Life Insurance Corporation of India (LIC) maintains substantial investment stakes in both Bharti Airtel and Infosys.
2 reports, 1 independent
Updated Aug 1
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What happened
Life Insurance Corporation of India (LIC) maintains substantial investment stakes in both Bharti Airtel and Infosys.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Life Insurance Corporation of India
Indian state-owned insurance group and investment company
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Bharti Airtel
Indian multinational telecommunications company
- A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.
- Escalating tensions drove Brent crude prices up, negatively impacting various companies in the Indian market, including HCL Technologies, Bharti Airtel, and Apollo Hospitals.
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Infosys
Indian multinational technology company
- On September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.
- Major Indian IT companies, including TCS, Infosys, Wipro, and HCL, are currently locked in a fierce competition for market leadership, with TCS also vying with Reliance Industries.
Related events
- Life Insurance Corporation of India (LIC) has been identified as a promoter of a bank.
- LIC sold a stake through the Offer for Sale (OFS) mechanism on August 28, 2026.
- Bharti Airtel is the parent firm of Airtel Payments Bank, which serves customers across India. Sunil Mittal, founder of Bharti Enterprises, chaired the bank.
- Bharti Airtel and Cipla contributed to strong earnings growth in the Indian market, according to Motilal Oswal.
- On July 1, 2026, market performance was mixed: Bharti Airtel, Infosys, Axis Bank, and Hindustan Unilever gained, while Bajaj Finance lost.