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India's LIC plans to acquire a stake in a health insurer and issue long-term bonds by March 31st.
India's Life Insurance Corporation (LIC) plans to decide by March 31st on acquiring a stake in a health insurance company, aiming to enter a competitive market dominated by private insurers like Star Health and Aditya Birla.
LIC, the country's largest insurer, intends to acquire a minority stake.
The company is also exploring the issuance of long-term bonds, with maturities of up to 100 years.
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El LIC de India planea adquirir una participación en una aseguradora de salud y emitir bonos a largo plazo para el 31 de marzo.