India Sells 6.5% of LIC in ₹30,000 Crore Share Sale

India’s government launches a share sale of up to 6.5% of Life Insurance Corporation (LIC) at ₹382 per share, aiming to raise over ₹30,000 crore. Non-retail investors can bid from August 4. The sale is expected to add ₹31,000 crore to the disinvestment kitty.

Curated in the public interest from original reporting.
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