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...
by AIP Online Bureau | Mar 4, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
Finance Minister Nirmala Sitharaman said this week she “wouldn’t mind” taking another look at the timing of the LIC offering, though ideally she’d like to go ahead with it. Even if it doesn’t pursue the share sale on the original timeline, the government is still...
