Friday, October 7, 2022
24.1 C
Delhi
Friday, October 7, 2022
- Advertisement -corhaz 3

Rahul Gandhi Accuses Central Govt Of Misrepresenting LIC IOP

“Why is one of India’s most important assets being sold at a throwaway price?” asked Congress leader Rahul Gandhi, accusing Prime Minister Narendra Modi’s government of “undervaluing” LIC.

In a tweet, Gandhi listed the insurance behemoth’s valuable assets and questioned why India’s most important assets were being sold for such a low price.

On Wednesday, individual and institutional investors could subscribe to the state-owned LIC’s Initial Public Offering (IPO), which is the country’s largest ever. The promotion will end on May 9th (Monday).

The price band for the issuance has been set at Rs 902-949 per equity share by LIC. For qualified employees and policyholders, the deal includes a reservation. Retail investors and qualifying employees would receive a Rs 45 reduction per equity share, while policyholders will receive a Rs 60 discount.

This isn’t the first time the Congress leader has sneered at the government’s choice to sell its LIC holding. He claimed the Centre is waging a “sell government company” campaign in September 2020, when allegations of LIC’s stake sale arose. He also asserted that the government is selling the country’s assets in order to compensate for the economic disaster it has caused.

“13.94 lakh employed, 30 crore policyholders, 39 lakh crore in assets, World #1 – ROI for Shareholders,” Gandhi tweeted today. LIC, meanwhile, has been depreciated by the Modi government.”

More articles

- Advertisement -corhaz 300

Latest article

Trending

fc2 ppv free DVDMS-876 拥挤的热气腾腾的黑色紧身裤少女○学生电梯湿度超过300%... 刚放学就被各种丹尼尔的黑色紧身裤夹在中间被逼射精! - 【同步录音】挤满汗的黑色紧身裤桑拿 550ENE-012 ★我爱肛交★我是午餐时间的OL,我是网络上的混蛋主播。 - 今天也是满足观众期待的肛门扩张既是爱好又是收益,但在地址确定后,她的肛门因肛交而变得松弛。 - 哦。 - 肛门俱乐部 001 屁股公主安卡 FSDSS-483 与前女友的意外重逢,在性爱之前就分手了,忘记了理由,直到早上通奸性行为小野裕子 DANDY-831 即时长矛专长! - 临时姐姐 田中宁宁 22岁 WKD-058 Oh-n-na ♀ 盛开 Waka Misono