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...
by AIP Online Bureau | Mar 9, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
However, bankers advising LIC had pushed the government to defer the launch of the stock offering. IPO approvals are valid for a period of 12 months from the date of final observation by the Securities and Exchange Board of India. Mumbai: India’s market...
by AIP Online Bureau | Mar 5, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
DIPAM Secretary Tuhin Kanta Pandey said that while the government’s desire is to come out with the Initial Public Offer (IPO) of the state-owned life insurer in the current fiscal, it is a ”dynamic situation’. New Delhi: The government will take a...
