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"LIC 2.0" Fails; Government Calls It A Temporary Blip: Key Highlights

Life Insurance Corporation's public offer started with widespread fanfare, but apart from a euphoric subscription, it has all been downhill for the insurance behemoth. India's biggest initial public offering (IPO) received an overwhelming response with its issue oversubscribed nearly three times, which has turned out to be the only bright spot in the so-called phase termed "LIC 2.0." ....

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Concerned About Temporary Blip In LIC Shares: Top Official

Government on Friday said it is "concerned" about the temporary blip in LIC's scrip ....

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