The government plans to cut the LIC public offer valuation by 30 percent to make the issue more attractive and looks at a valuation of around Rs 11 lakh crore from the IPO, slashed from Rs 16 lakh crore planned earlierfrom Moneycontrol Business News https://www.moneycontrol.com/news/business/lic-ipo-|-from-reduced-valuation-to-revised-papers-hereâslatestindiaâs-biggest-public-offer_16269981.html
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