Goyal, whose non-compete clause with Dentsu is ending this year, said financial structures of the new entity are being worked out.

These investment-banking firms are thriving in their own niches. They are small, but growing. They don’t do everything, but they do it well.

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1C is passe, 2C is par for the course, 4C is the elite new club that is swelling when it comes to professional salaries.

Salaries in India, Inc. are going through the roof with pros drawing annual pay cheques of Rs 4 crore.