India files to sell 5% stake in top life insurer LIC in would-be largest-ever IPO

India has filed to sell up to a nearly 5% stake in its largest life insurer LIC in what is being hailed as the country's shot at its single-largest ever IPO, preliminary issue documentation for the deal has indicated.

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India files to sell 5% stake in top life insurer LIC in would-be largest-ever IPO

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