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Central Bank to sell 4% stake to LIC for Rs 581 cr

Last Updated: Sunday, July 27, 2014, 11:54

The government has earmarked only Rs 11,200 crore for fund infusion into public sector banks this current fiscal, down from Rs 14,000 crore last fiscal.

LIC trims stake in Infosys to 3.25%; garners Rs 850 cr

Last Updated: Monday, April 14, 2014, 15:26

LIC, the biggest institutional investor in the stock market, held 3.71 percent stake in Infosys during the October-December quarter, which has fallen to 3.25 percent as of March 31, 2014

LIC trims stake in Hero MotoCorp to 2.99%

Last Updated: Friday, March 14, 2014, 16:31

State-owned LIC has cut its stake in Hero MotoCorp to around 3 percent by selling more than 2 percent stake.

LIC hikes stake in BHEL to 15%

Last Updated: Wednesday, March 05, 2014, 21:22

During this period, LIC snapped 5.942 percent stake in the power equipment maker.

LIC raises stake in IGL to 7.2%

Last Updated: Sunday, February 09, 2014, 12:11

Prior to this, the nation's largest life insurer held 7.13 million shares of IGL.

LIC increases equity stake in SBI to 13.26%

Last Updated: Thursday, August 29, 2013, 21:05

Insurance behemoth Life Insurance Corporation (LIC) has increased its shareholding in the country's largest bank State Bank of India by 2.86 percent to 13.26 percent by acquiring 19.57 lakh shares from open market.

LIC hikes stake in Infosys to 6.7%; buys share worth Rs 1200 cr

Last Updated: Wednesday, July 24, 2013, 19:37

State-run Life Insurance Corporation of India (LIC) has shored up its stake in Infosys to 6.72 percent, with an estimated purchase of shares worth over Rs 1,200 crore during April-June quarter.

Govt gets LIC's Rs 2k cr boost in record disinvestment kitty

Last Updated: Sunday, March 24, 2013, 13:31

In the current fiscal, the government has sold shares in eight public sector companies -- NBCC, HCL, NTPC, RCF, Nalco, Oil India, NMDC and SAIL -- as part of its disinvestment programme for the current fiscal ending on March 31.

LIC sells Dr Reddy's shares for Rs 875 crore; cuts stake to 6.31%

Last Updated: Tuesday, January 22, 2013, 17:19

LIC held 8.38 percent stake in the pharma major before offloading about 35.25 lakh shares.

Govt to notify 30% investment ceiling norm for LIC soon

Last Updated: Thursday, January 03, 2013, 20:47

Against the backdrop of its disinvestment plan, the government will soon come out with a notification allowing LIC to invest up to 30 percent of its funds in listed as well as non-listed companies.

LIC hikes stake in Cairn India to over 5%

Last Updated: Tuesday, July 03, 2012, 19:48

Life Insurance Corp of India (LIC) has hiked its stake in Cairn India to over 5 percent through open market route that are about 5 percent costlier than the price at which the firm's former promoter, Cairn Energy has been selling its shares.

LIC hikes stake in Cairn India to over 5%

Last Updated: Tuesday, July 03, 2012, 19:48

Life Insurance Corp of India (LIC) has hiked its stake in Cairn India to over 5 percent through open market route that are about 5 percent costlier than the price at which the firm's former promoter, Cairn Energy has been selling its shares.