Sharing details of LIC’s debt exposure to Adani Group companies, Sitharaman said the state-run insurer has debt exposure of ₹5,388.60 in Adani Ports and SEZ as of 5 March.
Adani Power Amalgamates Six Subsidiary Companies outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Shares of Adani Power rose over 8 per cent today after the Adani Group firm said its board has approved an amalgamation scheme for the merger of its six wholly owned subsidiaries with itself. Adani Power stock touched an intraday high of Rs 134.35, rising 8.57 percent against the previous close of Rs 123.75 on BSE. The share has gained after two days of consecutive fall.