LIC IPO gets Sebi approval; what’s next for investors, policyholders

LIC’s initial public offering (IPO) has received a nod from market regulator the Securities and Exchange Board of India (Sebi). The approval was granted within 22 days of filing draft red herring prospectus (DRHP) by the country’s largest insurer, Sebi, according to a Business Today report. IPO approvals…