KC Venugopal stated that LIC has invested Rs 36,474.78 crore within the Adani group, whereas Indian banks have invested round Rs 80,000 crore within the group. They proceed to take action even when allegations of inventory manipulation, accounting fraud, and different wrongdoings come up. The Adani group has suffered a lack of $100 billion for the reason that Hindenburg report got here out.
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