IndusInd Bank promoter IIHL to raise stake to 26%, eyes $50 bn valuation
Director Ashok Hinduja said IIHL is working towards listing on Afrinex, a Mauritian stock exchange.
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High levels of attrition, a leadership coterie and allegations of a toxic work culture combine to give the new CEO an HR headache—one that he must tackle with little help from the RBI.
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After the derivatives hedging fiasco triggered the resignations of top executives, indications are that the regulator expects the private lender’s board to do a thorough cleanup.
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