Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.
IDFC First Bank on Monday said its shareholders have rejected the proposal to allow global private equity firm Warburg Pincus' arm to nominate a non-executive director on the bank board.
The deal would be the biggest private equity transaction in India after Bain Capital paid about $1 billion to buy a 30 percent stake in business process and technology services provider Genpact.
Kaye, the Warburg Pincus co-president, will succeed Rajat Gupta, McKinsey & Company's senior partner worldwide.
Juster played a key role in the landmark Indo-US civil nuclear deal.
As the Under Secretary for Commerce, Juster played a key role in developing the Indo-US deal.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
Juster, 62, is an old India hand who played a key role in the landmark Indo-US civil nuclear deal.
Buying Yahoo's assets would expand DailyMail.com's reach and improve its digital ad rev
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