;
India's Biggest-Ever IPO of Insurer LIC▼
Published 701d agoIndia raised $2.7 billion as its biggest ever initial public offering priced at the top of the range following strong demand from local investors. Overall, the Life Insurance Corporation of India offer was oversubscribed by nearly three times. The money will help the government bridge its budget deficit, and has been dubbed India's "Aramco moment" because of the offering's scale, and its reliance on domestic investors after some foreign buyers deemed it too expensive. Source
Share
- Business
- India's Biggest-Ever IPO of Insurer LIC
- News
- Donald Trump brings his campaign to the courthouse
- News
- Tensions high as Israel weighs response to Iran
- News
- US says if Israel strikes back at Iran it will do so alone
- Business
- Tesla to Cut Over 10% of Global Workforce
- News
- What you need to know to prepare for severe weather
- News
- ‘Rust’ armorer gets 18 months for fatal shooting by Alec Baldwin | NewsNation Now
- Business
- Iran vs Israel: How a possible retaliation could affect markets
- Business
- Expert tips for teaching your kids about financial literacy
- Business
- What are the odds the Fed hikes rates rather than cuts?
- News
- Iranian nuclear weapons program poses threat to the world: John Bolton | Morning in America
- News
- Police say Sydney attacker may have targeted women
- Business
- US grants Samsung $6.4B for Texas chipmaking facilities
- Business
- Why Goldman Sachs is seeing its 'cleanest quarter in a while'
- Business
- How US consumers can be smart shoppers during high inflation
- Business
- Market pullback is 'buyable dip': Strategist on Mideast risk
- News
- 2 officers killed in upstate New York
- Business
- Big Bank earnings, March housing data: What to Watch
- News
- Steve Schmidt's 2-Minute Warning: politics and religion
- News
- Vaccine being developed to fight tumors in liver cancer patients
- Business
- A tax bill may save you more money than a refund. Here's how.
