LIC cuts stake in 27 Nifty firms; sells shares worth Rs 8000 cr

State-run insurance giant LIC has lowered its holdings in as many as 27 of the 50 blue-chip firms forming the market benchmark index Nifty, while selling shares worth an estimated Rs 8,000 crore. Read more

IBFA awards the best in banking, insurance cos

To honour the best banks and financial institutions, CNBC-TV18 organised the annual IBFA Awards and an eminent jury picked out the winners from across public and private sector banks. The best insurance companies were also honoured. The award for the best public sector bank this year is shared between Bank of Baroda and Punjab National Bank. Read more