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News Business Post report claims Govt directed LIC to invest $3.9 bn in Adani , insurer says ‘baseless’ Post report claims Govt directed LIC to invest $3.9 bn in Adani , insurer says ‘baseless’ Congress asks: Under whose pressure did officials of Finance and NITI Aayog decide to bail out a private company? Adani News is your trusted channel for real updates, insights, and detailed analyses of the Adani group’s recent activities in the business world. We aim to provide a broad spectrum of topics related to Adani , including its key operations in sectors such as infrastructure, renewable energy, resources, agribusiness, real estate, logistics, and more. A Washington Post report claimed that the Finance Ministry expedited a proposal directing nearly $3.9 billion (Rs 33,000 crore) in investments from the Life Insurance Corporation of India (LIC) into the Adani Group. The life insurance major rejected the claims as baseless. Gautam Adani US indictment highlights: The U.S. SEC has charged Adani for allegedly defrauding American investors and bribing officials. Follow the Hindu’s highlights.
