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Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

by AIP Online Bureau | Mar 13, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

The official further said that although the market volatility has reduced in the last fortnight , it would wait for the market to stabilise further so that retail investors get confidence to invest in the stock. LIC has reserved up to 35 per cent of its total IPO size...

FPI selling continues for 6th straight month; net outflows at Rs 45,608 cr in March so far

by AIP Online Bureau | Mar 13, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Foreign portfolio investors (FPIs) fear that India would be impacted more by commodity price hikes, particularly in crude oil, since India is a major importer, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services Mumbai: Continuing their...

Indian Gold imports surge 73% to $45 bn in April-Feb this fiscal on higher demand

by AIP Online Bureau | Mar 13, 2022 | Data, Eco/Invest/Demography

India is the world’s second-biggest gold consumer after China. The imports mainly take care of the demand by the jewellery industry Commenting on rising gold imports, Gem and Jewellery Export Promotion Council (GJEPC) Chairman Colin Shah said monthly average...
Registered facility needs to verify vehicle records digitally for scrapping, says draft policy

Registered facility needs to verify vehicle records digitally for scrapping, says draft policy

by AIP Online Bureau | Mar 13, 2022 | Indian News, Policy

Necessary checks to be done from “Vahan ” database before submission of application by vehicle owner have been specified. These checks include surrender of hire-purchase, lease or hypothecationagreement of the vehicle, no criminal record against the...
Auto cos will begin manufacturing flex-fuel vehicles within 6 mths: Gadkari

Auto cos will begin manufacturing flex-fuel vehicles within 6 mths: Gadkari

by AIP Online Bureau | Mar 13, 2022 | Indian News, Technology

According to Minister for Road Transport & Highways Nitin Gadkari, soon most vehicles in India will run on 100 per cent ethanol Last year in December, the government had issued an advisory to carmakers to introduce flexible-fuel engines in vehicles Gadkari also...
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