Reliance Life has place its IPO plans on keep for now

Reliance Life has place its IPO plans on keep for nowReliance insurance arm Reliance Life has place its IPO plans on keep for now. Nevertheless, it’s still in discussions for a possible stake sale It was planned to become India’s 1st insurance company to move public.

However after a year of planning, reliance life has thought to push its offer ideas by nearly 1 entire yr. The firm says the firm is yet to obtain unique finance ministry clearance for that issue.

This clearance is important, because the company hasn’t yet finished the stipulated ten years of operations. Additionally , it needs additional time to come to terms with the regulatory changes the industry has seen recently.

Be Sociable, Share!
Tags: , ,

Stock Market Basics For Beginners

Intraday Tips For Today

Intraday Tips For Today Nsestocktips.in provide intraday trading tips, daily update share tips , you want share tips on mebile subscribe our special offer plan for more share stock ...…

What is Support And Resistance?

What is Support And Resistance? One of several interesting phenomena of share markets that are usually catchy is a activity of share prices at the blink of eyes. At one ...…

Cut Off Price Meaning

Cut Off Price Meaning In the Book building issue, the issuer is needed to show either the floor price or price band in the red herring prospectus. The actual ...…

Public Provident Fund

Public Provident Fund Public Provident Fund: long-term savings device which has a maturity period of 15 yrs and interest payable at 8 percent per year compounded yearly. A ...…

What is a Demat Account ?

What is a Demat Account ? Demat account permit you to buy, sell and transact shares without the endless paperwork and delays. It is also secure , safe, and convenient. The term ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics