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Govt says LIC share sale right-sized to make it sail through

Govt says LIC share sale right-sized to make it sail through

by AIP Online Bureau | Apr 27, 2022 | Indian News, Life, Wealth Management/ Philanthropy

(L to R) MR Kumar, chairman, LIC and Tuhin Kanta Pandey, secretary, Dipam at a press conference in Mumbai to announce LIC IPO “The valuation process itself is essentially a discovery process. Because you don’t know what we are comparing it with? Is LIC equal to...

Govt mulling integrating helpline numbers to improve emergency response

by AIP Online Bureau | Apr 17, 2022 | Briefs, Disaster & Management, Eco/Invest/Demography, Technology

Emergency Response Support System (ERSS) is a Pan-India single number (112) for citizens in emergencies while 1098 is a toll free, phone outreach service for children. The helpline 181 is for providing services to women in need and distress. The official said the...
E-scooter fires in India trigger safety concerns, in setback for Modi push

E-scooter fires in India trigger safety concerns, in setback for Modi push

by AIP Online Bureau | Apr 2, 2022 | Indian News, Policy, Technology

The electric mobility push is critical for Modi’s climate change and carbon reduction goals.Following the Ola incident, Modi’s government told lawmakers in the Indian parliament it will take “appropriate action” against the manufacturers once...
E-scooter fires in India trigger safety concerns, in setback for Modi push

Govt orders probe into fire incident involving Ola electric scooter in Pune

by AIP Online Bureau | Mar 30, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

The Centre for Fire Explosive and Environment Safety (CFEES) has been asked to probe the circumstances that led to the incident and also suggest remedial measures, according to the Ministry of Road Transport and Highways (MoRTH) New Delhi: The government has ordered a...
Govt planning mega LIC IPO by mid-May after markets calm down: Report

Govt planning mega LIC IPO by mid-May after markets calm down: Report

by AIP Online Bureau | Mar 14, 2022 | Indian News, Life

Life Insurance Corp.’s published embedded value will be valid for the IPO until May as per rules, said the people, who declined to be named as the information is not public yet. A delay beyond that would mean LIC would have to re-calculate the embedded value, a key...
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