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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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India snubs Greece; Nifty ends above 8500, Sensex up 116pts

03:30 pm Market closing: The market has ended with high returns as global markets are reeling under Greece crisis. The Nifty has closed above 8500... ...

http://www.moneycontrol.com/news/local-markets/india-snubs-greece-nifty-ends-above-8500-sensex116pts_1814561.html
Three senior executives exit Aviva India over violations in stock transactions

MUMBAI: Life insurer Aviva India has let go three senior officials, including a securities dealer, after the company came across irregularities in... ...

http://economictimes.indiatimes.com/wealth/insurance/news/three-senior-executives-exit-aviva-india-over-violations-in-stock-transactions/articleshow/47951662.cms
NSE plans to seek board approval for listing

The NSE handles twice the volume of its 140-year-old competitor BSE in the cash segment and controls 80% of India's $28 billion a day stock-... ...

http://www.livemint.com/Money/55XQNBIXOtSe2gIOFpTdAJ/NSE-plans-to-seek-board-approval-for-listing.html
Benchmarks continue to hold their head above water

SENSEX 28086.40 65.53 0.23% NIFTY 8471.65... ...

http://www.finalaya.com/News/Benchmarks-continue-to-hold-their-head-above-water-N403642.aspx
Indian FX/debt factors to watch - June 30

GLOBAL MARKETS ROUNDUP * Asian shares edged up and the euro sagged in early Asian trading on Tuesday as Greece lurched toward defaulting on a... ...

http://www.sify.com/finance/indian-fxdebt-factors-to-watch---june-30-news-equity-pg4ju4eihebdd.html

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