LIC IPO extend.

 Written by PTI

Notifications in this regard would be issued soon, the sources said.

The government has extended the tenure of chairman of IPO-bound Life Insurance Corporation (LIC) by one more year with a view to facilitating smooth listing of the insurance behemoth, sources said.

Besides, the government has also extended the tenure of one of the managing directors, Raj Kumar, for one year. Raj Kumar was to retire on January 31.

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