The caps, once approved by the LIC board, would further limit the insurer’s exposure. Currently, the insurer cannot invest more than 10% of outstanding equity in a company and 10% of the outstanding debt.
Read Next
Business
November 2, 2024
Iraq reduces oil exports to 3.3 million barrels per day
Business
November 2, 2024
IMF sees India driving growth in Asia-Pacific region
Business
November 2, 2024
India's power consumption rises amid strong growth
Business
November 2, 2024
Facebook India’s net profit up 43 pc to Rs 505 crore in FY24
Business
November 2, 2024
Elon Musk lays off more employees from X: Report
Business
November 1, 2024
Surge in SUV sales revs up India’s auto sector in Oct
November 2, 2024
Govt’s digital life certificate campaign to benefit over 1.81 lakh pensioners
November 2, 2024
Coal India Ltd steps into 50th year with 9-fold leap in production
November 2, 2024
Iraq reduces oil exports to 3.3 million barrels per day
November 2, 2024
IMF sees India driving growth in Asia-Pacific region
November 2, 2024
India updates biodiversity action plan, to conserve 30pc areas by 2030
November 2, 2024
India's power consumption rises amid strong growth
November 2, 2024
Facebook India’s net profit up 43 pc to Rs 505 crore in FY24
November 2, 2024
Elon Musk lays off more employees from X: Report
November 2, 2024
Samvat 2081 offers investors remarkable chance to reshape their financial journey
November 1, 2024
