J.C. Flowers & Co. LLC (J.C. Flowers), a private investment firm dedicated to investing globally in the financial services industry, announced that the J.C. Flowers Asset Reconstruction Company (the ARC) has completed the purchase of a pool of nonperforming assets (NPAs) with a principal balance of 480 billion rupee (approximately $6 billion) from YES BANK, a Mumbai, India based bank.…
Arun M. Kumar, a global executive with 40 years of experience spanning multiple sectors including technology, financial services, and government, is joining Celesta Capital as a Managing Partner. Along with the Celesta management team, Kumar will work with large institutional investors, government agencies, and technology leaders while leveraging his wealth of experience, specifically in the…
KPMG India has announced the appointment of Sunit Sinha as Partner and Head of People, Performance and Culture (PPC). Sinha will be based out of Gurugram. In his new role, Sinha will lead KPMG in India’s human resources function which comprises talent management and strategy, driving the people culture and professional development to further KPMG…