Government likely to invite bids from merchant bankers this month for LIC IPO

Government likely to invite bids from merchant bankers this month for LIC IPO

Government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to launch the IPO by January, an official said. The Department of Investment and Public Asset Management (DIPAM)...

Two IPOs are set to hit the market subsequent week, to escalate over Rs 2,500 crore cumulatively

Two IPOs are set to hit the market subsequent week, to escalate over Rs 2,500 crore cumulatively

Two firms Clean Science and Technology and GR Infraprojects are headed to the market with their initial share-sale offers subsequent week to increase a little over Rs 2,500 crore cumulatively. The companies are expecting to benefit...

Government readies amendments to GIBNA for insurance PSU privatisation

Government readies amendments to GIBNA for insurance PSU privatisation

To facilitate privatisation of a public sector general insurance firm, government is working on amendments to the General Insurance Business (Nationalisation) Act (GIBNA), and a Bill for that is likely to come up in...

Top Ways to Explain Work Gap in an Interview

Top Ways to Explain Work Gap in an Interview

Employment gaps are defined as periods of time when job seekers appear to be unemployed or away from the workplace. Certain resume layouts draw attention to these gaps in employment more than others. Employment gaps may be planned such as...

Should Companies continue with Work from Home post Pandemic

Should Companies continue with Work from Home post Pandemic

It’s been more than a year where employees are doing their work from home and companies are providing them all the tools in order to make them comfortable with the remote working situation. This was a huge step taken by the companies and...

5 Things to Know Before Starting an E-commerce Business

5 Things to Know Before Starting an E-commerce Business

There's a major change happening in the world of commerce and it's rising the playing field for innovative and visionary entrepreneurs globally. Retail stores are shifting online to adapt to new generation consumer's habits and a...

Over 130 Countries to Back Global Minimum Tax Rate

Over 130 Countries to Back Global Minimum Tax Rate

US Treasury Secretary Janet Yellen and the Organization for Economic Cooperation and Development (OECD) declared on Thursday that over 130 countries, including Switzerland, China and India, have accepted to back a global minimum corporate tax...

RBI Warns about the Rising Bad Loans Causing Stress among MSMEs

RBI Warns about the Rising Bad Loans Causing Stress among MSMEs

Under a severe stress scenario, the Reserve Bank of India (RBI) has warned that bad loans in the banking system will account for 11.22 percent of advances. The central bank also expressed concern about the beginnings of stress among medium and...

LIC IPO Process Set to Launch, All Structures Put in Place

LIC IPO Process Set to Launch, All Structures Put in Place

The government has broadsheet of amendments in the LIC Act, 1956, which are part of Finance Act 2021, making way for the well-established corporation, with over Rs 35 lakh crore assets, to corporatize and list its shares on domestic stock...

ICRA expects 12-14 percent growth for two-wheeler sales this fiscal

ICRA expects 12-14 percent growth for two-wheeler sales this fiscal

Ratings agency ICRA on Thursday maintained its growth forecast for the two-wheeler sales at 12-14 per cent for the ongoing fiscal, despite the second wave of the coronavirus pandemic hitting non-metro and hinterlands that dampened...

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