Indian growth attracts global investment banks despite low fees

For an indication of how India has become a new hunting ground for international investment banks, look no further than Jefferies.The US financial group previously had a minor presence in the world’s most populous country and was better known for its research notes than dealmaking prowess. But today it is building on a run of transactions — including deals involving the Adani group — to poach senior bankers away from rivals and bulk up its office.“In the past three years we’ve..