Sales to China had jumped by more than 50 per cent year - on - year off a low base and this had resulted in a range of approaches from both Chinese private equity firms and companies involved in the wine business.
Private life insurance companies reported a 46 per cent jump in group single premium products to Rs 2,906 crore, whereas LIC recorded a 29 per cent rise in sales of such polices, to Rs 19,094 crore.