Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: TDS :: ACCOUNTING STANDARD :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: empanelment :: VAT Audit
 
 
Mergers and Acquisitions »
 Digital payments gateway PayU eyes acquisitions to enter lending segment
 Top 5 mergers and acquisitions of 2017 in India
 Deals of the day-Mergers and acquisitions Jan 16, 2018
 Mergers & Acquisitions is accepting nominations for our 10th annual M&A Mid-Market Awards
 Why 2018 could be the year of Mergers & Acquisitions
 15 of the Best Mergers & Acquisitions of 2017
 How recent valuations have affected M&A deals
 India Inc made merger and acquisition deals worth over $60 bn in 2017
 Global appetite for mergers and acquisitions sparked by stock market rally in 2017
 2018 may see mergers and acquisitions worth $50 bn on back of stressed assets: Report
 10 Major Security Mergers and Acquisitions From 2017

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 2018 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