Nupur Acharya Ashutosh Joshi And Filipe Pacheco Bloomberg
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After LIC's Flop Debut, What Government Will Need To Do
Disappointed by a 7.8% plunge that made for the world's second-worst trading debut among large IPOs this year, shareholders of state-run Life Insurance Corp. of India will be counting on a bumper dividend if Prime Minister Narendra Modi's government wants them to stay put.
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LIC's Debut Is Second-Worst Among 11 Companies That Listed This Year
State-run insurer Life Insurance Corporation of India slumped in its Mumbai trading debut after a record initial public offering that priced at the top of the range and was oversubscribed nearly three times.
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After LIC's Flop Debut, What Government Will Need To Do
Disappointed by a 7.8% plunge that made for the world's second-worst trading debut among large IPOs this year, shareholders of state-run Life Insurance Corp. of India will be counting on a bumper dividend if Prime Minister Narendra Modi's government wants them to stay put.
-
LIC's Debut Is Second-Worst Among 11 Companies That Listed This Year
State-run insurer Life Insurance Corporation of India slumped in its Mumbai trading debut after a record initial public offering that priced at the top of the range and was oversubscribed nearly three times.
