This article has been corrected to reflect that Punshi had already left Jefferies when he was hired by J.P. Morgan and that he was not country head at the time he left the boutique investment bank.
Sidharth Punshi has joined J.P. Morgan in Mumbai as a managing director in investment banking. Punshi, who started earlier this month, was most recently with boutique investment bank Jefferies India, which he left in July last year. He joined Jefferies in 2008 as country head for India, but has since changed roles and when he left he was reporting to Jefferies' head of India investment banking and capital markets, Probir Rao. Punshi has also worked at Goldman Sachs...