BUSINESSAug 5 · 02:36 UTCBLOOMBERGAshutosh Joshi and Pratigya Vajpayee

LIC’s Big Share Sale Draws Investors Even as India’s IPO Market Stalls

India expanded LIC's share offering to raise $3.3 billion amid strong demand, despite the IPO market stalling. The move reflects investor confidence in the sale even as broader IPO activity in India faces challenges.

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