by AIP Online Bureau | Jun 11, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy
Billionaire and Alibaba founder Jack Ma The company’s stock market listing was hastily shelved at the behest of Beijing in November 2020. At the time, it was slated to be valued at around $315 billion and planned to raise $37 billion, which would have been a world...
by AIP Online Bureau | Jun 10, 2022 | Indian News, Life, Wealth Management/ Philanthropy
Tuhin Kanta Pandey, secretary,DIPAM ”We are very concerned about the temporary blip in LIC share price. People will take time to understand (fundamentals of) LIC. LIC management will look into all these aspects and will raise the shareholders’...
by AIP Online Bureau | Jun 6, 2022 | Indian News, Life, Wealth Management/ Philanthropy
LIC had fixed the issue price of its shares at Rs 949 apiece after a successful IPO, which was over subscribed nearly 3-times when it closed on May 9 Mumbai: Shares of Life Insurance Corporation of India (LIC) continued to fall for the fifth day running on Monday and...
by AIP Online Bureau | May 25, 2022 | Indian News, Non-Life, Wealth Management/ Philanthropy
Digit was valued at close to $4 billion earlier this month when it raised a tranche of funding. It has so far raised more than $400 million from Sequoia Capital, A91 Partners and Faering Capital, besides Fairfax MUMBAI: India’s Digit Insurance, backed by...
by AIP Online Bureau | May 17, 2022 | Indian News, Life
Tuhin Kanta Pandey, secretary, DIPAM (L) and MR Kumar, chairman, LIC at the LIC’s listing ceremony at BSE on Tuesday “We were not expecting on a big listing as markets were jittery, expect it to pick up,” said LIC’s Chairman M. R. Kumar...
