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LIC to invest Rs 1.95 lakh crore across asset classes in FY12
The company said the purchase consideration for purchase of equity shares of Fortis Healthcare International amounting to USD 262 million is being been funded through issue of redeemable preference shares to the promoters.
12 Jan 2012, 06:54 PM IST 
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Source: AP
The country's largest financial institution, LIC, on Thursday said it will pump in up to Rs 1.95 lakh crore this fiscal, the same as the last year's, though market conditions are sloppy and there are many a headwind on the macro front of the economy.
