The National Stock Exchange of India is setting a modest advisory fee of around 0.65% for its upcoming IPO, potentially totaling $16.25 million. This contrasts sharply with higher averages paid by other companies, reflecting a trend of cost control in quasi-sovereign deals. Key banks have been appointed for the significant listing.
Rupee weakness likely to persist as oil prices stay elevated: Anindya Banerjee
The Indian rupee is at a critical point, falling past 93 against the US dollar. Crude oil prices and foreign investor outflows are pressuring the