Govt ups LIC equity buy limit to 30%, eyes disinvestment target

[IndiaInsurance]

Finance Ministry today permitted the state-owned LIC to invest up to 30 per cent in a company as against the earlier ceiling of 10 per cent.

More... (http://www.financialexpress.com/news/govt-ups-lic-equity-buy-limit-to-30-eyes-disinvestment-target/1034313/)