It is the second denial by LIC, as the public sector insurer had already rejected the allegations made in the Washington Post report on Saturday, describing them as "far from the truth."
The Washington Post had claimed that Indian officials had drafted a proposal to channel approximately USD 3.9 billion (Rs 32,000 crore) from LIC into companies owned by the Adani Group.
Adani Energy Solutions Limited (AESL), part of the Adani group and India's largest private power transmission and distribution company, on Monday announced what it described as a robust financial and operational performance for the quarter and half-year ended September 30, 2025.
Life Insurance Corporation of India (LIC) on Saturday termed false and baseless, and far from the truth, the allegations levelled by the Washington Post, which had claimed that the investment decisions of the insurance company are influenced by external factors.
New Delhi [India], October 23: A groundbreaking advancement in vehicle tracking and anti-theft systems is on the horizon. Dr. Murtaza Ali Hamid, the inventor of Fuel Burn Radiation Technology (FBRT), has entered into a Memorandum of Understanding (MoU) with Mr. Minesh Adani, Founder of Urja
Adani Group Chairman Gautam Adani on Wednesday announced the construction of a new ropeway to Kedarnath Dham, aimed at making the pilgrimage easier and safer for devotees.
Navi Mumbai (Maharashtra) [India], October 13: In a landmark moment celebrating India's commitment to inclusion and dignity, Prime Minister Shri Narendra Modi visited Mitti Cafe during the inauguration of the Navi Mumbai International Airport, an initiative led by the Adani Group under th
"In a matter of days, over USD 100 billion of our market value was erased, not because any fundamentals had changed, not because facts had failed, but because a totally false story had been weaponised," Adani said.
The Navi Mumbai International Airport project, a major infrastructure initiative aimed at bolstering India's global air connectivity, is ready to welcome passengers.
Ahead of the inauguration of Mumbai's new airport, Adani Group Chairman Gautam Adani praised the collective efforts behind the project, emphasising teamwork and dedication.
Adani Group Chairman, Gautam Adani on Wednesday, inspected Mumbai's new international airport to be inaugurated on October 8 by prime minister Narendra Modi.