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LIC IPO: India Weighing 5% Stake Sale in State Insurer's Mega IPO, Sources Say

(Bloomberg) -- India is considering selling about 5% of the shares it holds in a state insurer as it prepares to file documents for the country’s biggest initial public offering, according to people familiar with the matter. The government plans to offer 316 million shares of the 6.
New Delhi Narendra Modi Life Insurance Corp Life Insurance Prime Minister Narendra Modi Press Trust

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