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Lic Mutual Fund Asset Management

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LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs......

'Huge demand for life insurance products in India'

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.' Photograph: Kind courtesy LIC......

MF IPO anchor bigger than foreign investors for 2nd yr

Mutual funds (MFs) are likely to surpass foreign portfolio investors (FPIs) in terms of anchor investments in initial public offerings (IPOs) for the second consecutive year. Illustration:......

Will Bajaj Finserv MF be able to live up to expectations?

The mutual fund (MF) industry has seen a fair number of new entrants in the last 10 years but none of them have proved to be much of a challenge for the larger players. Illustration: Dominic......

Adani slips to No 30, group stocks lose Rs 12 lk cr in 1 month

Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own......

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