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Lalit Mundhra

Stealth • 10m

This is an interesting community Medial has given shape to. People sharing ideas, exploring the world of business and learning focused mindset. To be a tiny contributor to the same, I will randomly share factoids from the world of business. Trivia that will leave you with "What? Seriously?" So, let's begin keeping the most happening event of the present time in mind- The IPL. We all know that India Cements is the owner of the most coveted team of the league i.e. CSK (MI fans please don't curse). But, do you know who is one of the largest stakeholders in CSK? It's LIC! Holds around 6% Yes, the behemoth has investments in myriad of sectors. So, next time you see LIC in the list of shareholders of any company, don't be surprised.

4 replies9 likes

Replies (4)

Anonymous 2
•

Atlan • 10m

They have loads of cash, plus CSK is a great investment.

1 replies

Anonymous 1

Stealth • 10m

SO this is where LIC is investing poor people's insurance money!

1 replies

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