DSP Merrill Lynch

The UK-based bank sells 15% of the offering to anchor investors and sets a price range that will allow it to raise up to $586 million ahead of the first-ever foreign company listing in India.

Bank of America Merrill Lynch lures Kaku Nakhate back from J.P. Morgan to become country head for India.

DSP Merrill Lynch makes Pradeep Dokania chairman of global wealth and investment management for India, and transfers Atul Singh from Singapore to take on the role as head of India advisory.

The Indian aluminium producer increases the fixed-price deal from $350 million after strong demand from foreign investors.

JM Financial builds its fixed-income capabilities by bringing on board Sanjeev Bajaj, Shashwat Belapurkar and Dhiraj Dave from Bank of America Merrill Lynch in India.

Two India placements in two consecutive days could signal the start of a rush of local companies tapping the equity capital markets.

A team of six senior-level employees from DSP Merrill Lynch skip to J.P. Morgan to bulk up the equities and derivatives business.

Pankaj Kalra leaves DSP Merrill Lynch for its Swiss competitor, becoming the fourth senior investment banking hire by Credit Suisse in India in less than a month.

State Bank of India opts for a rights issue to raise much needed funds in a tough market.