Eye on investors, govt plans to list LIC abroad

| Oct 03, 2020, 01:24:43 PM | TOI.in
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The government is evaluating the option for an overseas listing of Life Insurance Corporation (LIC), the country’s largest insurer, in what many believe will be a powerful signal to global investors. The government has already announced its intent for an initial public offer (IPO) by the insurance giant, while also amending the Companies Act to allow Indian companies to directly list on foreign bourses.

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