A Massive Rebound: LIC’s Adani Investment Increases
As the stock of the conglomerate Adani Group has risen from the post-Hindenburg lows, the investment of Life Insurance Corp. in the company has more than doubled. According to Bloomberg,…
LIC’s Investment in Adani Group Benefits Both the Entities and the Indian Economy
The Life Insurance Corporation of India (LIC) is the largest institutional investor in the country, with a total equity portfolio of around Rs 10.27 lakh crore as of September 2022.…