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Jio’s mega IPO breaks all records with Rs 2.5 lakh crore anchor demand: BlackRock, GIC, LIC participateJio Platforms is making waves with its IPO, drawing in around Rs 2.5 lakh crore from institutional investors, reflecting remarkable enthusi...- Jio IPO draws Rs 2.5 lakh crore in anchor bids from over 70 investorsJio Platforms’ Rs 30,188 crore IPO has attracted institutional bids worth around Rs 2.5 lakh crore, more than 30 times the size of its anch...
- Salary up to Rs 25,000: EPFO reveals how you can enrol for EPF, EPS and ELDI schemesThe government recently raised the wage ceiling for the Employees' Provident Fund to Rs 25,000, allowing a broader range of workers to acce...
- NPS Central launched: Subscribers can now access CRA, pension fund and PoP services at single performThe Pension Fund Regulatory and Development Authority has rolled out NPS Central, a transformative digital platform designed for hassle-fre...
- Former NHB chairman Raj Vikash Verma passes away at 72; pioneered mortgage guarantee in IndiaRaj Vikash Verma, a leading figure in the financial sector, passed away at the age of 72. He played a crucial role in advancing housing fin...
- Government renames prominent pension schemes: Increase disability pension amount; continues old aged and widow pensionsThe Indian government has approved the continuation of the National Social Assistance Programme with significant financial outlay. Changes ...
- India & Canada aim to close trade deal before Modi visit"We are hoping to get there. We have another round of negotiation, as I mentioned, on November 9 back in New Delhi. So, I'll be bringing my...
- Jio’s mega IPO draws strong interest from global fundsInvestors that have shown interest in the anchor book include the Government of Singapore Investment Corporation (GIC), Fidelity, Norway's ...
- New York City pension fund asks Anthropic to delay IPOThe supervisor of New York City's pension funds, one of the largest in the United States, asked Anthropic to postpone its stock market debu...
- Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
- Tatkal NPS now available on BHIM app: How to open NPS account in 3 stepsThe Tatkal National Pension Scheme (NPS) is now available through the BHIM Payments App for eligible bank customers. This feature simplifie...
- NPS investment in startups: AINPSEF writes to PM Modi seeking probe and asks for dissolution of NPS TrustManjeet Singh Patel has alleged serious financial irregularities concerning the National Pension System Trust. He has requested a high-leve...
- NPS Charges: ₹20,000 a year on ₹1 crore corpus; What subscribers should know before investing through PoPThinking about joining the National Pension System (NPS)? The choice you make between accessing e-NPS or utilizing a Point of Presence (PoP...
- Insurance, NPS equity investments plunge 45% to Rs 22,714 crore in September quarterInsurance companies and NPS funds have decreased their combined investments in Indian equities by 45%. They invested ₹22,714 crore in the S...
- BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...
- Zetwerk raises Rs 2,251 crore from anchor investors ahead of IPOThe Bengaluru-based company allotted 149.1 million equity shares at Rs 151 apiece, the upper end of its IPO price band of Rs 143-151, accor...
- Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
- Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stakeIn a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of...
- What is CalPERS? California's richest pensioners revealed - Retired public employees reportedly collecting over $400K a year without workingCalifornia's public pension system has resulted in over 63,000 retirees collecting annual pensions exceeding $100,000. These significant pa...
- Higher EPS pension: Pensioners seek PM Modi’s intervention over EPFO's stance on higher pension casesEPS pension: In a recent letter to Prime Minister Modi, the National Confederation of Pensioner Associations highlighted critical issues wi...
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