LIC releases Q3 results days ahead of mega IPO
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On Wednesday the Securities and Exchange Board of India (Sebi) approved LIC’s IPO to help the government mobilise about ₹63,000 crore to meet its disinvestment target for the current fiscal year. The approval came in less than a month – the fastest for any company.On Wednesday the Securities and Exchange Board of India (Sebi) approved LIC’s IPO to help the government mobilise about ₹63,000 crore to meet its disinvestment target for the current fiscal year. The approval came in less than a month – the fastest for any company.
