Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
We don't even know where LIC's office is: Rajesh Exports chief on LIC losing money on investment
short by Ashley Paul / on Monday, 8 June, 2026
Rajesh Exports Chairman Rajesh Mehta distanced himself from LIC's investment in the gold jewellery exporter, which has been accused of inflating revenues by ₹15.15 lakh crore. "No promoter has ever sold shares to LIC," Mehta said, as questions are being raised over the public sector insurer losing its investment. "We don't even know where LIC's office is," he added.
read more at Moneycontrol