stake sale

74% FDI is permitted in the insurance sector but this is not applicable to LIC. The government is considering bringing in foreign direct investment (FDI) in the Life Insurance Corporation of India (LIC) ahead of its IPO. The…

The Government has plans to appoint two bankers to oversee and manage the stake sale process of NSC. As a part of its ambitious disinvestment drive of Rs 1.75 lakh crore, the government has initiated the stake sale process of 25%…

Not 10%, But Govt Will Sell 25% Of LIC To Private Firms: Shocking Reason Why? Following the tune of Atma Nirbhar Bharat, after BSLN, Air India, BPCL and other PSUs, now central is planning to seek the cabinet’s approval to sell a 25%…