Business Standard

Lic Booking Profits In Equities

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Freny Patel BUSINESS STANDARD

Life Insurance Corporation of India (LIC) is prowling the markets for profit opportunities. The insurance company is looking to book profits in scrips it had bought when the Bombay Stock Exchange (BSE) sensex was ruling at the 2,600 level.

The new managing director, R N Bhardwaj, said in his first interview to the Press after he took charge today,

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First Published: Dec 03 2002 | 12:00 AM IST

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