by AIP Online Bureau | May 13, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
LIC share trading on the stock exchange is due to begin May 17 LIC’s debut comes at a time when capital-market activities have significantly slowed globally as the war in Ukraine stokes market volatility and saps investor appetite Mumbai: India raised Rs 20,560 crore...
by AIP Online Bureau | May 9, 2022 | Indian News, Life, Wealth Management/ Philanthropy
Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency risks and the global market backdrop. The non-institutional investors’ portion was subscribed 1.38 times. Retail individual...
by AIP Online Bureau | Apr 25, 2022 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
The LIC board will meet Tuesday to decide the launch dates for its IPO along with the discount to be offered to policyholders, employees and retail shareholders LIC’s board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far...