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Softbank eyes return to Flipkart


Softbank eyes return to Flipkart
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Flipkart for $4 billion, the two companies could be headed for a $600-700 million reunion.
Also in this letter:
Interview with RS Prasad on new IT rules
Fintech regulations on the anvil?
SoftBank in talks to invest $600-700 million in Flipkart
Softbank Vision Fundis eyeing a return to Flipkart, having held talks with the company on a possible $600-700 million investment.
The funding is part of a larger $2 billion round, which could involve sovereign wealth funds such as Abu Dhabi’s ADQ and Canada’s CPPIB, and existing investors such as GIC and Qatar Investment Authority. ....

Biswapriya Bhattacharjee , Rajeev Misra , Prosus Nvhas , Chamath Palihapitiya , Abu Dhabi , Rajya Sabha , Ravi Shankar Prasad , Flipkart Supermart , Qatar Investment Authority , Tata Group , Securities Exchange Board Of India Sebi , Internet Company Decided To Play Nice , Delhi High Court , Supreme Court , Softbank Vision Fund , Development Council , L Catterton Fund , Vision Fund , Regulatory Authority Of India , Vision Fundis , Qatar Investment , Tata Digital , Bank Vision Fund , Bank Backed Delhivery , Shankar Prasad , Indian Penal ,

Government accepts VRS of Oriental Insurance chairman SN Rajeswari


Government accepts VRS of Oriental Insurance chairman SN Rajeswari
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She has already been selected as member (distribution) in insurance regulator, IRDAI. National, Oriental and United have reported solvency ratio of 0.02, 0.92 and 0.30 times respectively, as on March 31, 2020. The solvency margin – the minimum margin of assets required by an insurer in excess of its liabilities – is like a bank’s capital ratios.
Rajewsari will have a three year tenure with IRDAI.
The government has accepted voluntary retirement of the incumbent chairman of Oriental Insurance, SN Rajeswari.
She has already been selected as member (distribution) in insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI). Rajewsari will have a three year tenure with IRDAI. ....

Nirmala Sitharaman , Department Of Investment , Insurance Development , Development Staff , Competent Authority , Insurance Company Limited , Development Authority Of India , Regulatory Authority Of India , Oriental Insurance , Insurance Regulatory , Development Authority , General Insurance , Managing Director , Oriental Insurance Company Limited , Regulatory Authority , Public Asset Management , Sn Rajeswari , Nvoluntary Retirement , துறை ஆஃப் முதலீடு , காப்பீடு வளர்ச்சி , வளர்ச்சி ஊழியர்கள் , திறமையானவர் அதிகாரம் , காப்பீடு நிறுவனம் வரையறுக்கப்பட்டவை , வளர்ச்சி அதிகாரம் ஆஃப் இந்தியா , ஒழுங்குமுறை அதிகாரம் ஆஃப் இந்தியா , ஓரியெஂடல் காப்பீடு ,