Hindenburg

LIC’s debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5

by

LIC’s debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31, 2022, Parliament was informed on Monday. In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman said, “The Life Insurance Corporation of India (LIC) has informed that its … Read more

Adani Group’s further share raising ends today; Only 3% subscription so far

by

Mumbai: Adani Group’s further share raising will end today. The stock rally ends today as the stock market continues to bear heavy losses. Although the target is to raise Rs 20,000 crore, there has been no significant response from the small investors so far. Adani Group managed to get only three percent subscription till yesterday. … Read more