Why Shriram Group may drop plan to re-induct Bhatia on board of vehicle finance arm

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Shriram Group may drop its plan to re-induct PE giant TPG Capital’s Puneet Bhatia as a nominee on the board of its vehicle financing arm. This comes after VCCircle reported last week that Shriram Transport Finance Corporation (STFC) and its promoters have nominated the TPG Capital India head for re-induction as ......