- Reuters•last month
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06232016.pdf FACTORS TO WATCH 10:00 am: Trade Minister Nirmala Sitharaman and Trade Secretary ...
- Reuters•last year
Foreign investment banks are showing signs they will be more choosy about bidding for roles to help manage government share sales after the country's largest ever equity offering of $3.6 billion left them splitting a fee of just one rupee. Measly fees for advisory roles in government share sales are not unusual in India, but bankers say they are struggling now to justify the costs to shareholders in the current environment of low interest rates and rising regulatory costs. Banks say state share sales - a key plank of New Delhi's efforts to trim its fiscal deficit - tie-up staff for months on end, leaving teams stretched and the advisers out of pocket. "The bitter reality is the government deals are the biggest deals in India.
|52wk Range||75.15 - 105.55|
|Day's Range||99.70 - 100.70|
|Avg Vol (3m)||2,093,728|
As of 5:59 AM EDT. Market closed.