Idea Cellular leaves bankers in the cold in $23 billion Vodafone merger deal3 min read . Updated: 21 Mar 2017, 11:09 PM IST
Idea Cellular hired no investment banks and relied on in-house team to manage the $23 billion Vodafone merger deal that creates India's largest telecom operator
Hong Kong/Mumbai: Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. It’s not, and big banks blame in-house teams of advisers that have proliferated as the country’s top family-owned conglomerates tighten their grip.
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