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Govt likely to invite bids from merchant bankers this month

by AIP Online Bureau | Jul 4, 2021 | Indian News, Life, Policy

  New Delhi: The government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to launch the IPO by January, an official said. The Department of Investment and Public Asset Management (DIPAM) had...

Govt readies amendments to GIBNA for insurance PSU privatisation

by AIP Online Bureau | Jul 4, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life

  New Delhi: To facilitate privatisation of a public sector general insurance firm, the government is working on amendments to the General Insurance Business (Nationalisation) Act (GIBNA), and a Bill for that is likely to come up in the upcoming monsoon session....

Homeless, beggars should work; everything can’t be provided to them by state: HC

by AIP Online Bureau | Jul 4, 2021 | Eco/Invest/Demography, Facts, Health, Policy

Mumbai: The Bombay High Court on Saturday said that homeless persons and beggars should also work for the country as everything cannot be provided to them by the state. A division bench of Chief Justice Dipankar Datta and Justice G S Kulkarni said this while disposing...

HC shocked over govt raising false claims with impunity, seeks rules to hold officers accountable

by AIP Online Bureau | Jul 4, 2021 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: The Delhi High Court has expressed shock over the government raising false claims and defences with impunity as there is no accountability of officers for doing so and called for framing rules by the Centre and Delhi government to hold officers...

Govt may issue guidelines for ‘flex-fuel’ vehicles by October

by AIP Online Bureau | Jul 4, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Technology

New Delhi: Auto companies may soon be asked to manufacture passenger and commercial vehicles that run on multiple fuel configuration aimed at reducing the use of polluting fossil fuels and cutting down harmful emissions. New guidelines for use of flexible fuel...
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