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lic adani

Will meet Adani Group soon to seek clarification on crisis: LIC Chairman

Jessica Feb 10, 2023

LIC Chairman M.R. Kumar. File | Photo Credit: The Hindu The LIC management will soon meet the top management of the crisis-ridden Adani Group and seek clarification on the crisis being faced by the diversified conglomerate, chairman M.R.…

Business

LIC doubles down on Adani amid Hindenburg’s fraud claims

Jessica Jan 28, 2023

India’s largest life insurer is plowing more money into Gautam Adani’s flagship unit, undeterred by a short seller’s fraud allegations that wiped out more than $50 billion of the conglomerate’s market value in two sessions.…