 |
| Bank Of India |
Motilal Oswal, CMD of Motilal Oswal Financial Services, said: "We three senior and middle level officials are considering hiring." The firm last month, had appointed three officers at senior level.
Valuation has come down from their high levels, which is a positive sign. "
Motilal Oswal said that the three terms are Agjekyutiv director and director level. The four-member team of Motilal Oswal Investment Bank Investek recently went to the UK.
Since September this year the foreign firms in India has trimmed his list, Daiwa Securities, Bank of America Merrill Lynch, Nomura and UBS are included. The path of layoffs in the list of foreign firms have recently joined HSBC name. In the next 2 months he plans to lay off about 1,200 employees.
PwC India Agjekyutiv director Sanjeev Krishnan said, "some major global companies have reduced the size of its India operations. This is because their foreign customers, which include large companies, the country's recession is in crisis. So the (customer) firms are less likely to explore investment opportunities in India. "
According to investment bankers, investment banks, the challenges of the high interest rates, government inaction on the policy front and to concentrate on European debt crisis.Kotak Investment Banking Senior Agjekyutiv Shefali Shah in July was appointed director. The firm Larjkap and midcap companies with 5 to $ 50 million deal provides.
In the second half of the fiscal investment deals have gone down, but lots of investment opportunities in the SME segment. Grant Thornton India in the year 2011 a total of 961 merger and acquisition deals are worth $ 51 billion. In contrast, the 971 deals in 2010 were 62 billion dollars.
