Centre may review timing of LIC IPO after Ukraine invasion: FM Sitharaman1 min read 01 Mar 2022, 04:35 PM IST
The review could impact the timing of the mega public offering, India’s largest, which made up the biggest portion of the country’s $10.4 billion asset-sale program aimed at stanching the budget deficit for the year through March 31, 2022
India may take another look at the timing of Life Insurance Corp. of India’s initial share sale, the state-owned insurer, following Russia’s invasion of Ukraine, Finance Minister Nirmala Sitharaman said in an interview.
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