As the chairperson of SKS Trust, the largest shareholder in SKS Microfinance, Biksham Gujja created a stir by announcing they wanted to nominate Vikram Akula, the ousted boss who had founded the company the latter founded, as its representative on the board.
Biksham Gujja contributed to major global initiatives such as the World Commission on Dams, World Water Commission and World Water Forum.
Trust explores options on reinduction of ousted founder on board as firm closes ranks.
It might be difficult to repeat the SKS success with VAYA Finserv, say analysts
In 2012, Akula quit as chairman of Bharat Financial Inclusion (formerly SKS Microfinance), which he'd founded and led to a successful initial public offering
This recognition is a testimony of India's strong belief in promoting entrepreneurship
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
The progress of the GST Bill in Parliament is also likely to remain in focus
Licence winners are expected to be announced by the first quarter of 2014.
