Sources close to him say that he felt the current mutual fund model needs a change. Investors are promised long term returns but fund managers are forced to perform for the short run
The MFI will look to tap the unbanked rural population, rather than compete with existing banks in the crowded urban banking space, says CMD Chandra Shekhar Ghosh
Long-distance ride sharing marketplace BlaBlaCar is building a community of co-passengers, one ride at a time. Their model, strangely in these times, is built on trust, says the India head
The Indian auto industry has seen robust growth in recent times, prompting several companies to launch their vehicles in the country this year. Here are a few that have caught the eye because of design or technology or, simply, clever positioning
Possibility of a conditional government approval entailing resolution of an ongoing $3.3 billion-tax dispute and stamp duty on transfer of mining lease may impact final contours of the merger
Saudi Arabia is in no hurry to cut production, even at the cost of falling revenue. But sustained low prices have long-term effects
Want to make a fortune in Hollywood? Hit the books first
The Aditya Birla Group is building a financial services superstore despite it being a highly competitive sector
Scottish whiskey manufacturer's '#StandTogether' social media campaign will also pick an India brand ambassador, but candidates can only be nominated by their friends