‘LIC can’t buy over 10% in companies’

by admin on February 17, 2010

Life Insurance Corp of India won’t be allowed to increase its stake to more than 10% in Indian companies, but will be allowed to retain the stake in those firms where it already holds more than 10%, a finance ministry official said.

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay

Related posts:

  1. S Tel sells 11% stake to GB Corp for $50 million GB Corp has routed this investment through Batelco Millenium...
  2. Companies set to hire 10 lakh in ‘10-11 It’s official. Jobs are back. The organised sector in India...
  3. Daimler to sell Tata Motors stake German auto major Daimler, which holds a 5.34% stake in...
  4. FDI inflows up 10% in Dec India received $1.5 billion foreign direct investment in December 2009,...
  5. Yamaha aims double digit market share in current fiscal Two wheeler manufacturer India Yamaha Motor, 100% subsidiary of Japan’s...

Related posts brought to you by Yet Another Related Posts Plugin.

Previous post:

Next post: