LIC raises stake in Union Bank of India to 5.04 percent
MUMBAI, Nov 12 (Reuters) - Union Bank of India (UNBK.BO: Quote, Profile, Research) said on Wednesday Life Insurance Corporation of India has acquired a further 1 million shares, or 0.2 percent stake, in the company from the open market, to raise its total holdings to 5.04 percent.
Union Bank shares ended at 157.10 rupees up 0.22 percent in the Mumbai market.
(Editing by Prem Udayabhanu)
© Thomson Reuters 2009 All rights reserved
PLAYBOY SALE
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article
India
US
UK
