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Govt looks to raise up to Rs 11,370 crore from state-run reinsurer GIC Re's IPO

Govt looks to raise up to Rs 11,370 crore from state-run reinsurer GIC Re's IPO

Wed, Oct 04, 2017

State-run reinsurer General Insurance Corp of India`s (GIC Re) initial public offering of shares next week seeks to raise as much 113.7 billion rupees ($1.7 billion) in what will be India`s second-biggest IPO.

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