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Mega LIC IPO Inching Towards Reality
The process of appointing merchant bankers should be concluded within two weeks.
26 Jul 2021, 07:52 AM IST
India's biggest listing is inching towards reality as the central government expects to launch the initial public offering for state-owned insurer Life Insurance Corp. of India in the fourth quarter of the ongoing financial year. According to two people privy to the development, the process of appointing merchant bankers will likely be concluded within two weeks, following which the government will file the draft red herring prospect...
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