Potential investors in India’s giant LIC IPO worry about government control of insurance sources

MUMBAI, Feb. 22 (Reuters) – Potential investors in the $ 8 billion IPO of Life Insurance Corp of India (LIC) are seeking assurances from the company’s management that they will not sacrifice their interests to meet government-set goals. by its controlling shareholder, sources said. In virtual roadshows to India’s largest public listing ever, LIC management … Read more

US equities rebound, investors digest news of 2022 rate hikes

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, January 10, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Sign in US equities reverse course to rise based on Fed remarks Fed Chairman Jerome Powell said he plans to raise rates this … Read more

India, Tesla in “strange stalemate” on requests for tax cuts without sources of investment commitment

The Tesla carmaker logo can be seen at a dealership in London, Great Britain on May 14, 2021. REUTERS / Matthew Child Register now for FREE unlimited access to Reuters.com Sign in NEW DELHI, Jan. 20 (Reuters) – Talks between India and Tesla Inc (TSLA.O) over potential tax benefits are stalled as the government is … Read more

Asian equities, dollar hunt as investors watch Fed policy

Pedestrians wearing face masks walk near an overpass with an electronic card showing stock information, following a coronavirus disease (COVID-19) outbreak, in Lujiazui Financial District in Shanghai, China, 17 March 2020. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Sign in Asian equity markets: Nikkei down 0.9%, trading resumes after the … Read more

SWF and public pension fund assets hit a record $ 31.9 trillion – report

The Singapore sovereign wealth fund GIC Pte Ltd logo is seen on a building in Singapore on 6 July 2017. REUTERS / Darren Whiteside Register now for FREE unlimited access to Reuters.com Sign in LONDON, Jan. 1 (Reuters) – Assets held by world sovereign wealth and public pension funds rose to a record $ 31.9 … Read more