![Exclusive: India's LIC says it will talk to Adani over short seller allegation](https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ0T0AU_L.jpg)
© Reuters. Life Insurance Corporation of India (LIC) logo is seen displayed in this illustration taken February 20, 2022. REUTERS/Dado Ruvic/Illustration/Files
By Nikunj Ohri
NEW DELHI (Reuters) – India’s Life Insurance Corporation (LIC) on Monday said it will talk to management of Adani Group within days after U.S. short-seller Hindenburg Research accused the conglomerate of high debt levels and the use of tax havens.
“Presently there is a situation that’s emerging and we are not sure what is the factual position … Since we are a large investor we have the right to ask relevant questions and we will definitely engage with them,” LIC Managing Director Raj Kumar told Reuters.
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