NEW DELHI: State-run insurance giant LIC and Government of Singapore have hiked their stakes in Reliance Industries with the purchase of shares worth over Rs 1,550 crore during the last quarter.
During the same period, the Government of Singapore also raised its RIL holding marginally from 1.06 per cent to 1.22 per cent.
At the current market price, the additional shares purchased by LIC during the quarter are worth about Rs 1,450 crore, while that of Singapore government is worth about Rs 100 crore. Full story
