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Sebi allows LIC 3-yrs from now to comply with 10% minimum public shareholding norms

Sebi allows LIC 3-yrs from now to comply with 10% minimum public shareholding norms

by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation

The corporation now has to achieve 10 per cent public shareholding on or before May 16, 2027 Mumbai: The capital market regulator Sebi has allowed Life Insurance Corporation(LIC) three more years from now to comply with its minimum public shareholding (MPS) norms of...

ISRO: Earth Impacted by Intense Solar Storm

by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

”This is the biggest geomagnetic storm since 2003 in terms of its strength, as the flaring region on the Sun was as big as the historically important Carrington event that took place in 1859,” ISRO said in a statement. Bengaluru: A powerful solar storm...

The Indian Chest Society unveils special booklet on cough management

by AIP Online Bureau | May 15, 2024 | Facts, Health

With dedicated sections on both dry and wet cough management, considerations regarding red flags, appropriate times for specialist referral, the relevance of fixed-dose combinations (FDCs), and a critical examination of banned FDCs in India, the booklet offers...

Asia’s extreme April heat worsened by climate change, scientists say

by AIP Online Bureau | May 15, 2024 | Disaster & Management, Eco/Invest/Demography, Health, International News, Risk Management, Workplace/Employee Benefits

“Heatwaves have always happened. But the additional heat, driven by emissions from oil, gas and coal, is resulting in death for many people.” In the Philippines, one of the worst-hit countries, authorities issued health warnings, shut down schools and...
Digit raises Rs. 1,176.59 crore from anchor investors

Digit raises Rs. 1,176.59 crore from anchor investors

by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy

Out of the total allocation of 4,32,57,009 equity shares to the anchor investors, 1,44,96,570 equity shares were allocated to 11 domestic mutual funds through a total of 23 schemes amounting to almost Rs 394.31 crore which is 33.51 per cent of the total anchor book...
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