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• LIC Housing Finance - Money Matters Under CBI Probe - Bloomberg UTV Reports
• LIC Housing Finance plunges after CBI raids
• CBI Raids LIC HF Offices in Mumbai, Several Arrests likely

LIC Housing Finance - Money Matters Under CBI Probe - Bloomberg UTV Reports Posted: 24 Nov 2010 02:40 AM PST LIC Housing Finance Ltd. and Money Matters Financial Services Ltd. are being probed by India's Central Bureau of Investigation, Bloomberg-UTV reported today, citing people it didn't identify. The two companies are under investigation for certain investments and placements, the television channel said. R.R. Nair, chief executive officer of LIC Housing Finance, and spokesman Sudipto Sil weren't avaliable [...]

LIC Housing Finance plunges after CBI raids Posted: 24 Nov 2010 02:34 AM PST LIC Housing Finance were under pressure after reports surfaced that Central Bureau of Investigation raided the offices of the finance company in connection with an alleged multi-crore home loans scandal. The scrip plunged 20.34 per cent to Rs 1042.60 on the NSE. It touched a low of Rs 1031.10 in trade so far. Shares of Central Bank [...]

CBI Raids LIC HF Offices in Mumbai, Several Arrests likely Posted: 24 Nov 2010 01:46 AM PST CBI Raids LIC HF Offices in Mumbai, Several Arrests likely Offices of LIC Housing in Mumbai, Delhi and Kolkata raided. CBI to hold press conference on LIC HF at 4.00 pm in Mumbai CBI has arrested some of the officers of LIC Housing Finance. After this news came out stock of LIC Housing Finance has crashed by over 220 [...]

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