Temasek, LIC Are Said to Plan Share Sales in NSE’s India IPO

Temasek Holdings Pte. and Life Insurance Corporation of India Ltd. are likely to be key sellers in the potential $2.5 billion initial public offering of India’s top bourse, the National...

By Rajesh Mascarenhas · Bloomberg Markets

Temasek Holdings Pte. and Life Insurance Corporation of India Ltd. are likely to be key sellers in the potential $2.5 billion initial public offering of India’s top bourse, the National Stock Exchange of India Ltd., according to a person familiar with the matter.