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LIC IPO: Market crash makes India’s biggest listing a tough task

LIC IPO: Market crash makes India’s biggest listing a tough task

by AIP Online Bureau | Feb 14, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

India will need bulky commitments from anchor investors, who will raise about a third of the total money. A further 35% — or Rs 21,000 crore, based on the estimated valuation — will be sold to millions of retail investors. That’s a challenging task To...

India bans 54 more Chinese apps citing security concerns

by AIP Online Bureau | Feb 14, 2022 | Indian News, Policy, Risk Management, Technology

The apps banned by the Ministry of Electronics and Information Technology include those belonging to large China tech firms such as Tencent, Alibaba and NetEase, and are re-branded versions of apps already banned by India in 2020, the people said asking not to be...

Axis Bank set to buy Citigroup’s India retail unit for $2.5 bn: Report

by AIP Online Bureau | Feb 14, 2022 | Banking & Bancassurance, Indian News, Intermediaries, Wealth Management/ Philanthropy

For Citigroup Chief Executive Officer Jane Fraser, the planned India retail sale is part of a restructuring to simplify the U.S. lender, do away with its retail banking operations in 13 countries across Asia and Europe, and focus on high-growth businesses such as...
Leading with Empathy into the Hybrid Working Future

Leading with Empathy into the Hybrid Working Future

by AIP Online Bureau | Feb 14, 2022 | Articles, Eco/Invest/Demography, Health, Pandemic, Technology, Workplace/Employee Benefits

With the recent influence of the global health crisis, increasing shifts in personal priorities are changing employees’ expectations of work culture. Tanay Kediyal, Vice President and Chief Operating Officer, Allstate Solutions Private Limited (ASPL) shares his...
Prudential’s next group CEO to be based in Asia

Prudential’s next group CEO to be based in Asia

by AIP Online Bureau | Feb 14, 2022 | International News, Life

Shriti Vadera, Chair of Prudential, said “Given Prudential’s focus on the growth markets of Asia and Africa, the board has decided with this managed transition of the leadership structure, that the roles of the group CEO and the group CFO will be based in...
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