Investec wants to operate in India - Financial | Moneyweb

Investec wants to operate in India - Financial Moneyweb

Investec (JSE:INL) has hired a handful of people in India in a bid to start an advisory business that will look at merger and acquisition opportunities and international finance for Indian companies looking to operate in Europe and Africa.

“We have got a few people on the ground there and we are waiting for regulatory approval. We have to get approval to become an adviser ... Strategically we have made an application for certain licences in India so that we can do advisory work,” Investec CEO Stephen Koseff told Moneyweb.

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