LIC refutes ‘false’ report alleging govt influence over Adani investments

LIC has vehemently denied a Washington Post report alleging Indian officials influenced its investment decisions in Adani group companies. The insurer stated its investments are independent, board-approved, and made in the best interest of stakeholders, refuting claims of a drafted proposal to channel funds into Adani firms.

Oct 25, 2025 - 18:30
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LIC refutes ‘false’ report alleging govt influence over Adani investments
LIC has vehemently denied a Washington Post report alleging Indian officials influenced its investment decisions in Adani group companies. The insurer stated its investments are independent, board-approved, and made in the best interest of stakeholders, refuting claims of a drafted proposal to channel funds into Adani firms.

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