'Churn is normal in a growth market, and we have already hired better, and senior talent as announced earlier and will be hiring more senior people. We have seen good interest to join our platform, says DAM Capital promoter Dharmesh Mehta
It is a relatively cheaper option to play the IPO rush in the equity markets
Going ahead, the management will be looking to build global partnerships for their M&A strategy, says Mehta
This will be India’s first public issue by a pure-play boutique investment bank. Since inception, DAM has executed 67 equity market transactions such as IPOs and QIPs, among other routes.
Mehta says there is a likelihood of India‘s sovereign ratings being upgraded in the coming weeks. The Finance Ministry had recently met up with rating agency Moody‘s to make a case for India‘s rating upgrade.
Global flows are driving the Indian markets right now , says Dharmesh Mehta, MD-Institutional Equities, Axis Capital. Talking to CNBC-TV18, he says people are bearish on commodities globally which is good news for India, with both inflation and interest rates coming down.
In an interview to CNBC-TV18, Dharmesh Mehta, MD-Institutional Equities at Axis Capital shares his reactions on Budget 2013.
Manish Chokhani, MD & CEO, Axis Capital and Dharmesh Mehta, MD-institutional equities, Axis Capital explain in a discussion on CNBC-TV18 that there been a very strong response to the Axis Bank QIP whose price was set at Rs 1,390 per share. The QIP witnessed participation from most of the major long-only investors and pension funds.
With the Enam Conference underway, CNBC-TV18 finds out the mood across conference in such turbulent times from Dharmesh Mehta and Srinivas Subramanian of Enam Securities. While Subramanian said that 2011 will be a little more wary, Mehta told that majority of hedge funds are short or underweight India today.