Record share sales bring banks little cheer in the way of fees

Funds raised in India through share sales reached the most in a decade this year thanks to booming stock markets, but the rush to raise capital while investor sentiment remained bullish pushed dealmakers' fee ratio to multi-year lows. India's main stock indexes surged almost 30 per cent in 2017 as investors bet on economic reform and corporate earnings recovery. That […]

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Home run after a run for their money

Union road transport and highways minister Nitin Gadkari will give away the country’s most coveted banking awards — FE Best Banks Awards — in India’s financial capital today. Applauding the winners will be the who’s who of the banking and corporate worlds. The winners were picked by a high-powered jury chaired by S Ramadorai, former CEO of Tata Consultancy Services and the […]

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The big news: PM Modi promises assistance for Tamil Nadu flood relief, and nine other top stories

Other headlines: A gunman killed 26 at a Texas church, and Paradise Papers data leak revealed dealings of Indian companies in offshore accounts. A look at the headlines right now: PM Narendra Modi promises Centre’s assistance with flood relief work for Tamil Nadu: Though the intensity of rainfall in Chennai has fallen sharply in the past 24 hours, more rains are expected on […]

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