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LIC sells shares worth Rs 6,300 cr in Sensex cos

Last Updated: Thursday, April 24, 2014, 15:23

State-owned life insurer LIC lowered its exposure in 15 blue-chip firms during the January- March quarter with sale of shares that are currently worth over Rs 6,300 crore.

IOB to raise Rs 400 cr by selling shares to LIC

Last Updated: Monday, February 10, 2014, 17:00

State-owned Indian Overseas Bank today said it plans to raise Rs 400 crore by selling shares on preferential basis to Life Insurance Corporation.

LIC reduces stake in Britannia to 3.26%

Last Updated: Tuesday, October 01, 2013, 17:06

Shares of Britannia Industries were trading at Rs 835.10 apiece, up 1.40 percent on the BSE in the afternoon trade.

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

Last Updated: Sunday, July 28, 2013, 10:46

The insurer stake in two companies -BHEL and Sterlite Industries- remained unchanged during the same period.

LIC picked up half of Hind Copper shares on offer

Last Updated: Tuesday, January 08, 2013, 22:29

LIC picked up 2.25 crore shares, or 2.43 percent stake, of the total 5.16 crore shares put on offer.

LIC buys $2-bn worth shares in Indian cos in Apr-Jun: Report

Last Updated: Sunday, August 26, 2012, 16:23

The country's largest insurer LIC has purchased shares worth over USD 2 billion (about Rs 11,000 crore) in Indian companies - mostly in sectors like utilities, energy and software - during the April-June period, according to a report by BofA-Merrill Lynch.

IDBI Bank to raise Rs 5,294 cr from share sale

Last Updated: Friday, March 02, 2012, 19:13

State-owned IDBI Bank on Friday said it would raise up to Rs 5,294 crore from various means, including share sale to government and LIC.