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Securities research team set up

Mumbai, Dec. 5

BNP Paribas Securities Asia has set up a 27-people securities research team in India targeted at capitalising on the accelerated expansion of the securities business in India. The team under the leadership of Mr Praveen Chakravarty, Chief Operating Officer and Acting Head of Equity Research for BNP Paribas Securities in India, will comprise 10 writing analysts and 13 research associates by the end of the year, said a press release from the company. The company is in the process of setting up a full-fledged securities house. - Our Bureau

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