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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......

ICICI Pru Life files for India's biggest IPO in six years

ICICI Pru Life is expected to be listed later this year. India's ICICI Prudential Life Insurance Co Ltd has filed for an initial public offering of shares, which sources have said could raise about......

LIC is the saviour again, buys 86% shares in IOC stake sale

State-owned Life Insurance Corporation of India, the country's largest investor, bought just under 86 per cent of shares sold by the government earlier this week in state-run refiner and fuel......

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......
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The Clock Is Ticking For India's Biggest Corporate Battle

(Bloomberg) -- The biggest proxy fight to rock corporate Indialooms as six listed Tata Group companies prepare to ask investors to pick between... ...

http://www.bloombergquint.com/markets/2016/12/08/battle-of-the-century-imperils-tatas-as-investor-loyalty-tested
Modi govt rains discounts on cashless transactions

Highlights 14:23 (IST) One month of harassment, pain, hopelessness, financial insecurity and utter chaos: Mamata Banerjee 14:14 (IST) I always... ...

http://www.firstpost.com/business/demonetisation-day-30-modi-govt-rains-discounts-on-cashless-transactions-3095312.html
San Jose based Prysm helping clients define new way of working; honcho Amit Jain explains how

A recent Forrester Consulting study on behalf of Prysm called Digital, Disparate, and Disengaged, highlights that 83% of information workers feel... ...

http://www.financialexpress.com/industry/technology/san-jose-based-prysm-helping-clients-define-new-way-of-working-honcho-amit-jain-explains-how/467852/
Aviva Launches India's First Heart Insurance for Couples "Aviva Heart Care"

Aviva Life Insurance, today announced the launch of the first ever heart insurance for couples in India - Aviva Heart Care. A unique feature of... ...

http://businesswireindia.com/news/news-details/aviva-launches-indias-first-heart-insurance-couples-aviva-heart-care/51290
Some PSU banks may not be able to comply with free float norm

RBI, in a recent communication to the Union finance ministry, has said that some PSU banks may not be able to comply with the 25% minimum free... ...

http://www.livemint.com/Industry/3nsuyworJlXHvVBcRSMPkO/Some-PSU-banks-may-not-be-able-to-comply-with-free-float-nor.html

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