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Vikram Akula makes a comeback with financial start-up Vaya; plans  small bank foray

Dec 11, 2014

Vikram Akula makes a comeback with financial start-up Vaya; plans small bank foray

Having forced to quit SKS Microfinance, which he founded, three years ago, Vikram Akula has returned to the financial inclusion space by buying 26 percent stake in a start-up Vaya Finserv, which is also eyeing small bank licence.
#SKS Microfinance #Vikram Akula #banking licence #Vaya #financial start up
SKS Microfinance shareholder alleges irregularities in AGM

Dec 04, 2013

SKS Microfinance shareholder alleges irregularities in AGM

SKS Trust Advisors, one of the largest shareholders of SKS Mircofinance, today asked market regulator Sebi to recount votes cast at the micro-lender's annual general meeting, alleging irregularities with regard to proxy votes. #SKS Microfinance #SEBI #Vikram Akula #irregularities #AGM #SKS Trust
Branding expert Jack Trout's advice on Nano: Kill it, shut it, forget it

Nov 14, 2013

Branding expert Jack Trout's advice on Nano: Kill it, shut it, forget it

Touted as the world's cheapest car, the company launched the Nano at a time when the Indian middle class's awareness about branding and their ownership was undergoing a change, he has said.

#Tata Nano #SKS #GoodReads #Jack Trout
I shouldn't have brought only people from banking into SKS: Akula

Sep 25, 2013

I shouldn't have brought only people from banking into SKS: Akula

Vikram Akula, the founder of SKS Microfinance Limited, has said he should have brought in people who understood the significance of balancing social impact and profitability than merely those with banking and insurance experience into the company, when he was holding the reins. #Banking #Microfinance #SKS #Vikram Akula
Watching a turning tide: 10 things driving markets today

Sep 11, 2013

Watching a turning tide: 10 things driving markets today

vUS stocks rose on Tuesday, with the S&P 500 index advancing for its longest stretch since early July, as an alternative proposal emerged that could avert a possible Western military strike on Syria. Asian stocks rose on Wednesday. #Gold #Tata Motors #SKS #Wockhardt #Yen #India Cement
Akula eyes comeback but SKS says shareholders can't nominate directors

Sep 10, 2013

Akula eyes comeback but SKS says shareholders can't nominate directors

With its ousted founder Vikram Akula attempting to script a comeback, SKS Microfinance today said none of its shareholders have any right to nominate a director on the company board. #NewsTracker #SKS Microfinance #Vikram Akula #CompanyWatch #SKS Trust
Vikram Akula may be readying for long battle to return to SKS

Sep 09, 2013

Vikram Akula may be readying for long battle to return to SKS

With SKS Trusts demanding a board membership for Vikram Akula, will the erstwhile poster boy of microfinance in India return to the top post at the lender? #Microfinance #SKS Microfinance #Vikram Akula #WhatNext
SKS Microfinance was supposed to be finished, but it's still here

May 09, 2013

SKS Microfinance was supposed to be finished, but it's still here

A company which had earlier seen an almost perfect payback rate began to stumble as a result of non-payment of dues by borrowers, egged on by local politicians. Two years later, the company has come a full circle. #Business #Microfinance #SKS Microfinance #Andhra Pradesh #EarningsShow