US life insurers, not LIC, fuel Adani’s $10-billion funding spree
Published on: Oct. 26, 2025, 12:44 p.m. | Source: The Economic Times
Global insurers are now key financiers for Adani Group companies. This comes as India's LIC faces scrutiny over its investments. Athene Insurance led a significant debt investment in Mumbai International Airport Ltd. Adani Green Energy also secured funding. Adani Group has raised over USD 10 billion in new credit facilities. LIC maintains its investments are independent and diversified.
