KKR appoints K.V. Kamath as senior advisor
The Hindu
K.V. Kamath has more than five decades of experience building and leading large Indian businesses
Global investment firm KKR has announced the appointment of K.V. Kamath as a senior advisor to KKR India effective immediately.
Mr. Kamath, one of the pioneers of India’s modern financial services sector, has more than five decades of experience building and leading large Indian businesses.
He was the first president of the New Development Bank, a multilateral development bank established by the BRICS nations, from its founding in 2015 until 2020.

GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.










