LIC, Has Said That These Purported Statements in The Article Appear To Have Been Made With The Intentions To “Prejudice” The Well-Settled Decision-Making Process of LIC And Also To “Tarnish The Reputation And Image” of LIC And The Strong Financial Sector Foundations in India.

LIC Issues BIG statement on allegations of benefiting Gautam Adani’s group

LIC refutes Washington Post report on $3.9-billion Adani investment plan.

The LIC said claims that its investment decisions were influenced by external factors were “false, baseless and far from the truth”. The LIC said no such proposal or document had ever been prepared by the insurer.

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