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  • Maruti hits record high on buzz of stake hike by Suzuki Jan 08, 2014 05:59 PM IST

    Maruti hits record high on buzz of stake hike by Suzuki

    CNBC-TV18 learned from sources that Suzuki, the promoter of top Indian car maker Maruti, is considering open offer for Maruti shares.

  • IOC divestment likely on Thursday: Sources Jan 06, 2014 03:19 PM IST

    IOC divestment likely on Thursday: Sources

    The oil ministry has tried to convene an inter-ministerial group tomorrow and they will meet on Wednesday to perhaps decide the pricing of the OFS.

  • LIC's claim settlement better than pvt insurers: Irda Jan 02, 2014 04:16 PM IST

    LIC's claim settlement better than pvt insurers: Irda

    Life Insurance Corporation posted claim settlement ratio of 97.73 per cent last fiscal, as compared to 97.42 per cent in 2011-12. For private insurers, the settlement ratio had gone down to 88.65 per cent in 2012-13, as compared to 89.34 per cent during the previous year, Irda said.

  • Icra rates 1st Basel III tier I bonds from YES Bank Dec 30, 2013 08:27 PM IST

    Icra rates 1st Basel III tier I bonds from YES Bank

    Though many banks have raised money through Basel III- compliant tier II bonds, YES Bank is the first to issue tier I bonds meeting the stringent Basel III norms.

  • How trustworthy are private insurance companies? Dec 10, 2013 02:54 PM IST

    How trustworthy are private insurance companies?

    Indians have an inherent mistrust of private companies in the insurance sector and think twice before buying their policies. This prevailing lack of confidence in private players stems partly from their being relatively new entrants to the Indian insurance scene.

  • Better times ahead for Indian equity markets Dec 10, 2013 11:59 AM IST

    Better times ahead for Indian equity markets

    Brokerage house UBS has upgraded China to 'overweight'. But its stand on India is 'neutral'. Should Indian investors stay invested in India or buy a feeder fund into China? Pravin Palande asks experts

  • BSE Sensex loses 146 pts; banks, infra, auto, realty hurt Dec 04, 2013 03:00 PM IST

    BSE Sensex loses 146 pts; banks, infra, auto, realty hurt

    Banks, capital goods, auto and realty stocks were hurt in today's trade. ICICI Bank, ITC, Tata Motors, ONGC, Tata Motors and Hindalcowere major laggards in the Sensex. Among the gainers are Tata Power, Wipro, Jindal Steel, Tata Steel and Infosys.

  • Will invest in AAA rated cos across upcoming sectors: LIC Nov 26, 2013 06:38 PM IST

    Will invest in AAA rated cos across upcoming sectors: LIC

    Although banking sector is LIC's all time favourite investment destination, the company would not shy away from investing in pharma, real estate and infrastructure companies.

  • ACC, Ambuja jump 1% as Holcim deal heads towards closure Nov 22, 2013 11:51 AM IST

    ACC, Ambuja jump 1% as Holcim deal heads towards closure

    Nearly 72 percent of the minority shareholders participated in the ballot. Around 69 percent of the minority shareholder voted in favour of the deal.

  • Ambuja-Holcim deal pass test, get minority shareholder nod Nov 21, 2013 10:09 PM IST

    Ambuja-Holcim deal pass test, get minority shareholder nod

    Around 87 percent of the public Institutional shareholders casted their vote, with 67.95 percent of those participating voting in favour, 32.05 percent voting against. This indicates that FIIs voted in favour and DIIs led by LIC voted against the deal.

  • LIC trims stake in Tata Global Beverages to 5.60% Oct 31, 2013 08:51 PM IST

    LIC trims stake in Tata Global Beverages to 5.60%

    The company's total income from operations rose to Rs 1,813.46 crore during the first quarter, as compared to Rs 1,725.10 crore during the same period of previous fiscal.

  • LIC to increase equity investment this fiscal: Chairman Oct 24, 2013 04:12 PM IST

    LIC to increase equity investment this fiscal: Chairman

    LIC had cashed out from Infosys by selling shares worth Rs 3,400 crore in Q2, bringing down its stake to 4.95 per cent from 6.72 per cent in Q1. As on September 30, it fell to 4.95 per cent as per the latest data available with the stock exchanges.

