The Indian government is considering selling up to 5% of its stake in the state-owned insurance giant Life Insurance Corporation (LIC) to meet the minimum public shareholding (MPS) norm. The move could involve a follow-on public offer (FPO) or a qualified institutions placement (QIP). This comes after the government received significant funds from LIC’s initial public offering (IPO) in 2022.
The Indian government has instructed all its ministries to incorporate updated criminal laws into their training programs for employees. This move aims to ensure that officials are well-informed about the latest legal provisions and their implications for their work. This comprehensive update will help government personnel stay abreast of changes in the criminal justice system, enabling them to make informed decisions and act in accordance with the law.
