ET Suits and Sayings: Wackiest whispers in corporate corridors

ET Bureau|
Mar 12, 2018, 07.35 AM IST
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corporate
The banker, who advised Tatas to buy two bankrupt steel companies and his friend Puneet Dalmia to purchase rival Binani Cement, is scouting for talent to build his team for the new business. (Representative Image )
More Space to Transform Lives
Tata Trusts has been on a transformational trajectory under its new chairman Ratan Tata, building hospitals for cancer treatment and helping people who are below the poverty line with nutritional food and equipping them for employment. These activities of the charitable organisation, which owns twothirds of Tata Group’s holding company Tata Sons, has expanded its office requirement too, to five offices from two. We hear it is looking for more space. All for a good cause.

Hungry for Talent
Veteran banker Rajeev Gupta is hungry for more success, after having tasted it by advising buyers to purchase companies admitted to the National Company Law Tribunal. The banker, who advised Tatas to buy two bankrupt steel companies and his friend Puneet Dalmia to purchase rival Binani Cement, is scouting for talent to build his team for the new business.

New Country Head
A European investment bank has been managed by senior managers ever since its country head left the firm two years ago. But that may change soon. We hear the firm, managed globally by its new successor, is scouting for fresh talent to lead it in India. Headhunters have started making phone calls to many investment bankers.
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