Stock Current Affairs, GK & News

Initial Public Offering (IPO) of LIC- Highlights

The biggest-ever initial public offering (IPO) of India is by the Life Insurance Corporation of India (LIC). It has been fully booked under all the offered categories What percentage of shares is being sold? LIC’s IPO has received bids for 2.95 times the shares that were being offered. This helped the central government to raise ..

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SEBI permits MCX-SX to operate as full-fledged bourse

Securities and Exchange Board of India (SEBI) granted permission to MCX Stock Exchange (MCX-SX) to function as a full-fledged stock exchange, What effect this decision will bring ? With this nod MCX-SX would be able to offer additional asset classes such as equity and equity F&O (Futures and Options), interest rate futures and wholesale debt ..

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