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View Full Version : LIC for another market binge



IndiaInsurance
24th June 2009, 05:40 PM
The country's largest insurer, Life Insurance Corporation of India (LIC), is likely to invest Rs 40,000 crore in equities during the current fiscal. LIC, which is also the country's largest financial institution, said it invested a similar sum in the stock markets last year too. "If the going is good, we will invest as much this year in equities too," LIC chairman TS Vijayan said.

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