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UTI Asset Management Company Limited IPO opens for subscription on 29th September 2020
Posted On: 2020-09-28 22:44:35 (Time Zone: Arizona, USA)
The initial public offer (IPO) of UTI Asset Management Company Limited (UTI) opens for subscription on 29th September 2020 and closes on 1st October 2020. The price band has been set at Rs. 552- Rs. 554 for a bid lot of 27 equity shares and at the upper price band, total issue size stands at Rs. 2,159.8 Cr. The issue consists of only offer for sale (OFS) from SBI, LIC, BoB, PNB and T. Rowe Price International Ltd (TRP) and the company will not receive any proceeds from this offer. The prime purpose of the issue is to achieve the benefits of listing shares on stock exchanges.
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The control of foreign ownership of landed property in Nigeria
is regulated by the Acquisition of Lands by Alien Laws of
respective States, while the ownership of land generally is
regulated by the Land Use Act of 1978. By virtue of
Section
1 of the Land Use Act 1978, all lands in Nigeria are
vested in the Governor of each state. Section 1 of the Land Use Act
provides that;
Subject to the provisions of this Act, all land comprised
in the territory of each State in the Federation is hereby vested
FASTag is being made mandatory for all vehicles across the country from January 1, 2021
Google Pay-ICICI Bank FASTag: ICICI Bank announced a collaboration with Google Pay which will allow users to buy FASTag through UPI on the payments app. This will allow users to order, track, and recharge ICICI Bank FASTag digitally through the UPI on the payments app itself. This initiative will ensure the safety of users as it will put an end to visiting the merchants in person, and going to toll locations to buy a FASTag. With this collaboration, the ICICI Bank has become the first bank to join partner with Google Pay for issuing FASTags. It will also strengthen digital payments for FASTag. (