Govt could not have to amend any regulation for allowing international participation in LIC IPO

Govt could not have to amend any regulation for allowing international participation in LIC IPO

[ad_1] The federal government will not be required to amend any laws to permit foreign participation within the proposed preliminary share sale of insurance coverage large Life Insurance coverage Company of India (LIC), sources stated. Overseas participation could be allowed as per the itemizing norms of the Securities and Trade Board of India (SEBI) and … Read more

Assured that LIC itemizing ought to occur by fourth quarter of this 12 months: CEA Subramanian

Assured that LIC itemizing ought to occur by fourth quarter of this 12 months: CEA Subramanian

[ad_1] Chief Financial Adviser Krishnamurthy Subramanian on Saturday expressed confidence that the itemizing of LIC would occur by the fourth quarter of this 12 months. “…this 12 months’s finances has Rs 1.75 lakh crores because the proceeds from privatisation. Air India is continuing effectively. You should have learn that there are two bids which have … Read more