“Democracy is by the people, for the people, and of the people.”-Abraham Lincoln, 16th President of the USA (1861-65) We claim to be the largest democracy. Are we? Two latest developments raise this question....
In the USA right now, roadshows by our government to sell IDBI Bank are happening, soliciting prospective buyers.
“Banking is a very good business if you don't do anything dumb,” goes an anonymous quote.
On 12th May 2022, the bench headed by Honourable Justice D.Y. Chandrachud, Honourable Justice Suryakant, and Honourable Justice P.S. Narasimha admitted WP ( C ) No.366/2022 filed by advocate S. Prasanna and argued by...
The Life Insurance Corporation of India’s (LIC) Initial Public Offer (IPO) has been opaque and only after the issue of the Red Herring Prospectus(RHP) some details have emerged.
क्या है LIC आईपीओ के पीछे की कहानी? 5% शेयर की बिक्री बस एक शुरुआत है । अपने कॉर्पोरेट दोस्तों के लिए सब कुछ दाँव पर लगा देने वाली सरकार क्या 5% पर रुकेगी?...
If a PSU is in loss, sell it; if it is earning profit, still sell it. Thus LIC, the life insurance behemoth, is going down the hammer. The sale of 5% shares is just...
In its reckless privatisation drive, the Government of India (GoI) is selling the Central Electronics Limited (CEL) to Nandal Finance & Leasing Private Limited, a Non-Banking Financial Corporation (NBFC) with a dubious record, owned by a...
In its reckless privatisation drive, the union government is selling Central Electronics Limited (CEL) to Nandal Finance & Leasing Private Limited, an NBFC with a dubious record, owned by a furniture company, with less...
In spite of strong opposition from all sections of the society, the Finance Minister has recently asked her Ministries to speed up LIC Initial Public Offer (IPO).
The union government is bent upon privatising the Life Insurance Corporation of India. They stealthily announced an amendment to the LIC Act by making a statement in the Union Budget 2021 and made it...
Tuhin Kanta Pandey, Secretary, Dept of Investment and Public Asset Management was addressing Industrialists in the meeting ‘CII National Conclave’ and stated that disinvestment is back on track now. He is supposed to invest...
The present government is on a selling spree. Cartoonists have crafted some promising cartoons showing the Finance Minister of the country selling BSNL, Air India, BHEL etc. like a vegetable vendor. The government appears...
पिछले साढ़े चार वर्षों में, देश एक बड़ी सामाजिक-राजनीतिक और आर्थिक उथल-पुथल से गुजरा है जैसा पहले कभी नहीं था। हाल के इतिहास में कभी भी एक साथ देश के इतने बड़े समूह को...
The Financial Year 2018-19, which recently ended, proved to be the most challenging year for the financial world. The first and foremost challenge was the introduction of the Financial Regulatory and Deposit Insurance Bill...
