by AIP Online Bureau | Jan 15, 2024 | Health, Indian News, Wealth Management/ Philanthropy
The category for Retail Individual Investors (RIIs) got subscribed 89 per cent and the quota for non-institutional investors received 45 per cent subscription. The IPO is entirely an Offer for Sale (OFS) of up to 2,80,28,168 equity shares. It has a price range of Rs...
by AIP Online Bureau | Jan 15, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
Exporters said 95% of vessels had rerouted around the Cape of Good Hope on the southern tip of Africa, adding 4,000 to 6,000 nautical miles and 14-20 days to journeys from India since Houthi militants began attacking shipping in November. The cost of a 24-foot...
by AIP Online Bureau | Jan 15, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Tanker rates will increase and futures are up this morning,” said John Kartsonas, managing partner at Breakwave Advisors, who added that dry bulk remains the least affected sector. Major importers like Tesla , Geely-owned Volvo Car and Ikea already have...
by AIP Online Bureau | Jan 15, 2024 | Eco/Invest/Demography, Indian News, Policy
Deepak Jasani, Head of Retail Research, HDFC Securities, said that shares in Asia were higher after China’s central bank unexpectedly kept a key interest rate unchanged, and in the wake of Taiwan’s election on the weekend. China’s central bank left the...
by AIP Online Bureau | Jan 14, 2024 | Data, Eco/Invest/Demography
Even in the absence of a new crisis, soaring debt servicing costs will constrain efforts to tackle climate change and care for aging populations. Public services in many countries are already strained after successive budget cuts London: World leaders are flocking to...