Securities And Exchange Board Of India - Subsection
Section 2(1)(l) in Securities and Exchange Board of India (Research Analysts) Regulations, 2014
(l)"merchant banking or investment banking or brokerage services" includes,-(i)acting as an underwriter;(ii)participating in a selling or an offering for the issuer or otherwise acting in furtherance of a public offer of the issuer;(iii)acting as an adviser in a merger or acquisition;(iv)providing or arranging venture capital or equity or debt;(v)serving as placement agent for the issuer or otherwise acting in furtherance of a private offering of the issuer;(vi)offering brokerage or market making services;