 "Life Insurance Corporation of India, LIC")
Govt floats Request for Proposal to appoint intermediaries for mega LIC IPO
The government has floated tenders to appoint book running lead managers, legal advisers, registrar and advertising agency for the initial public offering (IPO) of Life Insurance Corporation of India (LIC), touted to be India’s largest.
The listing of LIC’s shares on exchanges would involve part-sale of government’s stake in the insurer, and to raise fresh equity share capital, the Department of Investment and Public Asset Management (DIPAM) said in the Request for Proposal (RFP) inviting bids from intermediaries. Read more
Pant, one staff member test Covid
