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Already one of the largest overseas investors in India, GIC has hired Aditya Agarwal to head its new fund as managing director and is looking to a mid-2021 launch. While the final size hasn't been finalised, it's keen to allocate $2-3 billion for the purpose, said the people cited above. Agarwal was principal at public market fund Westbridge Capital.
Ten practical leadership lessons: Congress offers a crucial management case study- What not to do as a leaderThis isn’t a column on how Congress can revive itself. The joke will be on me for having any such hopes, especially after the recent inconsequential Congress Working Committee meeting. However, Congress offers excellent lesso… Read MoreGood rainfall helps farm sector post record kharif crop acreage despite Covid-19 and floodsAs on Friday, the total acreage was reported at 1,082 lakh hectares against 1,010 lakh hectares during the corresponding period last year – an increase by over 7%. Sown areas of mainly paddy, oilseeds and pulses contributed t… Read MoreThree militants, one soldier killed in encounter in Jammu and Kashmir's PulwamaSecurity forces launched a cordon and search operation in the Zadoora area of Pulwama district in south Kashmir during the night following specific information about the presence of militants there, a police official said.
f… Read MoreAfter public sector banks reforms, govt set to overhaul PSU appointmentsThe Public Enterprises Selection Board (PESB) has proposed to hold interviews for all jobs of chairman and managing directors of a group of PSUs or directors for human resources and finance at the start of the year, instead o… Read MoreTrump, Republicans attack Joe Biden amid coronavirus crisis, street protestsWith the country reeling from the pandemic and a wave of anti-racism protests, several speakers on Thursday argued that state and city Democratic leaders, not the Trump administration, were to blame for the racial strife conv… Read More
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