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View Full Version : Whose interest does LIC represent?


Prashanth
8th January 2009, 06:18 PM
?
LIC yesterday issued a Press Release stating and I quote,

[I]"We have a 4.34 per cent stake in Satyam Computer Services Ltd. We have no plan to sell our stake, at least in the short-term.? He said LIC will play a positive role in helping th... More (http://www.desitradermall.com/blog/2009/01/08/whose-interest-does-lic-represent/)

achinj
12th January 2009, 11:50 AM
probably the insured people .. i assume they bought in Satyam at a high price and by the time they decided to quit the price was already very low.
Being in a spot (may be) made them to align themselves in face saving help or call for Satyam.
But other than LIC/ICICI pru/Lazard who are the other big ticket holders in Satyam! would be a good thing to c the current holdings against each name! can we get that Prasanth :P

TIA