How a Mumbai-based CA and investment banker raised $250 million for their clients in 4 years

Chirag Jain grew up listening to his family talk about financial services. His father had started Ashika Group, a diversified financial services business. According to Chirag, the Kolkata-based company had grown into one of India’s largest financial services entities by the late nineties. Once Chirag became a CA, he joined the family business and wanted to start […]

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ONGC to hire investment banker for HPCL acquisition

HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC’s portfolio, making it the third-largest refiner in the country after IOC and Reliance Industries.   | Photo Credit: Vijay Soneji State-owned Oil and Natural Gas Corp (ONGC) will hire investment bankers to assist it in acquiring government’s 51.11% stake in Hindustan Petroleum Corp […]

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wellknown Chartered said to probe banker costs, non-public loans

popular Chartered has been seeking to improve controls after being fined in the past four years for cash-laundering failures and breaching Iran sanctions. picture: Bloomberg Mumbai/London: preferred Chartered percent has been engaging in a probe into its bankers’ behavior,along with instances of padding expense reports and improperly lending cash to colleagues, people withknowledge of the […]

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