As one half of Motilal Oswal Financial Services, he was its public face along with his partner of 35 years. He’s now been sidelined. What happened?
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A sharp run-up in the stock, a long-time investor’s exit with windfall gains and a dramatic slump—the Thrissur-based company is a lesson in how not to flog an idea.
Some research analysts have announced a closure of operations, fearing higher compliance costs. But it may be too soon to take such a call.
The increasing convergence of sales and service functions, with consequent non-stop pressure to meet targets, has seen employees jump ship in droves. This has the potential to adversely impact the financial institutions’ health.