Cabinet Clears LIC Disinvestment; Panel Headed by FM to Decide Quantum of Stake Sale

The Department of Investment and Public Asset Management (DIPAM) had in January appointed actuarial firm Milliman Advisors LLP India to assess the embedded value of LIC ahead of the IPO (Initial Public Offering), which is touted to be the biggest public issue in Indian corporate history.

from Top Business News- News18.com