 "Life insurance corporation, LIC")
The government has for the second time invited bids from law firms to advise it on the mega initial public offering of LIC.
On July 15, the government had floated request for proposal (RFP) inviting bids from reputed legal advisors and the last date for bidding was August 6.
However, the RFP did not receive sufficient response.
The Department of Investment and Public Asset Management (DIPAM) on Thursday came out with the second RFP for appointing legal firms, who have to bid in consortium with an international firm, and the last date for bidding is September 16.
“Considering insufficient demand received
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