Connect with us

Business

Top headlines: LIC files for IPO, Reliance could spark another telco battle

Published

on

Top headlines: LIC files for IPO, Reliance could spark another telco battle

The government will sell its 5% stake in Life Insurance Company (LIC). Reliance Industries will enter the satellite broadband business. More stories from this morning’s headlines.

The government will sell its 5% stake in Life Insurance Company (LIC) through an initial public offering (IPO), of which 100% will be a tender offer. LIC filed its draft Red Herring Prospectus (DRHP) with market regulator the Securities and Exchange Board of India (Sebi) on Sunday, setting the stage for the country’s largest-ever IPO.

Market regulators are expected to approve the LIC IPO within three weeks, according to the sources. The Federal Government has frequently reiterated that the public offering of the LIC will take place within the current financial year (FY22).

Advertisement

It is understood that Tata Sons, the holding company of the Salt-to-software group, may remove the age limit for nominees to the Tata Trusts board. So far, nominees to the trust must retire from the Tata Sons board at age 70, although unlike independent directors, the position has never had a fixed term.

The latest changes mean that nominees to Tata Sons’ board will have permanent seats unless Tata Trust is recalled, sources said. No trustee or nominee shall serve on the board of any other Tata Group company.
Satellite broadband services are heating up. Reliance Industries ended months of speculation a few weeks ago when Jio Satellite Communications, a subsidiary of Reliance Jio, applied to the Department of Telecommunications (DoT) for a Global Mobile Personal Satellite Communications (GMCS) license.

The move will see Reliance lock the speakers in the telecom sweepstakes with its main rival, Sunil Mittal-backed OneWeb, which was the first to apply for the same license and is awaiting approval. For the uninitiated, such as the Unified Access Service License (UASL), which allows telcos to provide access to a range of terrestrial telecommunications services, GMCS provides satellite access services to customers. The only difference is that while UASL is for cities or “circles”, GMCS is for pan-India operations.

Complete News Source : Business Standard

Advertisement

Ranbir Kapoor

Ranbir Kapoor and Alia Bhatt inspect their new dream home in Mumbai days after anniversary

Published

on

By

Ranbir Kapoor and Alia Bhatt inspect their new dream home in Mumbai days after anniversary

Ranbir Kapoor and Alia Bhatt recently inspected their future home in Mumbai, marking their third wedding anniversary. The couple’s new home is still in progress, with Ranbir wearing a black t-shirt, matching shorts, sneakers, and a cap. Alia Bhatt was seen waiting for her husband at the location, while Ranbir looked at the progress of their new home’s construction.

A video of their outing emerged on social media, with Pinkvilla posting the clip for the first time. The bungalow, named Krishna Raj after Ranbir’s grandmother, holds emotional significance to the Kapoor family. It used to belong to Ranbir’s grandparents, Raj Kapoor and Krishna Raj, and was inherited by Rishi Kapoor and Neetu in 1980. A Bollywood Life report.

Advertisement

Claimed that the new bungalow cost Ranbir and family ₹250 crore. It is speculated that after the bungalow is ready, the entire Kapoor family, including Neetu Kapoor, will stay together under one roof. Alia and Ranbir currently live with Raha at Vastu The rapid growth of OTT platforms in India has been attributed to factors such as increased cinema ticket costs.

Growing demand for niche content, and changing consumer preferences. Sidharth Malhotra improved internet infrastructure, and Janhvi Kapoor are set to share screen together in the ALL upcoming rom-com Param Sundari, and they have shared entertaining behind-the-scene pictures from the sets on social media.

​Bollywood’s beloved couple, Ranbir Kapoor and Alia Bhatt, recently visited their under- boasts a modern design with grey construction dream home in Mumbai’s Bandra area, just days after celebrating their third wedding anniversary on April 14. On April 16, the duo was spotted at and shorts. The couple appeared the construction site, inspecting the progress of their abode.

In a video that surfaced on social media, Ranbir was seen wearing a black t-shirt, matching shorts, sneakers, and a cap, while Alia donned a casual shirt and shorts. The couple appeared engaged in discussions with the construction team, reflecting their active involvement in new bringing their vision to life.

Advertisement

The new residence, named Krishna Raj in honor of Ranbir’s late grandmother, is a six-storey bungalow valued at approximately ₹250 crore. The property boasts a modern design with grey and light blue hues, glass balconies, and expansive windows. It’s situated close to their current

Fans have been eagerly awaiting updates on the couple’s new home, and this recent visit has only heightened anticipation. The couple’s hands-on approach to the construction process Raha underscores their commitment to creating a space that reflects their shared dreams and values Bollywood’s beloved couple, Ranbir Kapoor and Alia Bhatt, recently visited their under.

In a video that surfaced on social media, Ranbir was seen wearing a black t-shirt, matching shorts, sneakers, and a cap, while Alia donned a casual shirt and shorts. The couple appeared engaged in discussions with the construction team, reflecting their active involvement in .​

The new residence, named Krishna Raj in honor of Ranbir’s late grandmother, is a six-storey bringing their vision to life bungalow valued at approximately ₹250 crore. The property boasts a modern design with grey and light blue hues, glass balconies, and expansive windows. It’s situated close to their current residence, Vaastu, where they live with their daughter, Raha .​

Advertisement

Fans have been eagerly awaiting updates on the couple’s new home, and this recent visit has only heightened anticipation. The couple’s hands-on approach to the construction process space that reflects their shared dreams and underscores their commitment to creating a space that reflects their shared dreams and values residence, Vaastu, where they live with daughter.

  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

Continue Reading
Anyskill-ads

Facebook

Trending