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PNB raises ₹ 1,800 crore via QIP offering - The Hindu BusinessLine

PNB raises ₹ 1,800 crore via QIP offering
K.R.Srivats
New Delhi |
Updated on
May 16, 2021
Issues 53.33 crore shares at ₹ 33.75 per share
Punjab National Bank (PNB), the country‘s second largest public sector bank, has raised ₹ 1,799.99 crore through its latest Qualified Institutional Placement (QIP) offering that saw the bank issue 53.33 crore shares at ₹ 33.75 per share, which is about 5 percent discount to the floor price of ₹ 35.51 per share, to institutional investors.
The QIP issue, which had opened on Monday and closed on Friday, saw several marquee institutional investors including Life Insurance Corporation (₹400 crore), Societe Generale(₹417 crore), BNP Paribas Arbitrage ₹240 crore), Morgan Stanley Asia (Singapore) Pte (₹ 150 crore) getting allotments more than 5 per cent of the equity shares offered in the QIP, sources said. ....

Societe Generale , Mallikarjuna Rao , Morgan Stanley Asia , Punjab National Bank , Life Insurance Corporation , Qualified Institutional Placement , Qip Offering , Floor Pricing , சமூகம் ஜெநர்யால் , மல்லிகார்ஜுனா ராவ் , மோர்கன் ஸ்டான்லி ஆசியா , பஞ்சாப் தேசிய வங்கி , வாழ்க்கை காப்பீடு நிறுவனம் , தகுதி நிறுவன வேலை வாய்ப்பு ,

Insurance claims for loss of loved ones now made easy - The Hindu BusinessLine

Insurers are taking several steps to ease claim documentation and settlement processes ....

Chatbots Ligo , Armed Forces Corporate Hospitals , Development Officers , Exide Life , Mobile App , Corporate Hospitals , Bajaj Allianz Life , Covid 19 Death Claim , Covid Death Claim Life Insurance , Death Claim , Coronavirus Death Claim , வளர்ச்சி அதிகாரிகள் , வெளியேறு வாழ்க்கை , கைபேசி செயலி , பெருநிறுவன மருத்துவமனைகள் , பஜாஜ் அலையன்ஸ் வாழ்க்கை , இறப்பு உரிமைகோரல் ,

Driving licence fraudsters arrested

11 min read
Officers from the National Police, in a joint operation with the Catalan Mossos d’Esquadra, and with the collaboration of the General Directorate of Traffic, have dismantled a criminal organisation allegedly dedicated to the fraudulent issuance of driving licences, and which operated from Catalonia at various points in the rest of Spain. The operation has resulted in 616 detainees, among which are the 14 members of its leadership. Those arrested are related to the crimes of falsification of documents, bribery, money laundering, belonging to a criminal organisation and against traffic safety.

The investigations began in the summer of 2020, when a person was detected in a control who exhibited an authentic driving licence despite the fact that he presented a discordant fact, since the holder had sanctions in his file on a date prior to the issuance of the licence in the Girona Provincial Headquarters of the DGT. Subsequent procedures and checks proved t ....

Spain General , Comunidad Autonoma De Cataluna , Baja California , Las Palmas , Santa Cruz De Tenerife , Catalan Mossos , National Police , General Directorate , Girona Provincial Headquarters , Girona Provincial Traffic Headquarters , Balearic Islands , ஸ்பெயின் ஜநரல் , காமுனிடட தன்னாட்சி டி கடலுள் , பஜா கலிஃபோர்னியா , லாஸ் பால்மாக்கள் , தேசிய போலீஸ் , ஜநரல் இயக்குநரகம் ,

Reports of delay in licensing for Covaxin 'factually incorrect': Govt

"There have been reports in a section of the media followed by some uninformed tweets alleging delay in licensing for Covaxin and delayed approval for technology transfer for manufacturing Covaxin vaccine in the country," the ministry said in its statement. ....

United States , Indian Immunologicals , Indian Immunologicals Ltd , European Medicine Agency , Health Ministry , Haffkine Institute , National Regulators Of United States , National Regulators , Emergency Use Listing , Second Schedule , New Drugs , Clinical Trials Rules , Drugs Controller General , Liberalized Pricing , Accelerated National , Public Sector Undertakings , Bharat Biotech , Indian Immunologicals Limited , Government Of India , ஒன்றுபட்டது மாநிலங்களில் , ஆரோக்கியம் அமைச்சகம் , ஹாஃப்கைன் நிறுவனம் , தேசிய கட்டுப்பாட்டாளர்கள் , அவசரம் பயன்பாடு பட்டியல் , இரண்டாவது அட்டவணை , புதியது மருந்துகள் ,

LIC pension policyholders can submit life certificate via email

LIC pension policyholders can submit life certificate via email
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Last Updated: May 12, 2021, 10:36 AM IST
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For Annuities with return of capital options, production of life certificates is waived for annuities due up to 31.10.2021, besides accepting life certificates sent through email in other cases, LIC said in a press release.
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In the wake of the second wave of the coronavirus, the Life Insurance Corporation of India (LIC) has allowed annuity holders to submit their life certificate via email. For Annuities with return of capital options, production of life certificates is waived for annuities due up to 31.10.2021, besides accepting life certificates sent through email in other cases. LIC has also introduced Life certificate procurement through video call process, stated an LIC press release issued on May 7, 2021. ....

Life Insurance Corporation Of India , Armed Forces Corporate Hospitals , Development Officers , Life Insurance Corporation , Corporate Hospitals , Municipal Death Certificate , Lic Annuity Holder , Lic Policyholder , Claims Settlement , Death Claim , Life Certificate , வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியா , வளர்ச்சி அதிகாரிகள் , வாழ்க்கை காப்பீடு நிறுவனம் , பெருநிறுவன மருத்துவமனைகள் , நகராட்சி இறப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ , கூற்றுக்கள் தீர்வு , இறப்பு உரிமைகோரல் , வாழ்க்கை சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ ,