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Searched Tag: adani energy solutions

LIC's investments in Adani Group stocks suffered steep losses as shares nosedived following bribery allegations against Gautam Adani.

Adani stocks crash by 23%, LIC loses ₹8,700 crore in a day

November 21, 2024, 05:29 PM - 3 min read

Adani Group stocks nosedived by up to 23 per cent after US authorities charged Gautam Adani and others in a multi-billion-dollar bribery case, eroding ₹2.24 lakh crore in market value and LIC’s holdings by ₹8,700 crore.

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