New Delhi, May 16 : After record-high levels of IPO activity in 2021, volatile market conditions have resulted in a significant slowdown during the first quarter of 2022. In Q1 2022, the Indian market introduced 16 IPOs vs 23 IPOs in Q1 2021, according to the EY Global IPO Trends Q1 2022. […]
Category: Economy
Not qualified for the post? Promote higher: IRDAI policy
By Venkatachari Jagannathan Chennai, May 16 : Not qualified for the post of Chief General Manager in Insurance Regulatory and Development Authority of India (IRDAI)? Then promote the official as Executive Director, the next higher cadre seems to be the IRDAI's policy, said officials. Speakin […]
Adani Group to buy 49% in Quint; media company's shares up over 9%
New Delhi, May 16 : Adani Group's unit AMG Media Networks will buy a 49 per cent stake in Raghav Bahl-run digital business news platform Quintillion Business Media for an undisclosed sum, a regulatory filing to the exchanges said. The Adani Group company Adani Enterprises forayed into the medi […]
IAMAI urges GST Council to keep 18% tax on online gaming
New Delhi, May 16 : The Internet and Mobile Association of India (IAMAI) on Monday urged the GST Council to continue maintaining the GST on online gaming at 18 per cent and any further increase will hamper the overall wellbeing of the industry. Discussions are ongoing among various stakeholder […]
Swastika Investmart sees 'flat' listing for LIC, recommends investors to go long
New Delhi, May 16 : Brokerage house Swastika Investmart anticipates that LIC is likely to have a "flat" listing. The brokerage's rationale behind the anticipation is based on the current market situation such as increased inflation statistics, FII outflows, currency weakness, geopolitical and […]
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