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India s Life Insurance Corp Files IPO Papers to Potentially Raise $8 Billion

State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its shares to potentially raise nearly

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India s Life Insurance Corp files US$8b IPO papers | Money

NEW DELHI, Feb 14 State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5 per cent of its shares to potentially raise nearly US$8 billion (RM33.5 billion), dwarfing the biggest IPO in Asia’s third-largest economy by a considerable margin..

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India s Life Insurance Corporation files draft papers for $8b IPO

The IPO is seen as a test of investor appetite for new offerings, with a number of firms listed last year trading below their offer prices.

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India Lays Plans to Take Government Insurer Public Via Largest-Ever IPO

India is laying plans to take government-owned life insurer Life Insurance Corporation of India public via what likely would be the largest-ever IPO in that country as it proceeds with efforts to privatize more government-owned businesses to address its budget deficits..C

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Movers and Shakers: Stocks that will see action this week - The Hindu BusinessLine

Movers and Shakers: Stocks that will see action this week - The Hindu BusinessLine
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