India aims to launch LIC's record IPO in April after delay

India aims to launch LIC's record IPO in April after delay

FILE PHOTO: A bird flies past the logo of Life Insurance Corporation of India (LIC) at one of its offices in New Delhi, India September 14, 2021. REUTERS/Anushree Fadnavis

India aims to launch its $8 billion listing of state-run Life Insurance Corp (LIC) by mid-April, two government sources said, after delaying what will be the country’s biggest-ever IPO from this month due to market volatility.