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LIC share price: LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna Health

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Shares of the state-owned insurer Life Insurance Corporation of India (LIC) jumped 2.4% to Rs 938.45 on the BSE as the company eyes an acquisition of as much as 50% stake in ManipalCigna Health Insurance, seeking an entry into the market for medical expenses coverage.

ManipalCigna is a joint…

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