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Vinod Rai Re-enters the IDFC Board through the Backdoor Highlighting “Exemplary” Governance

EXECUTIVE SUMMARY. The IDFC’s board of directors’ decision to reclassify Vinod Rai, hitherto independent director, as a non-independent non-executive director provides a...

Clix Capital’s urge to be a bank must be too intense for it to...

RIDHIMA SAXENA SEP 14, 2021, 13:31 IST As part of the merger, Clix Capital Services will also need to take on...

Flurry of Senior Level Exits at Aditya Birla Finance

EXECUTIVE SUMMARY. Senior executives are rushing for the exit door at Aditya Birla Finance Ltd. (ABFL), the non-bank finance company (NBFC) subsidiary...

SEBI Exposes Kotak Mahindra Mutual Fund’s Policy of Investing Blindly

EXECUTIVE SUMMARY. The Securities and Exchange Board of India (SEBI)’s order  penalising Kotak Mahindra Mutual Fund (Kotak MF), a subsidiary of Kotak...