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As India’s government is under pressure to shore up its ailing balance sheet, it has identified a handful of state assets to sell. The Life Insurance Corporation of India offers the most lucrative opportunity, but how international investors respond when they look under the hood is key.

The sale of a 5.8% stake in Steel Authority of India enables the government to meet its revised divestment target for the current fiscal year, but only with a little help from other state-owned entities.

Nomura Asset Management makes a move into India, buying a 35% stake in the mutual fund business run by India's largest insurer.

The Indian insurance behemoth expects regulations to ease within 12 months.

Smart India hands see value in play on India''s booming mortgage market.