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Hemendra Kothari to buy into ING Life

Hemendra Kothari, the former chairman of DSP Merrill Lynch, is set to acquire Ambuja Cements' stake in ING Vysya Life Insurance for around Rs 190 crore.A company source said the deal was close to......

'Cross-border deals will drive M&As'

Saurabh Agrawal, managing director and head, investment banking, Merrill Lynch, has reason to feel pleased with his team at DSP Merrill Lynch -- his firm tops the M&A league table and should secure......

Why Hemendra Kothari is leaving Merrill Lynch

Hemendra Kothari has been at the helm of DSP Merrill Lynch since the organisation was formed in the summer of 1984. The 25-year relationship is set to end with Kothari deciding to retire on March......

DSP Merrill Lynch chief to sell 10% stake

DSP Merrill Lynch chairman Hemendra Kothari said on Wednesday he was selling his 10 per cent stake in the company for an undsiclosed amount."I was planning to sell the stake for sometime. Now I......

Merrill, IL&FS sold shares in nick of time

Days before B Ramalinga Raju admitted to fraud, a handful of financial services companies, including DSP Merrill Lynch, IL&FS Financial Services and Deutsche Bank's non-banking finance company,......
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RBI may cut rates by 25bps despite Fed, monsoon risks

MUMBAI: Reserve Bank of India (RBI) governor Raghuram Rajan is widely expected to cut interest rates by 25 basis points in the monetary policy... ...

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