DPIIT notifies 20% FDI in LIC under automatic route

The department for promotion of industry and internal trade (DPIIT) on Monday notified a government decision to allow up to 20 per cent foreign direct investment (FDI) in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rwMsZTk
via IFTTT