Cairn India appoints head for biz development

Cairn India on Tuesday announced appointment of Ajay Gupta as its new ahead for commercial and new business development.

NEW DELHI: Cairn India on Tuesday announced appointment of Ajay Gupta as its new ahead for commercial and new business development.

"Ajay, aged 38, has assumed his responsibilities at Cairn India from June 1, 2007," a company press release said here.

A graduate from the Birla Institute of Technology and Science, Pilani, Gupta holds a Master of Science in Economics and Managing Studies.

Ajay has 14 years of experience in corporate finance, capital markets and mergers and acquisition. He began his career with JM Financial and Investment Consultancy Services Ltd in 1993. In his most recent role with JM Morgan Stanley Pvt Ltd, he was Associate Director - Corporate Finance and Head of the Energy and Utilities Group in India.
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