Life Insurance

Here’s why LIC should not be allowed to invest in cigarette companies


Apr 25, 2017 08:34 AM IST | Source: CNBC-TV18

State-owned insurers like Life Insurance Corporation of India should not be allowed to invest in cigarette makers such as ITC, according to a public interest litigation filed in the Bombay High Court.

State-owned insurers like Life Insurance Corporation of India should not be allowed to invest in cigarette makers such as ITC, according to a public interest litigation filed in the Bombay High Court.

The petition wants the companies to divest their shareholding in cigarette companies.

Yash Jain of CNBC-TV18 caught up with Pankaj Chaturvedi, Petitioner in the case.

Watch video for more…



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