The fee pool at investment banks swelled in 2024 thanks to the large initial public offerings (IPOs) of companies such as Hyundai Motor India, Swiggy, Ola Electric and Firstcry. The year also saw large block deals in companies including ITC, Trent and Bharti Airtel, enabling PE investors to take some money off the table. Besides, key sectors such as industrials, consumer and financial services saw mergers and acquisitions (M&A).
According to Native, a search firm that also works with the financial services sector, bonuses may cross ₹1,000 crore in 2024, of which ₹700 crore may go to over 350 top executives. These include managing directors, partners and directors at global and domestic investment banks earning an average fixed salary of 1.5-2.5 crore.
Bu hikaye Hindustan Times dergisinin December 11, 2024 sayısından alınmıştır.
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Bu hikaye Hindustan Times dergisinin December 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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