LIC shares down 10% in 5 sessions as 17% hike will raise wage bill to Rs 29,000 crore

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The hike has an estimated annual implication of around Rs 4,000 crore, taking the total wage bill per year to around Rs 29,000 crore per annum.

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LIC shares down 10% in 5 sessions as 17% hike will raise wage bill to Rs 29,000 crore

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