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Friday, January 16, 2026

Tag: due diligence

No Govt Direction to LIC on Adani Investments, Says FM Sitharaman

Finance Minister clarifies LIC's Adani Group investments were independent decisions based on due diligence and regulatory compliance, not government directives.

Sitharaman: Finance Ministry Does Not Advise LIC on Adani Investments

Finance Minister clarifies LIC's Adani investments follow standard procedures, denies ministry direction. Get details on the scale and context of the holdings.

Morgan Stanley Probed Over China Gold Miner IPO Due Diligence

US Congress questions Morgan Stanley's due diligence in $3.7 billion Zijin Gold IPO amid forced labor concerns and parent company's blacklist status.

LIC Denies Washington Post Report on Adani Investment Influence

LIC refutes allegations of external influence on Adani investments, stating documents cited in Washington Post report were never issued or received.

LIC Denies Washington Post Report on Adani Investments as False

LIC rejects Washington Post allegations of external influence on investment decisions, confirms all Adani investments followed due diligence and board approval processes.