Bank of America Merrill Lynch, Citigroup, Credit Suisse, Goldman Sachs International, JP Morgan Securities, Morgan Stanley, Nomura and UBS have confirmed their commitment to the FSA Rule and the supporting Code on remuneration practices. These were published in August and would come into force on January 1, 2010 (and cover payments for performance year 2009).
While making the announcement, Anil Ambani, chairman of ADAG, said, the partnership with Spielberg and Snider is the cornerstone of the company's Hollywood strategy.
FII inflows into India will be higher this calendar year than over $8 billion recorded in 2004, according to Srinivasan Varadarajan, director, JP Morgan Securities (India).
Ashish Aggarwal of San Francisco and two others have surrendered.
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