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LIC trims holding in 15 Sensex firms

Booking profit in the recent stock market uptrend, state-run insurance giant LIC offloaded shares worth over $1 billion in half of the 30 Sensex companies, including in RIL and ICICI Bank, in last......

Fallen Indians remembered in South Africa

Mahatma Gandhi was remembered by South Africans as they marked the 150th year since the first indentured Indian workers arrived by boat in Durban. During an event organised at the Cenotaph in......

Lessons from California

Part I: The Gurgaon FactorHaving played a minor role in the late nineties boom of North First Street and now again, as I get involved in the Gurgaon boom --it's perhaps appropriate to inspect what......

Banking foray: Tatas, Birlas, Bajajs banking on brand names

Bank aspirants like the Tatas, Birlas and Life Insurance Corp of India are expecting that using their parents’ known brand names will help them establish banks in India once the Reserve Bank......

LIC sells shares worth Rs 12,600 crore

State-run Life Insurance Corp of India (LIC), a major domestic institutional investor, sold shares worth Rs 12,600 crore (about $2.32 billion) in companies related to financial, auto and pharma......

LIC investment touches Rs 14.8 lakh crore in Dec

The total investment corpus of Life Insurance Corp of India (LIC) touched Rs 14.8 lakh crore or Rs 14.8 trillion (provisional) as on December 31, registering 10 per cent growth in the first nine......

Financial institutions battle royalty squeeze of HUL

Financial institutions (FIs), led by the Life Insurance Corporation of India (LIC), are peeved at the way multinationals are raising royalties and technical know-how from their local subsidiaries.......

LIC ups Infy stake to record high; buys Rs 2-k cr shares

Life Insurance Corporation of India has hiked its stake in Infosys to a record high level of 6.3 per cent with purchase of shares worth an estimated Rs 2,000 crore (Rs 20 billion) in the first......
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Markets extend losses; IT, pharma shares drag, metals shine

Benchmark indices continued to trade weak dragged primarily by losses in information technology, pharmaceutical and private bank shares. However,... ...

http://wap.business-standard.com/article/markets/markets-extend-losses-it-pharma-shares-drag-metals-shine-115041700345_1.html
The 10 highest paid Indian-American CEOs

Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare? Image: Satya Nadella with Bill Gates.... ...

http://www.rediff.com/money/report/pix-special-the-10-highest-paid-indian-american-ceos/20150417.htm
Sensex down 100 points; banks, IT shares drag

Markets have extended losses in the morning deals with IT shares leading the decline after TCS missed the street expectations. Meanwhile, banking... ...

http://wap.business-standard.com/article/markets/sensex-down-100-points-banks-it-shares-drag-115041700155_1.html
Hindalco Industries gains; LIC raises stake

Shares of Hindalco Industries Ltd gained 0.9 per cent on Friday. India's largest investor Life Insurance Corp (LIC) has increased stake in the... ...

http://www.thehindubusinessline.com/markets/stock-markets/hindalco-industries-gains-lic-raises-stake/article7112358.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
REC share sale, subscribed over 5.5 times, earns Rs1,550 crore

Shares of REC rose 2.61% to Rs330.05 each on BSE, while India's benchmark Sensex gained 0.67% to 28,707.75 points. New Delhi/Mumbai: The... ...

http://www.livemint.com/Money/fg1qPsVWsYt9XK4yQfgCcJ/REC-share-sale-gets-fully-subscribed-on-institutional-demand.html

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