Aftab Ahmed
Stories by Aftab Ahmed
India: IPO-bound LIC’s embedded value set at over $66.8b, says official
This will help establish how much money the government raises in the flotation.
India seeks swift review of LIC prospectus to fast track country’s largest IPO
With LIC a household name in India, bankers are confident of robust demand from retail investors.
LIC said to open India’s biggest IPO issue by mid-March
The Indian government aims to raise up to $12.2 billion from selling a stake.
India seeks to block most private cryptocurrencies in new bill
The central bank is set to launch its own digital currency by December.
India likely to block Chinese investors from life insurance giant LIC’s IPO
State-owned LIC is considered a strategic asset, with assets over $500b.
India mulls foreign institutional investment of up to 20% in LIC IPO
The listing of LIC is set to be India's biggest IPO, with the government aiming to raise up to $12.24 billion from its stake sale.
India puts state-owned Life Insurance Corp’s IPO on fast track
The country is aiming to raise $11-12.2 billion from the stake sale.
India may fine Flipkart, founders $1.35b for alleged violation of foreign investment laws
Flipkart is already facing antitrust investigations in India.
India investigates Binance unit for crypto transactions violating forex rules
WazirX is being investigated for violation of forex rules involving transactions worth $381.93 million.
India is set to clear 45 investment proposals from China
About 150 investment proposals from China worth more than $2 billion were stuck in the pipeline.
