Search in

Home News IPO

Read more interesting news from around the globe with Indianmoney App

Google Play
News Image

LIC employees' union up in arms against IPO plan

Tuesday, February 4, 2020, 4:38 PM

Employees' union of LIC has strongly opposed the government's plan to sell a part of its holding in the country's largest financial institution through a public issue. "The government proposes to sell a part of its holding in LIC through an initial public offer," Finance Minister Nirmala Sitharaman said on Saturday while presenting the Budget for 2020-21.