Top headlines of the hour:Government reaches out to investors ahead of LIC IPO, Sebi hurdle for govt’s Fund of Funds scheme for small businesses, steel leads in India’s capacity expansion
Govt dials investors ahead of LIC's IPO
The government has reached out to investors to apprise them about Life Insurance Corporation of India’s (LIC’s) growth and prospects as it prepares for the country’s largest initial public offering (IPO).
Preliminary presentations have been made to inform investors on how the organisation is being restructured ahead of the IPO, along with its financials. In the Finance Bill, 2021, the government had proposed