The government plans to sell a stake of about 2% in the state-run insurer in late June or early July to institutional investors, sources said

India is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as Rs 10,000 crore. The government intends…

The government plans to sell a stake of about 2% in the state-run insurer in late June or early July to institutional investors, sources said

LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sale worth up to Rs 10,000 crore.…

The government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding amid improving profitability. The stake…