Latest Updates Around The World
India’s largest institutional investor Life Insurance of India (LIC) has lost Rs 10,445 crore in just two days on its investment in blue-chip stock ITC, which plunged 14% after the government announced a revised excise duty structure on cigarettes.LIC’s stake in ITC stood at 15.86% (199 crore shares) at the end of the September quarter. […]
India’s largest institutional investor, Life Insurance Corporation of India (LIC), ended 2025 on a rather sour note, with 64% or 184 of its portfolio stocks underlined in red. The conclusion was drawn from an analysis of 288 stocks in which LIC invests. Moreover, its own performance during the year was moderate: the counter fell by […]
India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has sold nearly 2% stake in Adani Ports and Special Economic Zone (APSEZ) between November 2022 and December 2025, bringing its stake down to 7.34%, according to APSEZ’s filing with the stock exchanges on Friday.LIC had earlier held 9.35% stake in the APSEZ, which […]
State-owned insurers and one of India’s largest asset managers, Life Insurance Corp (LIC), have reduced their stake in refiner Bharat Petroleum Corporation Ltd (BPCL), reducing their stake from 8.75% to 6.75%. The cut comes as the state-owned refiner has reported a strong set of numbers for the September quarter, boosted by better refining margins and […]
India’s largest life insurer Life Insurance Corporation (LIC) has increased its stake in FMCG companies Tata Consumer Products and Dabur India, according to filings of both companies with the stock exchanges. LIC has increased its stake in Tata Consumer by 2.012% to 8.645% from 6.633% earlier. The additional stake amounts to over 1.99 crore shares. […]
