Business Standard

LIC increases stake in Cummins to 5.42%

Related News

The country’s largest insurer Life Insurance of India (LIC) has raised its to 5.42 per cent through for Rs 19.06 crore.

In a disclosure to the Bombay Stock Exchange, Cummins India today said LIC has acquired 11 lakh shares, representing 0.55 per cent stake, at a price of Rs 2 each via open market purchase. Post acquisition, LIC now holds 5.42 per cent stake in Cummins India.

Read more on:   
|
|
|
|

Read More

Going out of Citi Suvidha? Keep higher balance

Citi India’s ‘Suvidha’ salary account holders will need to maintain a monthly net relationship value of Rs 1 lakh if their salary is no longer ...

Quick Links

More news from Finance Rss icon

RBI cautions against credit card frauds in its name

The Reserve Bank of India has cautioned customers against fraudsters issuing credit card in the banking regulator's name and duping people

SBI reworks recruitment policy

Intake to match retirements each year

RBI policy allows ING to hold 10% in merged entity: Uday Kotak

There is an element of fat and it will be addressed in an evolutionary manner, Kotak said referring to the merger

Back to Top