LIC IPO: Norway, Singapore wealth funds invest in India’s largest public offering
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LIC’s IPO, which had previously been touted as India’s Aramco moment in reference to the $29.4 billion listing of Gulf oil giant Saudi Arabian Oil Co., is testing the depth of India’s capital market.LIC’s IPO, which had previously been touted as India’s Aramco moment in reference to the $29.4 billion listing of Gulf oil giant Saudi Arabian Oil Co., is testing the depth of India’s capital market.
