Life Insurance Corporation of India (LIC) on Monday (2 May 2022) raised Rs 5,627.27 crore from anchor investors ahead of its mega initial public offering (IPO). The state-owned insurer allotted about 5.93 crore shares to 123 investors at Rs 949 per share. The Singapore governments sovereign wealth fund (GIC) subscribed to shares worth over Rs 414 crore through three funds. BNP Investments subscribed to shares […]
Adani Wilmar (AWL) announced the acquisition of several brands including the renowned Kohinoor Brand – domestic (India region) from McCormick Switzerland GMBH for an undisclosed amount. In essence, the acquisition would give AWL exclusive rights over the brand Kohinoor basmati rice along with Ready to Cook, Ready to Eat curries and meals portfolio under the Kohinoor Brand umbrella in India. The Kohinoor brand portfolio comprises […]
We pioneered the concept of ‘hyperlocal programmatic advertising’ to evolve individualistic character to media assets to bring about the demographic creativity unmatched even by print, smartphone or radio and set OOH in a parallel league, Shripad Ashtekar says.
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