Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: due date for vat payment :: VAT Audit :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: cpt :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: empanelment :: Central Excise rule to resale the machines to a new company :: VAT RATES :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4%
 
 
« Mergers and Acquisitions »
 What is Triggering the Wave of Mergers & Acquisitions in the Indian Internet Space?
 Oil and gas mergers and acquisitions are finally making a comeback
  Mergers: Commission approves acquisition of St Jude Medical by Abbott Laboratories, subject to conditions
 Mergers and Acquisitions: What’s Happening in the OFS Industry?
 Mergers: Commission approves acquisition of St Jude Medical by Abbott Laboratories, subject to conditions
 Prediction: These 8 Companies Will Get Bought in 2017
 Third Quarter Results Show Continued Strength in Mergers and Acquisitions
 Mergers and Acquisitions Modelling 3 Day Course - 23.03.17 - Research and Markets
 Foiled cross-border mergers and acquisitions
 Mergers and Acquisitions: 15 Important Considerations for In-House Counsel
 U.S. mergers and acquisitions activity expected to remain steady in 2017: KPMG

M&As, PE deals fuel churn among i-bankers
July, 03rd 2010

A renewed surge in mergers and acquisitions (M&As) and private equity deals in India is leading to a churn of senior personnel within the investment banking community.

Ace investment banker V Anantharaman, known for having structured many deals for the Tata group, is set to return to Standard Chartered Bank (StanChart) as head of its corporate finance and advisory business.

The 46-year-old will also help the UK-based bank to build its equity capital markets team and is likely to join from October. Mr Ananthraman had left StanChart in 2006 for Credit Suisse as its managing director and was pivotal in setting up its M&A team.

StanChart has also hired Ratnesh Kumar, formerly the head of research at Anand Rathi Securities, to head its equity broking unit.

In other changes within StanChart, Prahlad Shantigram, the global M&A head, is learnt to be moving to Singapore. US-based Goldman Sachs too may lose one of its senior bankers, with Sunil Sanghai said to be joining HSBC as its MD, global banking (corporate and investment banking).

Industry watchers say the attrition level in investment banking has risen faster compared to the number of deals struck.

In some cases, deal makers are moving on to better career prospects, while in other cases, more so among private equity fund managers, people are starting on their own.

PR Srinivasan has quit Citigroup Venture Capital International as its managing director after a eight-year stint with the US-based private equity firm, to start his own private equity fund.

It is learnt that Mr Srinivasan, who has been associated with the PE industry for last 18 years, will be partnering another industry veteran to launch a $400 million growth fund targeting companies focused on the domestic market. He is currently on gardening leave and will call it a day at CVCI early next month.

Mr Srinivasan joins over half-a-dozen top-notch fund managers in large PE funds who have recently started on their own. His former colleague Ajay Relan, along with his friends, has started CX Partners which has raised over $500 million from global investors. Home-grown ICICI Ventures too has seen many check-outs. Renuka Ramnath and Jayanta Banerjee, among others, have floated their own independent funds.

M&A activity involving Indian companies witnessed an upsurge in the April-June quarter. While the deal count of 155 was similar to that of April-June 2009, the total deal value reached $16.9 billion, almost 400% higher than the same period last year, said the latest Ernst &Young Transactions report.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions