Finance Minister Nirmala Sitharaman rejected a Washington Post report claiming the Centre forced LIC to invest $3.9 billion in Adani Group. "Investment decisions of LIC are taken by LIC alone following...due diligence, risk assessment and fiduciary compliance," she said. "Finance Ministry doesn't issue any advisory to LIC in connection with matters related to investment of LIC fund," she added.
short by
Mansi Agarwal /
10:39 pm on
01 Dec