  • LIC cuts stake in Infosys to 4.95% Oct 20, 2013 03:54 PM IST

    LIC cuts stake in Infosys to 4.95%

    The biggest institutional investor in the stock market had a 6.72 percent stake in Infosys during the April-June quarter. As on September 30, it fell to 4.95 percent as per the latest data available with the stock exchanges.

  • Can cross Rs 40K cr investment target if H2 mirrors Q2: LIC Oct 18, 2013 04:46 PM IST

    Can cross Rs 40K cr investment target if H2 mirrors Q2: LIC

    LIC had a fantastic performance in Q2 and expects the same for the second half of FY14, says chairman SK Roy. Also, he finds banking sector attractive with a longer-term perspective.

  • LIC seeks deadline extension to meet guidelines Sep 29, 2013 04:14 PM IST

    LIC seeks deadline extension to meet guidelines

    Life Insurance of India (LIC) has said it has asked the regulator for extending the deadline for withdrawing existing products that do not meet the new norms from October 1.

  • YES Bank jumps 5% as LIC hikes stake to 7.4% Sep 02, 2013 06:30 PM IST

    YES Bank jumps 5% as LIC hikes stake to 7.4%

    Earlier, Morgan Stanley Asia (Singapore) purchased Rs 46.6 crore worth of equity shares of YES Bank on the National Stock Exchange via bulk deal on August 31. The firm bought 19,22,793 equity shares of the private sector lender at Rs 242.42 apiece.

  • Should you invest in gold even at current levels? Aug 30, 2013 03:52 PM IST

    Should you invest in gold even at current levels?

    According to Gaurav Mashruwala, all the asset classes like debt, equity and gold should be part of one‘s portfolio.

  • LIC spotted buying shares - dealers Aug 28, 2013 07:47 PM IST

    LIC spotted buying shares - dealers

    Life Insurance Corporation was spotted buying shares on Wednesday, two dealers who handle trades on behalf of India's largest state-run insurer told Reuters.

  • Industry movements of the fortnight: LIC & HUL Aug 16, 2013 12:31 PM IST

    Industry movements of the fortnight: LIC & HUL

    Industry movements of the fortnight: LIC & HUL

  • Govt ups LIC's investment cap to 25% under spl cases Aug 14, 2013 05:50 PM IST

    Govt ups LIC's investment cap to 25% under spl cases

    "LIC's investment norms at the moment is settled at 20 percent but in special circumstances it can go up to 25 percent. In case LIC wants, the board can take this to 25 percent," Financial Services Secretary Rajiv Takru said

  • FinMin seeks details of LIC's investment in Gitanjali Gems Aug 05, 2013 08:28 PM IST

    FinMin seeks details of LIC's investment in Gitanjali Gems

    The Finance Ministry has sought details from Life Insurance Corporation (LIC) pertaining to its investment in Gitanjali Gems. The Dept of financial services has asked for details of the investment.

  • LIC not saving PSU divestment; FIIs major investor: FinMin Jul 29, 2013 07:45 PM IST

    LIC not saving PSU divestment; FIIs major investor: FinMin

    Finance Ministry today said bulk of investment in government's stake sale in PSUs in 2012-13 fiscal came from foreign institutional investors (FIIs) and that LIC is not salvaging the disinvestment programme.

  • LIC buys Rs 8,700cr shares in 17 Sensex cos in June quarter Jul 28, 2013 12:42 PM IST

    LIC buys Rs 8,700cr shares in 17 Sensex cos in June quarter

    State-run insurance giant LIC has increased its exposure in 17 blue-chip firms, with purchase of shares worth an estimated Rs 8,700 crore in the quarter ended June 30, 2013.

  • LIC's investment in Gitanjali Gems under FinMin scrutiny Jul 26, 2013 11:03 AM IST

    LIC's investment in Gitanjali Gems under FinMin scrutiny

    Shares of the branded jewellery firm Gitanjali Gems, which boasts of A-list Bollywood stars as its ambassadors, have been on a downward spiral since June 21 with only sellers. From a peak of Rs 637 on April 22, the stock is now down to Rs 85, but there are no buyers in sight still.

  • Want to be a good trader and investor? Learn from LIC Jul 15, 2013 10:27 AM IST

    Want to be a good trader and investor? Learn from LIC

    At the end of December 2012 quarter, LIC held 4.16 cr shares of Infosys representing 7.2% stake. By the end of March quarter, this was down to 3.42 cr shares representing 5.96% stake and in the just released June-ending quarter, its gone back up to 3.86 cr shares representing 6.72% stake.

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