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The Nexus
BUSINESSMay 27 · 05:54 UTCBLOOMBERGRajesh Mascarenhas, Baiju Kalesh

India Said to Prepare $1 Billion LIC Stake Sale Next Month

India is preparing to sell a $1 billion stake in the Life Insurance Corporation (LIC) next month as part of government divestment efforts to raise funds.

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