FDI in LIC

NEW DELHI: The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC. The government is planning to dilute its stake in LIC…

Move will expand investor base for LIC IPO amid choppy markets. Move will expand investor base for LIC IPO amid choppy markets. The government on Saturday approved changes to India’s foreign direct investment (FDI) policy to allow global…

The decision in this regard was taken by the Cabinet, chaired by Prime Minister Narendra Modi The decision in this regard was taken by the Cabinet, chaired by Prime Minister Narendra Modi The Union Cabinet on February 26 permitted up to…

Image Source : FREEPIK.COM Govt mulls allowing FDI in LIC…