Adani Group
LIC Firmly Denies Washington Post Claims About Government-Directed Adani Group Investments
Oct 29, 2025 12:21 am CST
Life Insurance Corporation of India (LIC) has issued a categorical denial of Washington Post allegations claiming government influence over its Adani Group investments. The public sector insurer emphasized that it makes independent investment decisions following proper due diligence and board-approved policies, without receiving any instructions from the government regarding investments in the Adani Group.
Adani Total Gas Reports 19% Revenue Growth Despite 9% Profit Decline in Q2 FY26
Oct 28, 2025 10:41 pm CST
Adani Total Gas Ltd has reported a 19% increase in revenue despite a 9% drop in quarterly profit due to rising input gas costs. The company achieved 16% volume growth with CNG sales up 18% and piped gas sales up 11%, while maintaining a calibrated pricing approach to protect consumer interests amid APM gas allocation challenges.
Washington Post Faces Credibility Crisis in India Over Adani Group Reporting
Oct 27, 2025 02:27 pm CST
The Washington Post's reporting on India's economic growth and Adani Group faces intense scrutiny as Indians question its journalistic integrity. Following allegations of government-directed investments without verifiable evidence, the publication's history of retractions and corrections has eroded trust, with many viewing its coverage as geopolitically motivated rather than factual reporting about India's economic advancement.
LIC: India's Trusted Financial Guardian Despite International Scrutiny
Oct 26, 2025 11:09 pm CST
Life Insurance Corporation (LIC) stands as India's most trusted financial institution, serving generations of citizens through economic changes and challenges. Despite recent scrutiny from The Washington Post regarding its investment strategies, LIC maintains overwhelming public confidence based on decades of reliable service, prudent portfolio management, and deep community connections across the nation.
Former LIC Chief Denies Government Influence on Adani Group Investments, Challenges Washington Post Claims
Oct 26, 2025 03:31 pm CST
Former LIC chairperson Siddhartha Mohanty has refuted The Washington Post's allegations about government influence on the insurer's Adani Group investments. Both Mohanty and LIC officially denied the claims, stating all investment decisions are made independently following thorough due diligence processes, without external interference from government bodies.
LIC Firmly Denies Washington Post Allegations: Investment Decisions Made with Integrity and Due Diligence
Oct 25, 2025 04:50 pm CST
The Life Insurance Corporation of India (LIC) has issued an official denial against Washington Post reports claiming external influence on its investment decisions, particularly regarding Adani group. LIC emphasized that all investments follow strict due diligence protocols and Board-approved policies, with no external bodies influencing these decisions. The insurer recently reported a 3.91% year-on-year increase in its consolidated net profit for Q1 FY26.
Adani Group's Revolutionary Ropeway Project to Transform Kedarnath Pilgrimage Experience
Oct 15, 2025 02:27 pm CST
The Adani Group is constructing a transformative 12.9 km ropeway system connecting Sonprayag to Kedarnath Dham with a Rs 4,081 crore investment. This innovative infrastructure project will reduce the pilgrimage journey from a 9-hour trek to just 36 minutes, accommodating 1,800 passengers per hour and revolutionizing accessibility to one of India's most sacred sites while boosting tourism in Uttarakhand.
Adani Group Achieves 16.5% Return on Assets, Ranking Among Global Infrastructure Leaders
Oct 14, 2025 07:35 pm CST
Adani Group Chairman Gautam Adani announces impressive 16.5% return on assets for 2024-25, placing the conglomerate among top global infrastructure performers. With a conservative debt profile and robust cash flows, the Group plans to self-fund much of its $100 billion five-year expansion while targeting 20% of India's $500 billion electricity market opportunity by 2032.
Google Launches Largest AI Hub Outside US in Visakhapatnam with $15 Billion Investment in India
Oct 14, 2025 05:04 pm CST
Google has partnered with the Adani Group to establish a gigawatt-scale data center and AI hub in Visakhapatnam, marking its largest investment in India. CEO Sundar Pichai announced a $15 billion commitment over five years, aligning with PM Modi's Viksit Bharat 2047 vision. The landmark project aims to accelerate AI innovation across India while creating substantial economic opportunities in the rapidly growing digital economy.
Google to Invest $15 Billion in India's Largest AI Hub: Partnership with Adani Group in Visakhapatnam
Oct 14, 2025 04:51 pm CST
Google announces a $15 billion investment over five years to build India's largest AI hub in Visakhapatnam, Andhra Pradesh, in partnership with Adani Group. The project includes a 1-gigawatt data center campus and will be Google's largest AI facility outside the US, aiming to accelerate AI innovation and digital growth across India while generating significant economic benefits.
