LIC Loses Over Rs 8,500 Crore As Adani Enterprises

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LIC Loses Over Rs 8,500 Crore As Adani Enterprises

A woman passes next to a LIC (Life Insurance Corporation of India) office in Kolkata, India, on November 24, 2024. State-run insurer Life Insurance Corporation of India (LIC), which has stakes in seven Adani Group stocks, witnesses an erosion of Rs 8,683 crore in the overall holding value in a single session on Thursday after a US court indicts Chairman Gautam Adani and several others in a $250 million bribery case, as per a media report. (Photo by Sudipta Das/NurPhoto)


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