News Snapshot:
https://www.oann.com/exclusive-india-likely-to-block-chinese-investment-in-insurance-giant-lics-ipo-sources/?utm_source=rss&utm_medium=rss&utm_campaign=exclusive-india-likely-to-block-chinese-investment-in-insurance-giant-lics-ipo-sources 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 September 22, 2021 By Aftab Ahmed, Manoj Kumar and Nupur Anand NEW DELHI (Reuters) – New Delhi wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four senior government officials and a banker told Reuters, underscoring tensions between the two nations. State-owned LIC is considered a strategic asset, commanding more than 60% of India’s life insurance market...
