BUSINESSAug 5 · 08:43 UTCBLOOMBERGAshutosh Joshi

LIC Share Sale Sees Tepid Retail Demand After India Upsized Deal

Retail investors largely avoided India’s share sale in Life Insurance Corp., showing tepid demand despite institutions' strong bids prompting the government to increase the offering to $3.3 billion.

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Life Insurance CompanyorganizationIndiaplaceretail investorstopicinstitutionstopicGovernmentorganization

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