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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The executive chairperson of Religare, battling a hostile takeover by its largest shareholder, is a mysterious figure with no background in financial services.
In the past month or so, Rashmi Saluja, the executive chairperson of Delhi-based financial services company Religare Enterprises, has been thrust into the limelight. In an uncommon occurrence for Indian business, the board of directors is battling a hostile takeover by the company’s largest shareholders, the Burman family, known best as the promoters of Dabur.
At the centre of this tussle to control this mid-cap financial services company is Saluja—a doctor and an upstart in corporate India pitted against a billionaire business family with a pedigree spanning more than a century.
Religare, which operates across health insurance, broking and lending, …
The Dabur promoters, keen to take control of the company, offer a compromise formula that lets the Rashmi Saluja-led management continue. Will she bite?
We accessed six years’ data from India’s ad regulatory body. The findings show some worrying trends.
The coronavirus outbreak is crushing those in the business of summer. For many, this could be it.
