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    Suits & Sayings: Fashionista turns heads at biz family's Mumbai reception; old bosses catch up over WC match in Qatar; CFO to turn CEO?

    Synopsis

    Two Rajasthan palace wedding celebrations spilled over to the Maximum City.

    suits
    A young founder fractured his toes recently and has been forced to work from his bungalow for a few weeks. No enjoyable thing, especially when he’s been itching to go back after months of WFH during Covid. Guess unicorns too are prone to stumble.
    ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours

    The Inside Man
    Going by the granularity with which he is going into the nitty gritty, one can’t help but wonder if this maverick CFO will actually run the new financial service vertical of this mega business group as its new CEO. A marathoner and fitness freak, he always plays for the long haul and one thing this business needs is perseverance. High finance is already in his DNA, so a new challenge will get him out of his comfort zone, which we are sure he would readily accept. Additionally, it will also help in a long-awaited internal reorg, allowing his colleague — also a fully deserving candidate after all these years of dedicated service — a bump up, feel the group’s wellwishers.

    Standing Tall
    The group’s patriarch has always been feted in the Big Apple, where he also loves shopping for his Brooks Brothers shirts. His successor is walking in his footsteps, receiving kudos from the global high and mighty for steering the steel-to-salt empire that spans continents into the digital age. This weekend he was hosted by one of the most influential non-profit organisations known for its strategic advisory and policy work and given the Eisenhower Leadership award at a packed gala that had the cream of corporate captains from Pfizer to Google. Dapper in his black or navy bandhgala and pocket square, his dress code was a standout while posing with the boss of one of Wall Street’s most sophisticated tech and consumer specialist growth equity focussed PE firms.

    Band Baaja Baraati
    Two Rajasthan palace wedding celebrations spilled over to the Maximum City this weekend. We don’t know if it was coincidence or a show of strength that both families chose the same date for their next gen’s reception and that too when Argentina was playing in the knockout stages, but shaadi equals shor and sharaaba. Talking about revelry, a little bird tells us that a certain porcelain beauty cum fashionista cum art butterfly stole the show in Udaipur even though several highfliers — telecom and real estate tycoons, auto czars and finance whiz kids — were at the three-day party. Her presence seemed to have caused several to go head over heels, no pun intended.

    In Stadia
    Everyone who is anyone is in Qatar these days for the World Cup. But even then, we were surprised to see this young Turk and unicorn posing with his old-time VC backer after watching the exhilarating Spain vs Germany group stage match that ended in a pulsating draw. Surprised because the investor in question has lost goodwill after a rather sharp corporate manoeuvre that shocked several investee companies and their founders. Good to see at least some friendships last longer than the next term sheet.

    Sharp Shooter’s Next Target
    His aggressive dealmaking did make his office a bit of a sweatshop. Naturally, when this investment banking co-head called it quits from his already besieged organisation, the pressure came down several notches. For one, now a single boss with much better people skills is poised to take full charge at the bank. But then everyone wondered about his next move. Word was out that his deal with a storied Japanese institution apparently fell through as well and now, we hear, he’s actually jumping sides to join a US buy side institution that is looking to ramp up its India structured products business. Hope a new stint will ease him up a bit.

    Ouch that hurts!
    What if you mix tennis with squash? You get pedal-played on an enclosed court surrounded by walls of glass and metallic mesh. It’s the rage among the fitness buffs nationwide who are always seeking a new thrill. But the sport can cause serious bodily harm. A young founder fractured his toes recently and has been forced to work from his bungalow for a few weeks. No enjoyable thing, especially when he’s been itching to go back after months of WFH during Covid. Guess unicorns too are prone to stumble.

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