Clipped from: https://www.business-standard.com/article/markets/large-nse-shareholders-sell-stake-amid-ipo-delay-total-holding-down-by-10-122021801044_1.html Citigroup, Goldman Sachs and Norwest Venture sold their entire stake in FY22, exchange data shows; others have pruned holdings Institutional shareholders blame the
Category: ART
Race for IPO quota: LIC policyholders rush to link PAN with policies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/race-for-ipo-quota-lic-policyholders-rush-to-link-pan-with-policies-122021801383_1.html Photo: Bloomberg The Life Insurance Corporation (LIC) of India has started seeing a jump in policyholders linking their permanent account numbers (PANs) to LIC policies, signalling a
Biden is ‘convinced’ Putin has decided to further invade Ukraine | Business Standard News
Clipped from: https://www.business-standard.com/article/international/biden-is-convinced-putin-has-decided-to-further-invade-ukraine-122021900076_1.html After weeks of saying the US wasn’t sure if Putin had made the final decision to launch a widespread invasion, Biden said that
SC judge highlights need to provide the poor with efficient access to financial services – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-editorial-feature/sc-judge-highlights-need-to-provide-the-poor-with-efficient-access-to-financial-services/article65063930.ece Says move will also contribute to improvement of resource allocation, development of financial markets and system Justice S Abdul Nazeer, Judge of Supreme
NSE, Edelweiss, CDSL in the dock as FIR filed in Hyderabad – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/nse-edelweiss-cdsl-in-the-dock-as-fir-filed-in-hyderabad/article65063883.ece Delayed action caused heavy loss, say complainants NSE’s current management is now in the dock over a first information report (FIR) filed by
LIC’s ‘weak’ debt portfolio stands at Rs. 2.67-lakh crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/lics-weak-debt-portfolio-stands-at-rs-267-lakh-crore/article65063881.ece Insurer’s share of dud loans highest among peers and most banks At 7.74 per cent gross non-performing assets (NPA) in FY21, India’s largest
Dhani app loan fraud: Customers question lapses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/dhani-app-loan-fraud-customers-question-lapses/article65063889.ece Identity theft Earlier this week, users reported that their PAN data were used fraudulently to open accounts and avail loans cnythzl | Photo
IPO: LIC brass on overdrive to attract marquee investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/ipo-lic-brass-on-overdrive-to-attract-marquee-investors/article65063870.ece LIC’s mega IPO can raise as much as 25 per cent of the total capital raised in India last year | Photo Credit:
Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/investor-losses-in-paytm-nykaa-pb-zomato-mount-to-rs-1-3l-cr-since-day-1/articleshow/89636423.cms Synopsis Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39
A queen and a yogi: The chaotic unravelling of Chitra Ramkrishna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/a-queen-and-a-yogi-the-chaotic-unravelling-of-chitra-ramkrishna/articleshow/89638400.cms SynopsisNarain was appointed vice-chairman in non-executive category on the NSE’s board from April 2013 and remained so till June 2017. Over the last
FPI selling: Look where FPIs are investing as they continue to dump Indian equities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/look-where-fpis-are-investing-as-they-continue-to-dump-indian-equities/articleshow/89639256.cms SynopsisThe outflow owes to changing investment strategy of FPIs amid soaring commodity prices as at over $94 per barrel, crude oil trades at
The cost of possible war | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-cost-of-possible-war-122021501648_1.html Oil races to prices not seen since 2014 The markets globally have been volatile, driven by a rapid flow of information from the
Sebi makes separation of Chairman, MD posts voluntary for India Inc | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-makes-separation-of-chairman-md-posts-voluntary-for-india-inc-122021501442_1.html Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports Securities and Exchange Board of India
LIC policyholders must update PAN details by Feb 28 to participate in IPO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lic-policyholders-must-update-pan-details-by-feb-28-to-participate-in-ipo-122021501387_1.html The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in
No-nonsense industrialist | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-nonsense-industrialist-122021300929_1.html Rahul Bajaj was a rare India Inc voice One of the wry jokes about India Inc was its penchant for double-speak, fulsomely praising
Home insurance policy: Buyers, now get ready for structural audit | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/home-insurance-policy-buyers-now-get-ready-for-structural-audit-122021500046_1.html Fortify yourself further by purchasing adequate insurance cover for the building and its contents The recent news of a portion of the sixth
LIC disinvestment: Right and wrong | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/lic-disinvestment-right-and-wrong-122021500007_1.html The central government is disinvesting 5 per cent of the shares of the Life Insurance Corporation of India (LIC) The Government of India
Governance breakdown | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/governance-breakdown-122021401897_1.html Sebi order exposes how NSE was run The Securities and Exchange Board of India (Sebi) last week issued the final order on the
Ensuring transparency | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/ensuring-transparency-122021401893_1.html LIC’s listing will have multiple benefits Giant public sector insurer Life Insurance Corporation (LIC) has filed its draft red herring prospectus (DRHP) and the details
LIC IPO documents: Insurers’ unclaimed amount crosses Rs 20,000 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/unclaimed-amount-lying-with-lic-bigger-than-budgets-of-entire-ministries-122021401593_1.html Total was in excess of Rs 20,000 crore as of September, shows offer document data Life Insurance Corporation The amount of money lying