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Education: ISC, Doon School, Dehradun, 1976; BA hons (economics), St Stephen’s College, New Delhi, 1980; Master’s in Management Studies, Jamnalal Bajaj Institute of Management Studies, 1982 Career: Citibank: management trainee, September 1982; operations head, Citibank, Chennai, December 1982; relationship manager (Corporate Banking), Mumbai, 1984; assistant vice-president, 1986; vice-president, 1988; local group corporate head, 1990; corporate bank head, 1992. Salomon Brothers: vice-president, 1994; director, 1996. Barclays Bank / OR: group chief executive, mid-1996 through 1997. UBS AG / UBS Warburg: MD and country head, 1998-2002. KMCC: VC & MD, 2002 At this time about investment banking had opened up in India. Sondhi’s big exposure to the world of cross-border international investment banking came in early 1994, when he joined Salomon Brothers and moved to Hong Kong. (Salomon Brothers subsequently became a part of Citibank.) “I derived extensive, but focused, learning and experience about all aspects of the investment banking business from a global perspective,” he says. However as a professional financial services, it was soon evident to him that you have to be based in India to do business with India. “You can not be based overseas and do banking suitcase,” he says.
The opportunity to return came in early 1996, when the UK-based Barclays group was scouting around for a head to the CEO or business and investment banking, Barclays Bank’s commercial banking business in India. Sondhi joined BZW / Barclays in mid-1996. Under OU won him and successfully executed what was touted as the largest cross-border M & A deal at the time (around $ 65 million), British Gas when it advised on the acquisition of Gujarat Gas soon after the Sebi takeover code came into effect . However, just over a year later, Barclays Bank, London, decided to quit the business of investment banking or globally. While the announcement was made in India by the end of 1997, Sondhi OR stayed on with for a couple of months to help the Indian business wind down. This was an unusual position to be in Not many people get to start a business and wind down it in their own tenure. “My focus at this time was to ensure the best possible outcome and career options for the affected staff, and minimize disruption to our customers,” says Sondhi.
He then moved to UBS Warburg in early 1998 to head UBS group activities in India. Joining just after the merger of UBS and with Swiss Bank Corporation, Sondhi’s main task was to reposition the firm as a top-tier global investment bank, the firm evolved as its global business model to de-emphasise the focus on lending and investment banking business . Sondhi and his team bagged some stage IPCL’s mandates such as privatisation, Reliance’s $ 4m Yankee bond buyback tender, and advisory to Singapore Airlines Tata group on the Air-India’s privatisation, and advisory to Zee for the induction of a strategic partner.
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Mumbai-based banker Uday Kotak is now eyeing a role in the training field with plans to establish a foundation for the promotion of education for the under-privileged children.
Mr. Kotak initiative is led by its aid Shivaji Dam, which was for the establishment of group life insurance arm, and is currently a member of the Board of Kotak Mahindra Bank. Sources said to be talks with several NGOs for possible partnerships. While the size of the corpus is not known, it is supposed to be RS 10 crore.
"There are three main social sectors - education, health and social infrastructure - which
Pune, January 6: The year began, has not improved final grade for the beginner students in Symbiosis Institute of Business Management (SIBM), the 148 students scripts bag only eight hours. Students had a dream ends on Tuesday with the participation of big names such as Glaxo Smith Kline, colors Asian, Intel and Standard Chartered Bank and others.
With more than 51 companies on campus to recruit more students, and each student an offer of more than 25 companies had to return empty-handed, "said Arun Mudbiri, director SIBM. ''What has two days to match the precedent was set in a matter of
MUMBAI: Corporate Executive promoter, Mahindra Gesco Developers (MGDL), announced the appointment of MD Pawan Malhotra as CEO and Thursday. It will be headquartered in Mumbai and to report on Arun Nanda, vice president of the firm, an exit.
Mr. Malhotra, an MBA from the Faculty of Management Studies, University of Delhi, started his career with Dunlop and, subsequently, came Hindustan Lever, where he has leading positions in the service sector.
