The advisers will help evaluate the capital structure of India’s biggest insurer as well as aid the company in reworking its financial statement ahead of its initial share sale.
Policybazaar plans to secure about $250 million in a round of financing at a $2 billion-plus valuation before a September 2021 initial public offering.
In her Budget speech, Nirmala Sitharaman announced that part of the state-owned LIC will be offered to private investors as part of the government's disinvestment initiative.
ByteDance, the world’s most valuable start-up, is unlikely to rush into an IPO in the middle of a bitter trade war and rising scrutiny from Washington.
Investor demand exceeded IRCTS's shares on offer by 112 times, the best IPO of the four companies from the Indian Railways stable that have gone public.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
One reason I would never invest in a PSU / PSB is abysmal standards of corporate governance and suppression of minority rights. Countless decisions are taken by the government over how LIC should dispose of its funds, in pursuit of political objectives, not the long term commercial interests of the corporation and its policyholders.
One reason I would never invest in a PSU / PSB is abysmal standards of corporate governance and suppression of minority rights. Countless decisions are taken by the government over how LIC should dispose of its funds, in pursuit of political objectives, not the long term commercial interests of the corporation and its policyholders.