LIC Increases Stake in Nestle India to Over 5%: What It Means for Investors and Policyholders
LIC Increases Stake in Nestle India to Over 5%: In a notable move that strengthens its position in the fast-moving consumer goods (FMCG) sector, Life Insurance Corporation of India (LIC) has increased its stake in Nestle India Ltd. to over 5%, marking a significant vote of confidence in the brand. According to the latest stock…