Banks pocket $12 million in fees in Adani’s mega share sale
Investment banks are set to receive about 1 billion rupees ($12 million) in total fees after helping Indian tycoon Gautam Adani pull off a closely watched follow-on share sale, according to people familiar with the matter. The fees are equivalent to around 0.5% of the 200 billion rupees raised in .’s offering, said the people, … Read more