Web09. nov 2024. · Insurance companies also hold 20.7 percent stake in ITC, most of which (15.6 percent) is held by the Life Insurance Corporation of India (LIC). Other insurance companies that are stakeholders include The Oriental Insurance Co. Ltd., The New India Assurance Co. Ltd., and General Insurance Corporation of India. Web26. okt 2024. · Where LIC also holds a 51% stake in IDBI Bank, making it the only insurer in India to own a bank, since regulations prohibit insurers from holding more than 15% stake in any company. LIC subsidiaries LIC Pension Fund Limited. LIC Pension Fund Limited is India's first pension fund. It was set up by Life Insurance Corporation (LIC) in November ...
Government Considering To Sell Its 7.93 Per Cent Stake In ITC …
Web19. feb 2024. · LIC’s stake in the Indian market is about 4 per cent as of September 30, 2024, down from the 4.7 per cent level seen in 2024. LIC’s stake in state-owned … Web14. feb 2024. · According to BSE data, as of December 31, 2024, other notable investments by LIC include a 16.23 per cent stake in ITC Ltd, 14.22 per cent in Hindustan Copper, and 12.16 per cent in Larsen ... honolulu airport to waikiki shuttle
LIC asked to reduce stake in L&T, ITC - The Hindu
Web11. apr 2024. · Meanwhile, the insurer reduced its stakes in Adani Ports and Ambuja Cements. The number of small retail investors in Adani Enterprises increased to 7.29 lakh, compared to 1.86% in Q3. LIC’s investment in Adani Group companies, at INR 30,127 crore as of January 2024, has become a political issue. Web22. apr 2024. · The stakes are held through the Special Undertaking of the Unit Trust of India (around 9 percent), LIC (around 16 percent) and through other state-owned insurance companies. ITC now has diversified beyond tobacco and … Web27. apr 2024. · The petition said the Union government owns a 32 percent stake in ITC through five state-run insurance companies, and the Unit Trust of India. When the court sought to know today as to why the petition has been filed now despite the LIC investing in ITC since 1972, Dhond said the issue came to their knowledge in October last when the … honolulu aktivitäten