Essayer OR - Gratuit
FinMin rejects Post's claims of influence on LIC investments in Adani cos
Mint Ahmedabad
|December 02, 2025
The finance ministry does not issue any advisory or direction to Life Insurance Corp. of India (LIC) on matters related to investments, finance minister Nirmala Sitharaman told Parliament on Monday, reiterating that the state-run insurer operates independently.
As of 30 September 2025, LIC's total exposure to the Adani Group stood at ₹48,284.62 crore in equity and debt.
(MINT)
“The investment decisions of LIC are taken by LIC alone following strict due diligence, risk assessment, and fiduciary compliance and are governed by the provisions of Insurance Act, 1938, as well as regulations issued by the Insurance Regulatory and Development Authority of India (Irdai), Reserve Bank of India (RBI), and Securities and Exchange Board of India (Sebi) (wherever applicable) from time to time,” she said while answering a question on LIC’s recent investment in the Adani Group.
Cette histoire est tirée de l'édition December 02, 2025 de Mint Ahmedabad.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Ahmedabad
Mint Ahmedabad
Seeking affordable financial advice? Try fixed-fee RIAs
Sebi-registered RIAs earn from client fees, not commissions, ensuring conflict-free guidance
5 mins
December 04, 2025
Mint Ahmedabad
Is there an AI bubble? Here is a look at what’s brewing
The question I am asked most often these days is whether there is an artificial intelligence (AI) bubble forming in global markets. Rather than offering my opinion, let me tell you some facts.
4 mins
December 04, 2025
Mint Ahmedabad
DIVERSIFICATION MYTHS: THE MULTIVITAMIN LESSON FOR MULTI-ASSET INVESTORS
A friend of mine recently shared something that made me smile— and think.
3 mins
December 04, 2025
Mint Ahmedabad
Xander sells B’luru office building to Embassy Reit for ₹852 cr
Investment firm Xander Group Inc. has sold an office building in Bengaluru’s Embassy Golf Links business park to Embassy Office Parks Reit for ₹852 crore, said a person aware of the matter.
2 mins
December 04, 2025
Mint Ahmedabad
IT sheds weight in indices as AI rises
Combined weight of IT cos in BSE Sensex down to 18-year low
1 mins
December 04, 2025
Mint Ahmedabad
Zerodha looks beyond retail, bets on Tijori to draw institutional investors
Discount broking firm Zerodha's $5 million bet on research platform Tijori will help it move beyond retail trading and strengthen its products for cash-market and mutual fund investors, a top company official said.
2 mins
December 04, 2025
Mint Ahmedabad
INDIA'S SOLAR BOOM SHOWS 'CHINA' CRACKS
A massive solar module oversupply in India could force a painful industry consolidation. Who will survive?
7 mins
December 04, 2025
Mint Ahmedabad
Xi courts Macron to isolate Japanese PM
Emmanuel Macron is flying into another controversy over Taiwan.
3 mins
December 04, 2025
Mint Ahmedabad
The retail pivot of banks has seen lots of friction
Grievance data from RBI's Ombudsman Scheme report reveals rising discontent—much of it traceable to a major retail thrust by private sector banks. Remedial measures are a must
2 mins
December 04, 2025
Mint Ahmedabad
Fed chair interviews cancelled as US President homes in on pick
The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank.
3 mins
December 04, 2025
Listen
Translate
Change font size