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

SKS Microfinance completes Rs 316 crore securitisation

SKS Microfinance, the only listed microfinance company in the country, has completed its first securitisation transaction of Rs 316.25 crore in ...

RBI advisor says rate cut may be possible in March

"Real interest-rates are becoming more and more positive, which would be severely disinflationary, and that means we have to cut rates," said ...

Rajan gets his way on RBI's restructuring plan

RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals

Back to Top