Question

Life Insurance Corporation of India (LIC) has increased its stake in which IT company to 8.88 per cent?

A Tech Mahindra Correct Answer Incorrect Answer
B Infosys Correct Answer Incorrect Answer
C HCL Tech Correct Answer Incorrect Answer
D Wipro Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Life Insurance Corporation of India (LIC) has increased its stake in Tech Mahindra to 8.88 per cent. This is 81 basis points higher than the 8.07 per cent stake that it held in the IT major as on March 31,2023.

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