← Back to headlines
India Expands LIC Share Sale to $3.3 Billion Amid Strong Demand
India has increased the size of its share sale in the state-run insurance giant, Life Insurance Corporation (LIC), to $3.3 billion after the initial offer was oversubscribed. This move is expected to bolster public finances, especially in the face of challenges posed by high oil prices.
4 Aug, 12:26 — 4 Aug, 12:26
Related Stories
Volkswagen Approves Major Restructuring Plan Targeting 100,000 Jobs
28m ago
Trump Administration Seeks Supreme Court Approval for Mail Ballot Restrictions
51m ago
New US-Venezuela Oil Agreement Draws Sharp Criticism and Economic Skepticism
52m ago
Crusoe Secures $3 Billion Funding and Lands $13 Billion Cloud Deal
56m ago