by AIP Online Bureau | Dec 31, 2021 | Eco/Invest/Demography, Indian News, Regulation
“When any entity raises money under an IPO, it is for some purpose and investors are investing for that purpose, so that needs to be strictly monitored,” Ajay Tyagi, chairman of SEBI, told a news briefing after the regulator’s board meeting MUMBAI:...
by AIP Online Bureau | Dec 23, 2021 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The year witnessed tremendous response from retail investors as well. The average number of applications from retail was 14.36 lakh, in comparison to 12.77 lakh in 2020 and 4.05 lakh in 2019. The highest number of applications from retail in 2021 was received by...
by AIP Online Bureau | Dec 20, 2021 | Indian News, Life, Policy
“Some media speculation doubting the feasibility of LIC IPO this fiscal year is not correct. It is reiterated that plan is on course for the IPO in the last quarter of this fiscal,” Secretary of Department of Investment and Public Asset Management tweeted...
by AIP Online Bureau | Dec 16, 2021 | Indian News, Non-Life, Wealth Management/ Philanthropy
The Chennai-based Shriram Group is selling the stake in Shriram General Insurance Co. ahead of a potential initial public offering that could take place as soon as 2022.The deal may be announced as early as next week, sources said Mumbai: KKR & Co. is nearing a...
by AIP Online Bureau | Dec 10, 2021 | Health, Indian News
“Considering the undersubscription of the issue, the flat listing of Star Health was expected. The financial performance was impacted in FY21, but long-term growth prospects of the industry remain quite promising,” said Ajit Mishra, vice-president,...
