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    • Will invest Rs 2.15 lakh-cr in equities in FY14: LIC Chmn

      India's largest domestic institutional investor, Life Insurance Corporation of India (LIC) invested Rs 23,000 crore in equities for the financial year 2013, informs Chairman DK Mehrotra. “We have not rushed into it in Q4 to buy more stocks…but it has been smooth and uniform participation for us in 2012-13,” he told CNBC-TV18 in an interview.

    • Market seen touching new benchmark of 2012 by Diwali: LIC

      Analysts are betting big on the Indian market and expecting to see some more fireworks by Diwali or year-end. DK Mehrotra, Chairman of LIC believes that the market has started improving and is expected to reach new benchmark for 2012 by Diwali.

    • LIC to put 10-15% of investible fund into equity market

      In an interview with CNBC-TV18, the chairman of the company, DK Mehrotra said that irrespective of the global newsflow, India’s growth story was intact largely due to the economy being domestic consumption driven.

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