Agency reports said the Cabinet Committee on Economic Affairs, which met last week, had cleared the IPO of LIC. While no official announcement has been made about the approval, sources said the issue was part of the agenda for the Cabinet meeting. The report said that a panel headed by finance minister Nirmala Sitharaman will decide on the exact amount of stake dilution.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2TUSnkB
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