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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......

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......

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.......
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Shutdown hits life in Karnataka

The nation-wide shut down by trade unions on Wednesday affected normal life across Karnataka, as buses and autos did not ply, banks did not... ...

http://www.deccanherald.com/content/498661/shutdown-hits-life-karnataka.html
Twelve stocks in focus in Wednesday morning trade

NEW DELHI: Indian markets are expected to trade lower on Wednesday tracking muted trend seen in other Asian markets. "There is no value in being... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/497e72f6/sc/24/l/0Leconomictimes0Bindiatimes0N0Cmarkets0Cstocks0Cnews0Ctwelve0Estocks0Ein0Efocus0Ein0Ewednesdays0Etrade0Carticleshow0C487671990Bcms/story01.htm
Govt not to go ahead with OIL stake sale soon

New Delhi: After getting Life Insurance Corp (LIC) to bail out big ticket Indian Oil Corp (IOC) disinvestment, the government is not likely to sell... ...

http://www.livemint.com/Money/BzqYLBTTsm9gsJpsvp5SLK/Govt-not-to-go-ahead-with-OIL-stake-sale-soon.html
Uber China closes $1 billion fundraising round

BEIJING/SHANGHAI Uber Technologies Inc’s China arm has closed its $1 billion fundraising round early, according to two people with knowledge of... ...

http://www.firstpost.com/fwire/uber-china-closes-1-billion-fundraising-round-sources-reuters-2411046.html
LIC Rescues Government's 'Ill-timed' 10% Stake Sale in Indian Oil Corporation

An exterior view of Life Insurance Corporation of India's (LIC) headquarters is seen in Mumbai September 18, 2014. Reuters The government-owned... ...

http://www.ibtimes.co.in/lic-rescues-governments-ill-timed-10-stake-sale-indian-oil-corporation-644313

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