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The Indian government-run insurer Life Insurance Corporation of India filed draft papers with the market regulator on Sunday, announcing its plans to sell 5% of its shares to raise nearly $8 billion in the country’s biggest IPO.
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Upon migration to Medina, the direction of the Qibla continued to be Jerusalem, although it was then physically impossible for one to also face the Ka’ba, as Medina is north of Makkah.
