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Stock Markets Live: Sensex, Nifty Hold Steady Gains; Spandana Sphoorty Logs Biggest Jump On Record – BloombergQuint

India is planning to ask for proposals from investment banks this month for the initial public offering of Life Insurance Corp. of India, according to a Bloomberg report quoting people familiar with the matter.

The government will send out invitations in the coming weeks for the share sale of the country’s biggest insurer, said the people, who asked not to be identified as the discussions are private. An offering could happen as soon as March 2022, the people said.