The government is considering sale of shares in LIC through FPO in the next financial year

The government is actively considering further reducing its stake in insurance giant LIC through a public offer in the next financial year, Financial Services Minister M. Nagaraju said on Monday.Currently, the government has a 96.5 percent stake in Life Insurance Corporation (LIC). It had sold 3.5 percent through an initial public offering (IPO) in May […]