Nikunj Ohri
Stories by Nikunj Ohri
India’s Bajaj Allianz, ICICI Prudential get tax notices amid wider probe
The IRDAI has, effective April 1, removed separate limits for commissions.
Govt to invite financial bids for privatising Shipping Corp of India in May
The government holds a 63.75% stake in SCI.
India’s LIC plans to cap investment exposure post Adani debacle
State-run LIC was criticised for having over $4b exposure to companies from the group.
India’s money laundering rules to apply to crypto trade
India is yet to finalise legislation and regulations surrounding cryptocurrencies.
India may rope in LIC, pension fund to invest in green bonds
LIC and EPFO have combined assets under management of $605b.
India’s LIC to seek clarifications from Adani group following Hindenburg’s allegations
LIC owned a 4.23% stake in the flagship Adani Enterprises as of end-December.
Indian government gets bids for majority stake in IDBI bank
The government, which owns 45.48% of IDBI Bank, is looking to divest a 30.48% stake in the lender.
Indian state-run firms to stay exempt from public shareholding norms
The exemptions from the MPS norm will be valid for a 'specified period'.
Indian regulator PFRDA proposes to bring gig workers into pension fold
PFRDA has proposed that workers at food and cab aggregators be enrolled in the national scheme.
LIC hopes to book $4.9b profit from selling shares in 2022-23
"While we are long-term investors... we are not averse to booking profits," says chairman.
