Anand Rathi bags two prestigious awards from Institute of Economic Studies

March 31, 2014: Anand Rathi Financial Services has received “Excellence Award” from The Institute of Economic Studies (IES) for its contribution towards the economic development of India. The award was received at IES’ Current Economic Scenario seminar held on March 27, 2014, in Bangalore. At the same event, Mr. Rakesh Rawal, CEO of Anand Rathi Private Wealth Management, received the prestigious “Udyog Rattan Award” from Hon’ble Lt. Governor of Puducherry, H.E. Shri Virendra Kataria.

In response to the honour bestowed upon the organization by the IES, Mr. Amit Rathi, MD of the Anand Rathi Group, said, “The AnandRathi Ethos and Mr Rawal have played a pivotal role in laying the foundation of the Private Wealth Management business. His ability to break out of the shackles of conventional thought processes has played a critical role in the organization’s growth. We are grateful that the organization and Mr Rawal’s enormous contribution towards it have been recognized by the IES. We are optimistic that he would continue to take the organization to greater heights.”

Other distinguished personalities to have received the Udyog Rattan Award in the past are Mr. Naresh Goyal, Chairman – Jet Airways Pvt. Ltd., Ms. Sunita Sharma, Managing Director – LIC Housing Finance, Mr Anoop Kumar Mittal, Managing Director – NBCC, Mr. Moyukh Bhaduri, Chairman and Managing Director – Hindustan Steelworks Construction, among others.

About Anand Rathi Financial Services
Established in 1994, Anand Rathi is one of India’s leading investment advisory and full service innovative financial solutions companies offering Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution. It has a vast footprint across India and key international locations such as Hong Kong, Dubai & London. Founded by Mr. Anand Rathi and Mr. Pradeep Gupta, the group today has presence across 1,200 locations and an employee base of over 2,500 professionals throughout India and in its international offices.

About The Institute of Economic Studies
The IES is a non-profit body established in 1980 by a group of economists, parliamentarians and industrialists who came together to study and discuss problems concerning various aspects of the economy and economic development of our country and offer their expert advice and services. The research-oriented organization conducts these studies with the help of academicians, economists, parliamentarians, industrialists and other eminent personalities. It identifies problems of various industries at macro level through appropriate case studies and suggesting suitable remedies, wherever feasible.