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• Issue-wise legal analysis
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Investment by Public Financial Institution in Tobacco Companies.

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....nvestment by Public Financial Institution in Tobacco Companies. <br>News and Press Release<br>Dated:- 8-5-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 08-May-2012 ....

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....18:55 IST Investment by Public Financial Institution in Tobacco Companies The details of investments made by Life Insurance Corporation of India (LIC) and the Unit Trust of India (UTI) in ITC Limite....

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....d are as under: Investment made by Number of share Life Insurance Corporation of India 93,52,41,572 Unit Trust of India 89,68,68,810 LIC is investing in Government's Securities, Infrastructure ....

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....Financing and Companies including private sector within permissible regulatory norms. The Unit Trust of India which was established under the UTI Act 1963, invest in many public sector and private sec....

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....tor companies across various industries in terms of its main business. The investment in the equity shares of ITC Limited was one of such investments made by UTI. This information was given by the M....

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....inister of State for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today. * * * DSM/Hb<BR> News - Press release - PIB....

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