The Life Insurance Corporation (LIC) is planning to open its initial public offering (IPO), likely in the second half of FY20-FY21 according to reports. ( read original story ...)
Singapore and Malaysia police bust transnational job scam syndicate in joint operation
SINGAPORE: A transnational scam syndicate believed to be responsible for job scams involving more than S$1.3 million was dismantled in a joint operation by the Singapore Police Force (SPF) and Royal ... ( read original story ...)
Gemini Edible And Fats IPO: With Rs 2500 Crore Worth Shares On Offer, Here’s What One Should Know
The shareholders are expected to offload Rs 2,500 crore worth of shares. However, the Securities and Exchange Board of India (SEBI) has kept both the GEF and Adani-Wilmar IPOs in abeyance for now. ( read original story ...)
LIC IPO: Govt. of India Selects 10 Banks to Manage the Issue
India has selected 10 investment banks including Goldman Sachs, Citigroup and SBI Capital Market to handle the initial public offering of Life Insurance Corp of India, two government sources said, in ... ( read original story ...)
Centre selects 10 banks to manage Life Insurance Corp IPO
The government expects to raise 800 billion-900 billion rupees ($11 bln-12.2 bln) from its stake sale in Life Insurance Corp (LIC), as part of its plans to raise 1.75 trillion rupees from a privatisat ... ( read original story ...)
DBS scheme lets seniors borrow against private home to top up CPF as a way to generate more monthly income
Seniors living in private residences may be able to generate extra income from their property with the launch of a new loan scheme from DBS bank. ( read original story ...)
Digital Horizon Venture Fund Invests in Honest Bank Series A
Digital Horizon Venture Fund this week was among the investors in Singapore Fintech Honest Bank’s Series A financing round. The company raised a total of $19.7 million, with the round led by Insignia ... ( read original story ...)
IPO Corner: Here’s all the latest news from IPO-bound train of Indian startups
PharmEasy likely to file for IPO by October E-pharmacy platform PharmEasy is likely to file its draft papers by October ahead of its IPO later in the fiscal year. The development comes after the ... ( read original story ...)
Former Grab, ComfortDelGro execs launch Singapore’s first car subscription platform
Carzuno, Singapore-based car subscription startup announced that ... to avoid long-term commitment and large upfront expenses required to finance the purchase of a car. Carzuno also claims to ... ( read original story ...)
Thai insurtech Sunday raises $48m in funding led by Chinese investor
The financing comes a year after the insurtech startup raised $9 million in a pre-Series B bridge round led by SCB 10X. ( read original story ...)
Bank employee’s own disability no barrier to her mentoring others
In 2014, Deutsche Bank launched its dbEnable work placement programme for students with disabilities, and Ms Chan was among the three students in the first batch. The 10-week internship led to a ... ( read original story ...)
China Plans to Ban U.S. IPOs for Data-Heavy Tech Firms
China’s stock regulator plans to propose new rules that could thwart internet companies’ plans to list in the U.S. ( read original story ...)
GoFirst IPO back on track after Wadias resolve SEBI enquiry
GoFirst’s Rs 3,600-crore IPO likely to hit the stock exchanges by October or November after the low-cost airline’s promoters, the Wadias, resolved a pending enquiry against a group company and ... ( read original story ...)
EMERGING MARKETS-Singapore stocks drop 1% as ‘taper tantrum’ fears resurface
Singapore stocks dropped 1% on Friday as investors cut exposure to riskier assets over concerns of a shift in the U.S. Federal Reserve's pandemic-era accommodative stance and fears of geopolitical ... ( read original story ...)
SGX’s dollar debut met with enthusiasm
It also helped that the deal was small and there has been limited supply in the Asian dollar market. "I don’t think SGX is going to be a typical, regular issuer," he added. With that support, the ... ( read original story ...)
DBS Bank India to enter credit card business this year: MD Prashant Joshi
NEW DELHI: DBS Bank India Limited (DBIL), the wholly-owned subsidiary of DBS Bank of Singapore, is preparing to enter the credit card market in India this year in a bid to grow the high-margin ... ( read original story ...)