by AIP Online Bureau | Oct 22, 2022 | Indian News, Regulation, Wealth Management/ Philanthropy
BOB, India’s third largest PSU bank, holds 65 per cent stake in the company, followed by Warburg Pincus affiliate Carmel Point Investments India that owns 26 per cent stake and Union Bank of India that has 9 per cent shareholding Mumbai: Bank of Baroda-promoted...
by AIP Online Bureau | Oct 1, 2022 | Indian News, Non-Life, Regulation, Wealth Management/ Philanthropy
The Sebi was concerned that privately-held Digit issued shares to more than 200 individuals in the past financial year, which is not allowed under Indian laws and regulations MUMBAI: India’s markets regulator will restart a review of a $440 million initial...
by AIP Online Bureau | Sep 19, 2022 | Indian News, Non-Life, Regulation, Wealth Management/ Philanthropy
Without disclosing the reason, Sebi said “issuance of observations (has been) kept in abeyance” with regard to the IPO of Go Digit, an update on the regulator’s website showed on Monday. The information was updated on September 16 The issuance of...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Life, Wealth Management/ Philanthropy
AIG said it sold 80 million Corebridge shares at $21 per share, which was at the lower end of their indicated target range of $21 to $24 per share The IPO values Corebridge at $13.6 billion. All proceeds of the IPO will go to AIG and the new company is not raising new...
by AIP Online Bureau | Aug 16, 2022 | Indian News, Non-Life, Wealth Management/ Philanthropy
Prem Watsa, CEO, Fairfax The proceeds from its fresh issuance are worth Rs 1250 crore and will be utilised for the augmentation of the company’s capital base and maintenance of solvency levels and general corporate purposes Fairfax owned by Indian born Canadian...
