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
One Year Later
A year after militants laid siege to Mumbai, the country still remains very vulnerable. Full Article | Full Coverage
Liberhan Commission Report
The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya. Full Article
