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More firms in India complying with CSR norms under Companies Act: Report
“While the overall CSR spending is increasing, it is also heartening to observe the increase in number of companies going beyond the 2 per cent mandate and even companies who are not required to spending allocating budgets for CSR and spending,” said Santhosh Jayaram, Partner and Head, Sustainability and CSR Advisory at KPMG in India.
6-7% LIC stake dilution enough to mop up ₹90,000 crore: CEA KV Subramanian
“There are legislative amendments required here in LIC. But I think this (LIC listing) is doable. LIC is a just a case of listing. I would think that about 6-7 per cent would be enough to get the entire ₹90,000 crore. I have done some back of the envelope calculations based on that… can say that just selling 6-7 per cent will be enough to mop up ₹90,000 crore,’
Association of stock brokers ANMI to mobilise 10 mn investors for LIC IPO
Capital mkts can play crucial role in achieving $5 trillion economy: Thakur
“We welcome suggestions with regard to various aspects of compliance reforms so that there is ease of access of FDI in Indian capital market. I compliment Sebi, the exchanges and the board of ANMI for working on the compliance review report, which will definitely help in enhancing the ease of doing business in India,” the minister said.
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