Deloitte, top executive part ways over 'conflict of interest'

Replying to ET's emailed queries, Khanna confirmed that Deloitte and he had parted ways. "I am starting a new journey by joining the well established family business, which acquires real estate assets to turn them around financially. This has no conflict with Deloitte as Deloitte is not a real estate investment company...We have a very unique business model... Our model is based on asset acquisition through transparent bidding, in most cases overseen by NCLT. The business is growing rapidly, thanks to rapid urbanisation and the burgeoning middle class. I foresee many opportunities to expand it nationally," he said.