An advertisement for the Life Insurance Corporation of India, at a metro station in Mumbai. The insurer on Saturday approved selling a 3.5 per cent stake for about 210 billion rupees ($2.8bn). Reuters
An advertisement for the Life Insurance Corporation of India, at a metro station in Mumbai. The insurer on Saturday approved selling a 3.5 per cent stake for about 210 billion rupees ($2.8bn). Reuters

Waning demand for LIC public offering may deepen India's fiscal challenges