No substance in Washington Post report on LIC investments, say Advocates and Market Experts | Adani
Oct 28, 2025
Multiple Locations, October 28, 2025 (ANI): Indian Market experts and Advocates on October 27 refuted the claims made in a recent Washington Post report on the Life Insurance Corporation of India (LIC)’s investment in Adani Group. The Washington Post reported that the Indian govt drafted a plan to route approximately $3.9B from LIC to Adani Group-owned companies. Life Insurance Corporation of India (LIC) termed the Washington Post report false and baseless, and far from the truth.