Financial Services Ltd has roped in SBICAP Securities’ former head of institutional...

Paytm ropes in Clix founding team member as CEO of lending unit

Finance

06 August, 2020

Paytm ropes in Clix founding team member as CEO of lending unit

Paytm has hired Bhavesh Gupta, a founding team member and former chief executive officer of Clix Capital, as CEO of ......

Govt extends SEBI chief Ajay Tyagi's term by 18 months

People

05 August, 2020

Govt extends SEBI chief Ajay Tyagi's term by 18 months

The government has extended by 18 months the term of Ajay Tyagi, the chairman of the Securities and Exchange Board ......

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Fortis hires Apollo exec to lead diagnostics unit SRL

Healthcare

05 August, 2020

Fortis hires Apollo exec to lead diagnostics unit SRL

Hospital chain Fortis Healthcare Ltd has appointed a top executive from rival Apollo Group to lead its diagnostics unit SRL ......

Sequoia hires Gojek exec as operating partner; July Ventures names managing partners

Finance

04 August, 2020

Sequoia hires Gojek exec as operating partner; July Ventures names managing partners

Sequoia Capital India has tapped into its Indonesian portfolio company Gojek to fill in the role of an operating partner. Ajey...

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Amplus Capital's ex-MD ropes in developers for first fund on stressed real estate

Infrastructure

04 August, 2020

Amplus Capital's ex-MD ropes in developers for first fund on stressed real estate

Lumos Alternate Investment Advisors has tied up with a bunch of developers to float a stressed asset real estate fund, ......

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Warehousing will consolidate only in later stage of expansion cycle: Welspun One MD

Infrastructure

04 August, 2020

Warehousing will consolidate only in later stage of expansion cycle: Welspun One MD

Anshul Singhal, a former head of Embassy Industrial Parks, formed warehousing platform One Industrial Spaces last year. Then, in December 2019, ......

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

Finance

04 August, 2020

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as managing director and CEO of HDFC Bank ......

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