
GenNext less focused on building companies: Uday Kotak – The Times of India
MUMBAI: Veteran banker Uday Kotak has warned that India’s economic ‘animal spirits’ are fading as the next generation of business families focuses more on managing investments than building and running companies.Kotak also called for a cohesive strategy from policymakers to counter the “vacuum cleaner” effect of US policies, which are pulling foreign capital away, straining…