›Suits & Sayings: All not well between this CEO & PE owners; Covid nixes billionaire family's vacay plans; BFSI veteran eyes bank bid
Suits & Sayings: All not well between this CEO & PE owners; Covid nixes billionaire family's vacay plans; BFSI veteran eyes bank bid
A massive restructuring is ongoing to take out the high-cost loans, rejig alliances and business operations.
Synopsis
There was much happening behind the scenes, in the corporate world.
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours:
Wrong Application
When the names of those who have applied to the regulator for new bank licences emerged recently, folks at India’s largest foreign bank were amused to see the name of one of their senior ex-colleagues who spent several years in India as an applicant. They still recall the several run-ins this former colleague had with the central