He also worked in the Frito-Lay division of PepsiCo India, in addition to a successful management of important tasks in Dubai's Al-Futtaim Group to the rounded form with a decisive role, with
If his intention was evozieren a sense of patriotism and pride among young graduates of IIM Bangalore, M. Anand Mahindra, vice-chairman and Managing Director, Mahindra and Mahindra Ltd, doubtless succeeded.
Time, the convocation address on the 30 annual Convocation of the Indian Institute of Management, Bangalore, Mr. Anand Mahindra, invited the graduates to create a model of capitalism compassion and investment with integrity. "
He advised the students strap on an anti-gravity belt, had three buttons: one to turn off their failure mechanisms of protection, the second to activate its secret weapons (brahmastra) and the third to activate self-belief. In his view,
BHOPAL, MARCH 5 Indian Institute of Management Indore has not only the investment of 100 percent recorded record, but also a real increase in the supply side and 20 percent higher average salary during placement offered in 2005 .
An instruction IIM Indore received here said that the average salary acceptable to its share of Rs 2005 8.16 lakhs and that the corresponding figure for the supply side was PayPal. 8.60 lakhs. This time, a total of 202 cases were the lot of IIM Indore 112 students. As a result, many of them appear to have been faced with a dilemma
Thakkur, Deputy Director and Commander, Naval Research Board, a division of Defence and Research Development Organisation (DRDO), was the chief guest.
Mr. Thakkur said that the DRDO aimed at equipping the defence services with internationally competitive systems and solutions.
"The organisation's mission is to encourage and fund basic research in pertinent scientific disciplines," he said.
Mr. Thakkur's presentation was followed by discussions of various research topics such as acoustic simulators, ship-building steel and air-cushion vehicles.
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THE GRD Institute of Management conducted campus interviews for its students. Reliance Mutual Funds, Chennai, India Bulls, Coimbatore, Standard Chartered Bank, Sharjah, Citi Financials, Chennai, Kotak Bank,
MUMBAI: investment banks and consulting firms are looking beyond the first B-schools in search of new talent and are in the decision-making process of dollars at the cutting edge of doing so. For the first time, Lehman Brothers has picked up 13 students from the University of Delhi and is compatible with a starting salary of Rs 14 lach, lach, Rs 10, the fixed component, while the rest is variable. And exactly the same way as financial services and consulting companies ante up in the first B-schools and the talents of prices out of reach for other sectors.
You are beginning
IT is the second largest investment in the life of a man after his house. Unlike the latter, take with you for refuelling all manufacturers claim that the car is an extension of your personality.
Design and qualify you for KC Mahindra Award for Excellence in Automotive Design Mahindra & Mahindra Ltd (M & M). The theme of this year, the competition is to design and paper for the design of a car style / Sports Utility Vehicle.
Open primarily to students in engineering and design, competition, entries from a wide segment of submissions so far meet the criteria. At a press
NATIONALE DE LA Law School of India University (NLSIU) took up his post as the third two-year cycle in the law programme to 100% the position of his LL.M. Students for 2005-07. The course offers a specialization in business-law and Human Rights Law is divided into four semesters with four and eight compulsory mandatory option papers, followed by a final working. The lot is a graduate, has carved a place for themselves and the legal environment of the area.
According to a press release, as several companies recruit students belonging NLSIU of Kotak Mahindra Bank, and Gagrat Co., IDBI Capital Services,
Mumbai: With the economy to seek, technology companies information and advice to management companies are schools of their lists for selecting students. Computer companies are based on the design until the largest employment agency for this year.
The work scene booming. Last year, universities must encourage companies undertake campus interviews, but this year they are already Rieseln prior to cessation of control campus setting is well some time off in most business schools.
"The trend is very positive,''said Abbasali Gabula, chairperson of the External Relations Division of the SP Jain Institute.
"Last year we had by e-mail the HR departments of corporate houses,
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