I have had the great honor of knowing N Vaghul. I wonder what he may think of the happenings at ICICI. In any case, his big thing was to inject western ideas in management of businesses and finances. India collaborated with many countries to develop its IITs, and a good engineering base. I think going forward, it may be more important for India to collaborate with western countries to expand IIMs. Businesses need to be evolve out of being family affairs. Financial institutions and regulatory agencies need to be more professionally managed.
I have had the great honor of knowing N Vaghul. I wonder what he may think of the happenings at ICICI. In any case, his big thing was to inject western ideas in management of businesses and finances. India collaborated with many countries to develop its IITs, and a good engineering base. I think going forward, it may be more important for India to collaborate with western countries to expand IIMs. Businesses need to be evolve out of being family affairs. Financial institutions and regulatory agencies need to be more professionally managed.