Private Equity

News, The Morning Context

Former senior executive Lathika Pai sues Microsoft

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Lathika Pai, a veteran executive in the Indian startup ecosystem, has filed a lawsuit against her former employer Microsoft India. The civil suit seeks that the tech giant pay approximately Rs 35 crore in damages for allegedly coercing Pai to resign by intimidating her and creating a hostile work environment. The lawsuit names Microsoft India president Puneet Chandok and human resources head Arum Kakatkar as defendants.

News, The Morning Context

Madhabi Puri-Buch’s Blackstone connection deserves a closer look

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The SEBI chairperson seems to have been economical with the truth in her responses to the Hindenburg allegations on conflicts of interest, especially to do with her Blackstone ties. What could prove far more problematic for Puri-Buch than her name appearing alongside an entity she is overseeing the investigation of is her close connection with American private equity major Blackstone. The Blackstone connection has ensured that Hindenburg’s allegations aren’t another blip in the news cycle.

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