Discuss   |      Email   |      Print   |   Get latest news on your desktop

"We have 4.34 per cent stake in Satyam Computer Services. We are concerned and will consider a decision according to how the situation develops," LIC MD Thomas Mathew said.

"We are a long-term investor and we do not believe in any short-term investments. All our investments are on the basis of strong reasearch and we look at the fundamentals of the company we invest in. Satyam is a niche player," Mathew, who is in charge of the investment, said.

The company was also concerned about Satyam and wants it to come up again, he said.

The Satyam fiasco: Complete Coverage