Some lenders in talks with LIC for pvt placement
Mop-up misses target as big FIIs skip issue.
Operators in this unofficial market are offering an upfront sum of anywhere between Rs 5,300 and Rs 6,000 to retail investors, who will get shares in the offer at a 5 per cent discount to the issue price.
Many factors leading to the 2008 financial crisis still exist.
With outlook uncertain for a range of sectors, no one is quite sure of where to invest in stocks
The public-sector lenders were yet to get a formal proposal on sale from HSBC.
Inability of stocks to return to their highest levels is one of the reasons why retail investors have been reluctant to return to the market.
A person familiar with the matter said the deal could be finalised in a month.
The sale will help the government to meet disinvestment target.
In an interview with Business Standard, Sebi Chairman U K Sinha discusses investment advisory rules and how regulators are coming together to resolve issues.
Lower returns seen drying up investor demand this financial year
The consumer goods segment faces an uphill task of retaining investor interest in the near future as valuations become expensive.
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