If the Trump administration truly wants to bring manufacturing back to its glory days, its going to have to invest in workforce development and allow the decisions on how to train people to occur at the local level.
The Reserve Bank of India has approved Rajiv Anand's appointment as MD & CEO of IndusInd Bank, effective August 25, for a three-year term. Anand, formerly Deputy Managing Director at Axis Bank, brings over 35 years of financial services experience. His appointment follows Sumant Khatpalia's exit due to an accounting discrepancy.
Vanguard Group has added more than $1 trillion in customer assets, from stock-market gains and new investments, since Salim Ramji was named the first outsider to run the investment giant last year.
Tata Capital, the Tata Group's NBFC, has filed for an IPO to raise funds and meet RBI's listing requirements for upper-layer NBFCs by September 2025. The IPO includes a fresh issue of 210 million shares and an offer for sale of 265.8 million shares by existing shareholders like Tata Sons and IFC.
