LIC India’s $2.7 bln LIC IPO subscribed 67% on first day

India’s largest initial public offering, Life Insurance Corp (LIC), $2.7 billion, saw a 67% jump on the first day, despite a surprise rate increase by the central bank shaking the markets. According to exchange data, investors offered 108.7 millions shares Wednesday, compared to 162.1 million shares total. Parts of the offer were already outsubscribed by […]

2022 Kawasaki Ninja 300 Launched In India

Kawasaki Motor India has launched the updated MY2022 Ninja 300 motorcycle. The price of the Kawasaki Ninja 300 2022 will come at 3.37 lakh (showroom) with updated graphics. Compared to the old version which sold for ₹ 3.24 lakh (ex-showroom), the MY2022 saw a price increase of INR 13,000. To prevent decorative changes, there are […]