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This story is from February 26, 2022
Cabinet allows up to 20 pc FDI in IPO-bound LIC: Sources
NEW DELHI: The Union Cabinet on Saturday permitted up to 20 per cent foreign direct investment (FDI) under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer, sources said.The decision in this regard was taken by the cabinet, chaired by Prime Minister Narendra Modi.
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