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A16z backs HappyRobot at $1.2bn valuation●How the South became America's biggest buyer's market●Pet costs are soaring — and owners can't keep up●AI offers 'lifeline' for emerging economies, World Bank says●BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion●As Clarity Act teeters, mystery group hammers away at crypto in Washington ads●Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement'●Filatex India shares can rally to Rs 118? Why Equirus Prive initiated coverage on the stock●A16z backs HappyRobot at $1.2bn valuation●How the South became America's biggest buyer's market●Pet costs are soaring — and owners can't keep up●AI offers 'lifeline' for emerging economies, World Bank says●BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion●As Clarity Act teeters, mystery group hammers away at crypto in Washington ads●Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement'●Filatex India shares can rally to Rs 118? Why Equirus Prive initiated coverage on the stock●

Asia

Institutional investors over-subscribe LIC OFS, govt opts for green-shoe option

Markets-Economic Times · 1h ago · 🇮🇳 India

Institutional investors over-subscribe LIC OFS, govt opts for green-shoe option

The government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amounting to an impressive Rs 36,400 crore received on Tuesday. The government is offloading a 6.5 percent stake in the leading insurer to fulfill regulatory public shareholding mandates sooner than anticipated. Retail investors will have the opportunity to engage in this offer beginning Wednesday.

Read the full story at Markets-Economic Times →

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