LIC may invest Rs 60k cr in equities in FY15

Tags: LIC, Companies
Life Insurance Corporation (LIC) of India chairman SK Roy is positive about Indian stocks,

RELATED ARTICLES

according to an interview with a TV news channel on Tuesday.

Roy says LIC's 2014-15 equity investments seen at Rs 600 billion ($9.79 billion).

"I see further upside for market in FY15," Roy tells news channel.

Adds LIC's overall investments in 2014-15, including outside of equities, may cross Rs 3 trillion.

Roy also says he does not see the impact of poor monsoon on the economy, adds RBI holding rates is positive for markets.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Amidst Sino-Indian bonhomie, the Tibet issue cannot be wished away

    Tibet did not figure in the three-day high-level meetings between India and the People’s Republic of China (PRC).

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: Intertemporal choices

Intertemporal choice is the study of the relative value people ...

Parvez Imam

Why we all have blood on our hands

What does the Jammu and Kashmir flood make us think? ...

Dharmendra Khandal

The peculiar possibilities of animal poop

You can tell a lot about an animal by its ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture