Daily Happenings Blog

LIC IPO

Friends, you all must be reading about govt’s decision of offloading the equity of one of the biggest public sector companies namely Life Insurance Corporation (LIC). There was also news that policyholders of LIC will be offered equity at a lower value than a public offering. Now the stage has been set up for the…

Daily Happenings Blog

Nadal 21

Last Sunday (30th Jan 22) Rafael Nadal beat Daniil Medvedev in the Australian Open final and in the process, he won  his record 21st Grand Slam title. He was earlier sharing a record of 20 Grand Slam titles with Roger Federer and Novak Djokovic. The following is a timeline showing how Nadal, playing in what…

Daily Happenings Blog

FMCG

The fast- moving consumer goods market (FMCG) expanded 16% in value during 2021, the fastest in nine years. As per experts, largely driven by price hikes and low base to compare with, this was possible. Volume, which normally accounts for more than two-thirds of FMCG growth expanded 55 or about a third of overall growth,…