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.
HDFC plans to sell the shares in HDB Financial Services Ltd. and raise about Rs 100 billion, generating funds that will help it expand lending amid a crunch faced by shadow banks.
With no interested buyers bidding for its purchase, selling shares in an initial public offering can help the govt retain control of Air India Ltd. and raise cash
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
In the name of disinvestment the Govt. has given up the assets it used to hold and regulate itself. LIC could be the next after Sick Air India. After getting crores from RBI, then privatizing the Railways in stages , now LIC is perhaps the richest institution of all times. The wolf is ready to stuck for the big feast. No matter the masses from various trade associations opposes the move , nevertheless LIC will be done by next year. Meanwhile the 130 Crore Indians will be kept busy in CAA and NRC with PAK/CHINA as agendas to be covered by the Television anchors. In my home town hundreds of BSNL employees have started taking VRS making another area prone to be let out in open hands. I often listened that “Bhagwan jab bhi deta hai, Chappar Phad ke deta hai”, Here its exactly reversed “Govt. jab bhi leta hai , Chappar bhi phad deta hai”. Even Vishnu and Mahesh are surprise by the functioning of Mota Bhai and Chota Bhai. The share markets have given its response with a loose hand falling more than 700 points kicking a fire for the small time investors. Are we heading towards an economy similar to that of Sri lanka, Myanmaar, Yemen, Syria, Venezuala etc which is struggling to stand even after multiple support from various sides. Rest the rightist are doing brisk political moves similar to that of Taliban and it seems the move is doing good for the Govt. as the rest are busy fighting social media wars. Newer mind with billions in its room to attract the beast, LIC will or may fall to the might of the invasion as the necessary homework has already been exercised to get a clear hit. The Various Unions may finally succumb to the lucrative VRS offers to set out the opponents in a legal framework.
In the name of disinvestment the Govt. has given up the assets it used to hold and regulate itself. LIC could be the next after Sick Air India. After getting crores from RBI, then privatizing the Railways in stages , now LIC is perhaps the richest institution of all times. The wolf is ready to stuck for the big feast. No matter the masses from various trade associations opposes the move , nevertheless LIC will be done by next year. Meanwhile the 130 Crore Indians will be kept busy in CAA and NRC with PAK/CHINA as agendas to be covered by the Television anchors. In my home town hundreds of BSNL employees have started taking VRS making another area prone to be let out in open hands. I often listened that “Bhagwan jab bhi deta hai, Chappar Phad ke deta hai”, Here its exactly reversed “Govt. jab bhi leta hai , Chappar bhi phad deta hai”. Even Vishnu and Mahesh are surprise by the functioning of Mota Bhai and Chota Bhai. The share markets have given its response with a loose hand falling more than 700 points kicking a fire for the small time investors. Are we heading towards an economy similar to that of Sri lanka, Myanmaar, Yemen, Syria, Venezuala etc which is struggling to stand even after multiple support from various sides. Rest the rightist are doing brisk political moves similar to that of Taliban and it seems the move is doing good for the Govt. as the rest are busy fighting social media wars. Newer mind with billions in its room to attract the beast, LIC will or may fall to the might of the invasion as the necessary homework has already been exercised to get a clear hit. The Various Unions may finally succumb to the lucrative VRS offers to set out the opponents in a legal framework.
Why don’t sell the government itself , it will bring efficiency and discipine ???