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  • News From Press Should LIC invest in ITC? Bombay High Court to decide

    Should LIC invest in ITC? Bombay High Court to decide

    Source: Economic Times Apr 15, 2017

    Tata Trusts trustees R Venkataramanan and Laxman Sethuraman along with five others have filed a public interest litigation (PIL) in the Bombay High Court against the union government, the Insurance Regulatory and Development Authority of India and five state-run life insurance companies for investing in tobacco companies including ITC and VST Industries. Such investments contradict the anti-tobacco stance of the government of India on a national and international level, the PIL said. 

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