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Life Insurance Corporation
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Govt evaluating financial bids for IDBI Bank strategic sale
The Indian government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the strategic sale of a 60.72 percent stake in IDBI Bank.
1 outlet · one source so far Markets readGovernment plans to sell 6.5 percent stake in LIC for disinvestment
The government plans to sell a 6.5% stake in Life Insurance Corporation at a floor price of ₹382 per share through an Offer for Sale to raise ₹31,000 crore for disinvestment.
2 outlets Markets readGovernment offers to divest 6.5 percent stake in Life Insurance Corporation
The Indian government has offered to divest up to 6.5% equity in state-run insurer Life Insurance Corporation via an Offer For Sale with a fixed floor price.
1 outlet · one source so far Markets read