Month: November 2017

17 Nov

LIC ups stake in Colgate Palmolive India to over 7%

Life Insurance Corporation (LIC) of India has acquired 2.021 percent stake in FMCG firm Colgate Palmolive India through open market purchase, taking the total holding in the company to 7.037 percent. Life Insurance Corporation (LIC) of India has acquired 2.021 percent stake in FMCG firm Colgate Palmolive India through open market purchase, taking the total […]

17 Nov

LIC raises stake in Coal India to 9.4%

Insurance behemoth Life Insurance Corporation (LIC) of India has hiked stake in state-owned Coal India to 9.4 percent, the coal major said. Coal India (CIL) said in a filing to BSE that LIC bought 2 percent share in the PSU through Open Market Purchase from “January 1, 2015 -October 31, 2017.” The PSU which accounts for over […]

11 Nov

LIC hikes stake in Indiabulls Housing Finance by 2%

LIC, which had 5.19 per cent stake earlier, increased its shareholding in the company to 7.23 per cent by buying shares between September 28 and November 13, 2017, LIC said in a filing to BSE. LIC, which had 5.19 per cent stake earlier, increased its shareholding in the company to 7.23 per cent by buying […]