Dawnay Day to foray into Indian hotel industry

Dawnay Day AV Financial Services, the group's India-based subsidiary, will set up an India specific fund for the hospitality sector, said industry sources.Peter Klimt, chief executive, Dawnay Day......

Banks all set to tap small towns

Banks now eye greener pastures in tier-II and tier-III towns, which own assets amounting 65 per cent of the total wealth in the country. They are rolling out private banking and wealth management......

Musical chairs time for finance executives

Ravi Kapoor, executive vice president, and head of equity origination and capital markets business at DSP Merrill Lynch has quit.Kapoor is joining Citigroup. He will head the bank's Indian arm's......

DSP Merrill starts portfolio mgmt

DSP Merrill Lynch Investment Managers is getting into portfolio management services. In addition, the asset management company has tied up with Allianz Bajaj Life Insurance Company to provide the......