Business Standard brings you the top headlines on Tuesday
The government is discussing selling as much as a 7% stake in LIC through the listing, say people with knowledge of the matter
The Centre may increase the allotment of its shares in the IPO of LIC. More on that and other stories in our top headlines this morning.
The market regulator has approved LIC's updated draft red herring prospectus (DRHP), paving the way for the Centre to file the red herring prospectus (RHP) for India's biggest IPO.
After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations
54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said
Firms will now require to update their financials
The government is expecting the launch of the initial public offering (IPO) of Life Insurance Corporation of India (LIC) in two to three weeks
Feels market conditions improving, but still keeping a watch; updated DRHP filed with Sebi
Business Standard brings you the top headlines on Monday
The IPO was originally planned to be launched in March, but the Russia-Ukraine crisis has derailed the plans as stock markets are highly volatile
LIC management can decide on stock split after listing
The Federal Reserve on Wednesday raised interest rates for the first time since 2018 and laid out an aggressive plan to push borrowing costs to restrictive levels next year
Chief Minister Pinarayi Vijayan, who moved the resolution in the Assembly, opined that leaving the insurance giant to the interests of private players would not be beneficial to the country
The govt's plan to mop up over Rs 60,000 cr by selling 5% stake of LIC this financial year seems to have hit a roadblock, because of the war in Ukraine. Find out the implications of this delay
What does a delayed LIC IPO mean? Why are top lenders bullish about digital-only banks? Should you join the TCS stock buyback bandwagon? What is RTGS? Find all answers here
A market volatility index for India around 15 will be a comfortable level for the government to launch the IPO, says a source
RBI has publicly expressed strong reservations against permitting cryptocurrencies
The government is hopeful of bringing out India's largest IPO before May
The benchmark Nifty bounced sharply from its low of 15,748 last week to close at 16,630