Economy · India
LIC Bids Rs 4,500 Crore in NSE IPO; Oversubscribed 5.7 Times
The National Stock Exchange (NSE) Initial Public Offering (IPO) concluded with bids totaling over Rs 96,000 crore, and was subscribed 5.7 times. Life Insurance Corporation (LIC) emerged as the largest bidder, applying for shares worth Rs 4,500 crore.
How outlets across the spectrum covered it
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- Centre (9 votes, 11 outlets): Business Standard, Business Today · The Lallantop (India Today Group — 1 vote), Dainik Bhaskar, Deccan Chronicle, Jansatta · The Financial Express (Indian Express Group — 1 vote), Mint, The Economic Times, The Free Press Journal, The Hindu BusinessLine
- Right (3): Firstpost, The Pioneer, Times Now
- International (5): BBC News, Euronews, Financial Times, The Guardian, Yakima Yakima Herald