Govt tells LIC to buy a third of SUUTI holdings4 min read . Updated: 13 Jul 2016, 02:41 PM IST
The purchase from SUUTI could mean spending of between `25,000 crore and `30,000 crore for LIC
Mumbai: Life Insurance Corporation of India (LIC) will likely step in to buy between a third and half the equity assets of the Specified Undertaking of the Unit Trust of India (SUUTI), said two persons with direct knowledge of the plan.
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