Despite the storm, LIC IPO matters
The stage is almost set for a blockbuster listing of the Life Insurance Corporation of India. A lot is written every day in the press. But wait! The world is…
The stage is almost set for a blockbuster listing of the Life Insurance Corporation of India. A lot is written every day in the press. But wait! The world is…
Yes! India’s Aramco moment is finally here! The juggernaut that is LIC, or the Life Insurance Corporation of India, has finally filed its draft red herring prospectus (DRHP) with the…
There are only two things wrong with money: too much or too little. Charles Bukowski, a German-American author whose literary work revolved around the poor in America, said that in…
Narratives are significant vectors of rapid culture change, zeitgeist, and economic behaviour. Nobel laureate and renowned economist Robert J. Shiller wrote that in his book on Narrative Economics in 2019. There…
First thing first, let’s get the definition out of the way. The SPACs are shell companies, in other words, a “Blank Cheque” company, created for a specific purpose of acquiring…