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...
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...
by AIP Online Bureau | Mar 12, 2022 | Indian News, Non-Life
Proceeds of the IPO will be used to invest in subsidiaries — Navi Finserv Pvt Ltd (NFPL) and Navi General Insurance Ltd (NGIL) — and for general corporate purposes Mumbai: Sachin Bansal-led Navi Technologies has filed preliminary papers with Sebi to raise...
by AIP Online Bureau | Mar 11, 2022 | Eco/Invest/Demography, Indian News, Regulation
The Securities and Exchange Board of India (SEBI) last month flagged concerns in proposing stricter disclosures, saying more and more new-age tech firms which “generally remain loss making for a longer period” were filing for IPOs, and traditional...
by AIP Online Bureau | Mar 11, 2022 | Indian News, Life, Wealth Management/ Philanthropy
The government is presently in the wait-and-watch mode because of the market volatility induced by the Russia-Ukraine war and will decide on the timing of the initial public offering (IPO) of Life Insurance Corporation New Delhi: The government is planning to soon...
