Published 1 year ago

India's LIC plans investment exposure caps post Adani share rout- sources

Summary by Reuters

The Life Insurance Corp. of India is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group companies.

0 Articles

All

Left

Center

Right

Times of India

'LIC plans investment exposure caps post Adani share rout'

The LIC plans to cap its investment in individual firms, group companies, and websites backed by the same promoters. The quantum of the caps would be decided by the insurer's investment committee before it is taken to the board for approval.

1 year ago·India

Read Full Article

Reuters

Exclusive: India's LIC plans investment exposure caps post Adani share rout

The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group companies.

1 year ago·United Kingdom

Read Full Article

Indian Express

LIC plans investment exposure caps post-Adani share rout: Report

After the Adani group lost over $100 billion in valuation post scathing allegations by US-based Hindenburg Research, state-run LIC was criticised for having over $4 billion exposure to companies from the group.

1 year ago·India

Read Full Article

Financial Post

India's LIC plans investment exposure caps post Adani share rout

NEW DELHI -- The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group comapnies.

1 year ago·Canada

Read Full Article

The Print

India's LIC plans investment exposure caps post Adani share rout

(Corrects spelling of Deloitte in paragraph 12) By Nikunj Ohri NEW DELHI (Reuters) -The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two

1 year ago·New Delhi, India

Read Full Article

Business Standard

LIC plans investment exposure caps post Adani share rout: Reportss

After the Adani group lost over $100 billion in valuation post scathing allegations by U.S.-based Hindenburg Research, state-run LIC was criticized for having over $4 billion exposure

1 year ago·India

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.