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Showing posts with the label LIC Adani controversy

LIC Adani Latest News: Washington Post Report, LIC’s Denial, and the Facts You Need to Know

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In late October 2025,   LIC Adani latest news   became the top headline across financial and political media after a Washington Post report alleged a $3.9 billion plan involving India’s Life Insurance Corporation and the Adani Group.. LIC has strongly denied the report, calling it false and baseless and saying no such plan or document was prepared. The episode revived scrutiny of a May 2025 transaction in which LIC bought Adani Ports bonds and reopened debate over how large institutional investors should manage exposure to major corporate groups.  The timeline: how the story unfolded May 2025: the bond transaction that brought attention In May 2025 Adani Ports & SEZ issued a large rupee bond. Reports at that time said LIC had picked up the issue, which was notable because the bonds carried a low spread over government yields and signaled renewed investor confidence in the Adani Group after the 2023 controversy. That purchase — widely reported as roughly ₹5,000 crore —...