Ashu Khullar, Citi’s India chief, is appointed as the global co-head of GAM, based in London, and will oversee EMEA and Asia. K Balasubramanian will succeed him as India’s CEO, pending RBI approval. During Khullar’s tenure, Citi’s revenue grew significantly, reflecting his effective leadership.
Tata Capital files confidential DRHP for mega Rs 15,000 crore IPO
Tata Capital has filed preliminary papers for a Rs 15,000 crore plus IPO with Sebi, aiming to list shares by September 2025. The IPO will