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LIC of India increases stake in Tata Motors to 7.01%

Tata Motors Tata Motors is India’s largest automobile company part of the Tata Group. Its products include passenger cars, trucks, vans, coaches, buses, ...
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Life Insurance Corporation of India ups stake in Colgate Palmolive from 4.73% to 5.02%

Colgate Palmolive The Colgate-Palmolive Company is an American multinational consumer products company focused on the production, distribution and provision of ...

Life Insurance Corporation of India ups stake in NHPC from 3.44% to 8.74%

NHPC NHPC Limited (National Hydroelectric Power Corporation is an Indian Hydropower generation company established with an objective to plan, promote and ...

Coal India Offer Rescued by LIC, Just Like The Old Times

We mentioned in the Coal India OFS analysis that we didn’t see the demand for the offer as very much and the issue might need to be rescued. This ...

LIC owns about 20% of the Indian Stock Market, Mostly Public Sector

Update: Something is seriously wrong with this data. It makes no sense that LIC is 20% of the Sensex Market Cap, to be honest. At best, it’s likely to be ...

ONGC Share Auction Rescued By LIC

The government wanted to sell 12,000 cr. worth shares of ONGC (42.77 cr. shares at a floor price of Rs. 290) today, and the auction – a special scheme that ...