”These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2022,” said a gazette notification issued recently. The notification has inserted a paragraph in the existing policy, allowing up to 20 per cent FDI in LIC through the automatic route. Since the foreign inflows’ ceiling for public sector banks is 20 per […]
LIC IPO | From the assessment ratings to the revised paper, this is the latest about the largest public offering in India
As an Indian life insurance company preparing to go public during the next month, a number of developments in the process began to emerge, in the midst of global global market projections and inflation projections. The government weigh all points for Woo investors and promises. This is the new one: Cut valuation Sources told Mint […]
LIC’s Mega IPO is not possible for this financial year: Source
New Delhi: Initial Public Offering (IPO) The largest Indian life insurance company, Corporation of India (LIC) seems impossible in this financial year 2021-22, the source told NDTV. The government can delay the Mega IPO LIC about market volatility as a Russian-Ukrainian conflict goes berserk, they add. While the center has until May 12 to launch […]