LIC made a big bet, bought 6.66% stake in Jio Financial Services, stock fell 12.45 percent
Life Insurance Corporation of India (L.I.C.) has played a big role in the market. The insurance company has acquired 6.66 per cent stake in Jio Financial Services Limited (JFSL), the financial services arm spun off from Mukesh Ambani-led Reliance Group. LIC said in the information given to the stock market that the company has acquired … Read more