Axis Mutual Fund looks to pivot, but without a key executive
Desperate to make a comeback after the front-running scandal, the fund house is attempting to change its investment strategy. But its chief business officer won’t be part of the journey.
16 April, 2024•11 min
0
16 April, 2024•11 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Minus scooters, an empty gigafactory is squeezing Ola Electric dry
The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.
You may also like
Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
Business
Yes Bank’s succession problem is a board problem
As Prashant Kumar’s term runs out, boardroom fault lines have left the lender with no clarity on its next CEO—spooking investors and drawing the RBI’s ire.
Business
Why IndusInd Bank promoter Ashok Hinduja was never really in the dark
As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.