Fintech firms face IPO challenges
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Three Indian fintech firms have IPOs coming up soon, but face unique challenges related to their revenue models, foreign ownership, and increased scrutiny from regulators. Will they be able to replicate Zomato’s success?
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Abhijit Sen, Sanjay Bhandarkar and Vineet Nayar set to join NSE board
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Synopsis
The candidature of Vineet Nayar, former chief executive of HCL Technologies; Abhijit Sen, former chief financial officer of Citibank India; and Sanjay Bhandarkar, veteran banker and head of Rothschild in India, will be formally announced in the coming days before being put to vote at the annual general meeting scheduled next month, said people aware of the matter.
TOI.in
After weeks of intense negotiations and jostling, the management, the nomination committee and the large institutional shareholders of the National Stock Exchange (NSE), have zeroed in on a techie, an investment banker and a finance professional to add to the board.