Watch the interview of Asit Bhatia & Raj Balakrishnan of Bank of America Merrill Lynch with Nisha Poddar on CNBC-TV18, in which they spoke about how the year 2016 has been for their business in investment banking and corporate banking.
One of the key drivers for AB Group restructuring is to try and provide the right platform for the future growth of its financial services business, says Raj Balakrishnan, Managing Director, Investment Banking, BofAML.
The shareholders of both Grasim and AB Nuvo will be given shares is the biggest upside of the merger, says Kaku Nakhate, Country Head, Bank of America India.
From an e-commerce capital market perspective, IPOs are at-least 10-12 months away, says Raj Balakrishnan of BofA-ML.
On the first 2 episodes of this special series we asked if India’s new Takeover Code is pro-promoter? Starting this week Rules Of The M&A Game 2011 examines the new Takeover Code from the acquirer’s point of view. Somasekhar Sundaresan, Raj Balakrishnan, Amrish Shah and Cyril Shroff debate if the new Takeover Code is anti-acquirer?
This week, India announced a complete makeover of its takeover rules. SEBI has accepted most of the recommendations made by the Takeover Regulations Advisory Committee (TRAC) last year.