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Decision to invest in Adani Group companies taken independently: LIC

The New Indian Express Mangaluru

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October 26, 2025

LIFE Insurance Corporation of India (LIC) on Saturday denied all allegations of infusing money into the Adani Group, as reported by The Washington Post.

- ENS ECONOMIC BUREAU @New Delhi

Decision to invest in Adani Group companies taken independently: LIC

The state-run insurer called the claims “false, baseless, and far from the truth,” asserting that no such document or plan as reported by the US daily exists within the organization.

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