Life Insurance Corporation of India looking at PSU equity

Life Insurance Corporation of India (LIC) Chairman D K Mehrotra on Monday said the company would buy stakes in public sector units (PSUs) going for part-disinvestment if it found good value in doing so.

The government has planned to sell some stake in PSUs such as Hindustan Copper, Oil India, Minerals and Metals Trading Corporation, National Aluminium and NMDC, among others. Read more