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LIC, Singapore Govt hike stake in Reliance Industries in June quarter

In an exclusive interview to NDTV Profit’s Vijay Iyer, D.K. Mehrotra, chairman, Life Insurance Corporation of India (LIC) talks about LIC's targets for investments in the equity market this coming year and what sectors are looking attractive to the insura

Anand Shimpi (Image courtesy: theverge.com)
Anand Shimpi (Image courtesy: theverge.com)
State-run insurance giant Life Insurance Corporation (LIC)  and Government of Singapore have hiked their stake in Reliance Industries with the purchase of shares worth over Rs 1,550 crore during the past quarter.
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