LIC raises Rs 5,627 crore from anchor investors, 71% of overall anchor book subscribed by domestic MFs

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03 MAY 2022 View in Browser

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LIC raises Rs 5,627 crore from anchor investors, 71% of overall anchor book subscribed by domestic MFs   According to media reports, the public offer of the insurer saw bids from anchor investors to the tune of Rs 7,000 crore against the anchor book size of Rs 5,627 crore.     Warren Buffett's Berkshire Hathaway boosts stake in Activision Blizzard, stock still down by 20% from Microsoft's acquis...   The Activision Blizzard investment is the latest of a series of multi-billion dollar investments by Warren Buffett's Berkshire Hathaway this year.     Looking to invest in gold this Akshaya Tritiya? Check offers from prominent gold players   On the occation of Akshaya Tritiya, gold brands are gearing up to open the shutters for people who are excited to invest in gold this festive season.     Mumbai-Ahmedabad Bullet Train Project: 100 per cent contract placed for civil and track work in Gujarat   According to the ministry, 100 per cent contract have been placed for civil and track work in the Gujarat area.     COVID-19: Is the worst behind us? Dr Gangandeep Kang on the virus & the vaccines   Dr Gagandeep Kang, India's most respected virologist and the professor at the Christian Medical College, Vellore talk to Financial Express Online on the virus, the concerns in some quarters about a possible wave yet again as also on what next now for the vaccines.     Exports up 24% at $38 billion in April   The trade deficit in April 2022 widened to USD 20.07 billion as against USD 15.29 billion in the year-ago period, it said.     Driven by big pharma needs, Syngene to focus on expanding breadth of services & capabilities   Speaking to Financial Express Online, Mahesh Bhalgat, chief operating officer at Syngene, accompanied by his chief financial officer Sibaji Biswas, says, "we are investing heavily in capability building reflecting in the ability to take up more work in technologies such as newer medicinal products based on biologics."     Railway Board Chairman reviews functioning of Unified Command & Control Centre at Mumbai Central   Indian Railways have electrified 80 per cent of its entire network and soon, it will accomplish the target of 100 per cent electrification.     Here's why employers must make healthcare a part of their Employee Value Proposition   Most of the companies known as "great places to work" incorporate proactive preventive healthcare practices into their employee wellness programmes.     In Pictures – Muslims around the world celebrate Eid-Al-Fitr 2022   Eid-ul-Fitr marks the end of holy month of Ramadan.

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