Kotak, Axis Capital take no.2 and no.3 slots; EY tops inclusive of due diligence services Morgan Stanley topped the Venture Intelligence League Tables for Transaction Advisor to M&A deals for 2017 advising M&A deals worth $17.7 billion (across five qualifying deals) followed by Kotak ($14.1 billion across nine deals) and Axis Capital ($12.9 billion across six deals). The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on value of PE and M&A transactions advised by Transaction and Legal Advisory firms. In 2017, the Telecom industry driven by the consolidation, was the biggest source of mega sized M&A transactions. Financial advisors to the biggest M&A deal in 2017 - the Idea Cellular - Vodafone merger - were Kotak, Morgan Stanley, Rothschild, UBS, Axis Capital, Robey Warshaw, Bank of America Merrill Lynch, Deloitte and Ernst & Young . Kotak also ad...