The listing of LIC is set to be India`s biggest ever IPO, with the government aiming to raise up to 900 billion rupees ($12.18 billion) from its stake sale. LIC IPO is crucial for meeting the Rs ...
The government is looking to sell a 3.5% stake in the state-owned insurance behemoth and the IPO is likely to open in the first week of May. MUMBAI: Life Insurance Corporation is likely to file a ...