Cabinet clears LIC's 'mega' IPO, decision soon on pricing, quantum of stake

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Cabinet clears LIC's 'mega' IPO, decision soon on pricing, quantum of stake

New Delhi: The Cabinet has likely cleared the plan for Life Insurance Corporation’s (LIC) mega IPO last week, govt sources told ET Now. The government plans to list LIC on exchanges before March of FY22. SHOW FULL STORY. Representational Image.
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China is injecting $150 billion into the economy — that may fuel a short-term rally, UBS says

The People’s Bank of China is set to cut the reserve requirement ratio by 50 basis points for all banks, a move that will release around 1 trillion yuan ($154 billion) in long-term liquidity into the economy. “We think this broad-based RRR cut could boost market …
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Baker CO Forensic Accounting/Payroll Processing – Bookkeeping Services Launched

Bookkeeping Solutions 5280 (+1-720-608-6240) has just updated its accounting services. It provides clients in Baker, Five Points, Platt Park, Capitol
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Bank profits are poised to surge as the pandemic recedes.

The nation’s biggest banks are about to report windfall profits as customers increase their spending and the economy bounces back from the pandemic. Profits for behemoths including JPMorgan Chase and Goldman Sachs are expected to jump when they …
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Africa: Tanzania Leads Africa in Public Sector Financial Accounting

Tanzania is one out of only two African countries that have adopted accrual accounting system in year-end financial reports, in efforts to promote
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