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Top headlines: LIC IPO, govt's NHAI success, Covid mortality, and more

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Life insurance corporation, LIC
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BS Web Team New Delhi
Over Rs 30,000 cr funds blocked in LIC IPO could hit other offerings
The initial public offering (IPO) of Life Insurance Corporation (LIC) — India’s largest-ever for the domestic markets — will close on Monday. So far, the issue has attracted bids worth over Rs 30,000 crore and expectations are that the figure could top Rs 1 trillion. The IPO’s popularity, particularly among retail investors, could weigh on the subscription figures of three other issues that also close this week. As a lot of funds will be blocked in LIC’s IPO, the capital available to invest in other issues could be

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