12/10/2017: NEWS: LIC bids for at least Rs7,000 cr of GIC shares

Published: 12/10/2017
12/10/2017: NEWS: LIC bids for at least Rs7,000 cr of GIC shares
Source: EPAPER.LIVEMINT.COM

Life Insurance Corp. of India (LIC) has put in a major bid for shares of reinsurer General Insurance Corp. of India Ltd (GIC Re), in the latter’s ongoing initial public offering, said two people aware of the development, on condition of anonymity. LIC...

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