Shares of Life Insurance Corporation (LIC) on Wednesday jumped more than 6 per cent after the firm said Sebi has granted an additional 3-year time till May 16, 2027, to comply with the 10 per cent public shareholding norm. The stock rallied 6.31 per cent to settle at Rs 989.80 apiece on the BSE. During the day, it climbed 7.31 per cent to Rs 999.15.
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Virat Kohli, the renowned Indian cricketer, has ventured into the world of startups and investments too. Under his ownership, some notable investments are📌Rage Coffee,📌Blue Tribe,📌Sport Convo,📌Universal Sportsbiz,📌Galactus Funware Technology Pvt Ltd,📌Digit, &📌Hyperpiece. Kohli has also launched his own startups, including 📌One8 Commune,📌Nueva, and📌Puma One8. [Source: Your Story]
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U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut. The consumer price index rose 0.3% last month after advancing 0.4% in March and February, the Labor Department's Bureau of Labor Statistics (BLS) said on Wednesday.
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