LIC IPO: From bankers in Mumbai to bureaucrats in Delhi, India's Aramco moment campaign decoded - Mint

LIC IPO: From bankers in Mumbai to bureaucrats in Delhi, India's Aramco moment campaign decoded - Mint
For almost two years, India has steeled itself for a gargantuan task: readying the country’s premier insurer -- with nearly $500 billion in assets and a valuation estimated as high as $203 billion -- for what could become its biggest-ever stock listing.
In Mumbais sleek skyscrapers, harried bankers race the clock to appraise a company that hasnt been valued in decades. Bureaucrats burn the midnight oil in New Delhi, working through power cuts to pul… [+9303 chars] Read More



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