India Plans Up to $3.3 Billion LIC Stake Sale as Government Moves to Meet Public Shareholding Norms
August 4, 2026
The Government of India has announced plans to raise as much as 314 billion rupees (approximately $3.3 billion) by selling up to a 6.5% stake in state-owned Life Insurance Corporation of India (LIC). The move is part of the government's ongoing…
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