The Stunning Scale of India’s Biggest IPO Ever
almost 4 years in Washington Post
State-owned Life Insurance Corp. of India, with its distinctive blue and yellow logo, is ubiquitous across Asia’s third-largest economy. LIC controls two-thirds of the Indian market with almost 300 million policies and more than 1.2 million agents, 100,000 employees, 2,000 branches and 1,500 satellite offices. After a one-year delay, Prime Minister Narendra Modi’s administration is racing to sell a stake of 5% to 10% in LIC in what would be India’s biggest-ever initial public offering. A 10% sta
Who is popular today?
