IndiaFirst Life targets IPO launch by March
January 2nd, 2024 07:30
IndiaFirst Life Insurance received approval for an initial public offering from the capital markets regulator Sebi in March last year and aims to float the issue by March. The company is meeting investors to gauge the market sentiment.
Saudi Fund outpaces GIC with $31.6-billion splurge
January 2nd, 2024 07:30
PIF, as the Saudi fund is known, deployed $31.6 billion in 2023, according to research consultancy Global SWF. That was higher than the $20.7 billion it invested the previous year, an increase that contrasts with a wider trend - globally state-owned investors deployed $124.7 billion, about a fifth less than the prior year.
India hikes windfall tax on crude oil
January 2nd, 2024 07:30
The government hiked the windfall tax on petroleum crude oil to 2,300 Indian rupees ($27.63) a ton from 1,300 rupees, it said.
Major Japan quake kills six, triggers tsunami waves
January 2nd, 2024 07:30
The scale of the damage from Monday#39;s quake was still emerging, with news footage showing toppled buildings, sunken boats at a port, countless charred homes, and locals without power in freezing overnight temperatures.
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