Amidst the shadow of Hindenburg over the Adani Group led by well-known industrialist Gautam Adani, LIC has given a big response to the ongoing news regarding its investment in the group. It has been announced by LIC that their investment in Adani Group will remain the same and will not be reduced at all. Chairman of the country's largest insurance company M. R. Kumar (MR Kumar) has said this big thing.
In his statement of not reducing investment in Adani Group, LIC Chairman said that we will call Adani Group Management occasionally only to know the business profile. Along with this, we will take information from time to time on which schemes are being worked on in the group and how they are being managed.
After the Hindenburg Report, this is a relieving report for the troubled Adani Group. Earlier it was said that amidst the questions arising regarding investment in the group, the officials of the public sector insurance company will hold a meeting with the top management of the Adani Group and seek information about the crisis related to various businesses of the group and try to find out what he is doing to deal with the situation. Explain that LIC's net profit (LIC Net Profit) has reached Rs 8,334.2 crore with a sharp increase in the October-December quarter of the current financial year. This figure was Rs 235 crore in the same period a year ago. On the other hand, if we look at the September quarter figures earlier, the insurance company had registered a profit of Rs 15,952 crore.
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