In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
Why serena williams is not in wimbledon 2017
Big Basket is not the only big name in the startup ecosystem to have raised fund from venture debt firm. The company follows firms such as Paper Boat, Urban Ladder, Practo, Myntra, Snapdeal and Oyo which have raised money from venture debt funds such as Trifecta and Innoven Capital. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital
This is not the first attempt by ChrysCapital to make a comeback of sorts in its pharma portfolio post a partial or complete exit. In 2015, ChrysCapital exited Mankind Pharma by selling its 11 percent stake to Capital International for $214 million. But in April 2018, it staged a sensational return to the Manforce condoms maker when it pipped global private equity giants to pick up a 10 percent stake in the firm for $350 million. At the time, it was the largest private equity deal in the Indian pharma space. … [Read more...] about Exclusive | PE firm ChrysCapital to buy out Capital International’s stake in Intas Pharmaceuticals
The change in Akbar himself was perceptible from this time on, through the abolition of pilgrimage tax for Hindu sacred places and the abolition of slavery affecting women and children. Then as time went on, Akbar actively sought out great thinkers among the Sufis, the Jains, the Zoroastrians, the Brahmins, Christians, Hindu ascetics, Mahdavis and others. This indisputably led to a cosmopolitan court, with the eventual elaboration of Akbar’s Sulh-e kul philosophy, of an active, empathetic toleration of each religion. … [Read more...] about Mythological women revered, stories of historical women censored in India, says historian Ira Mukhoty
The CGs led to not just an increase in credit towards these neglected areas, but also of rising claims. The CGC expedited the processing of claims, but that also weakened its financial position. This weak financial position led to the merger of the CGCI with the DIC to become the Deposit Insurance and Credit Guarantee Corporation. The group which led to the formation of the CGC had anyway recommended the DIC to take over the tasks of credit guarantees. So, it was more like coming home really. The Act to provide for acquisition of the CGC by the DIC was passed in April 1978 and came into effect from July 15, 1978. … [Read more...] about Credit guarantees of 1970s make a comeback