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The uber starting offer of the Life Insurance Corporation of India, or LIC, is at last set to open one week from now, on May 4 and close on May 9. The bid for anchor financial backers is set to open on May 2, as the public authority hopes to raise about Rs 21,000 crore through the LIC IPO.
As the authorities in China’s biggest city fight to stamp out an Omicron outbreak, neighbors are turning to one another for support.
China’s capital reported 22 cases as it kicked off an ambitious mandatory testing campaign across the city and reassured residents that food and other supplies were plentiful.
Supermarkets stocked up as long lines formed. The Chinese authorities ordered mass testing to contain a rising number of coronavirus cases in an affluent district of the capital.
China’s capital city is not as central to global production networks as Shanghai, but the costs for global companies will still mount if lockdowns spread.