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Saturday, March 28, 2026
TopicAdani group investigation

Topic: Adani group investigation

US lawmaker challenges outgoing Biden Administration’s decision to investigate Adani

Congressman Lance Gooden demanded answers on the selective prosecution of foreign entities & the potential harm such actions pose to US’s global alliances.

Why Lady Justice needs glasses & the ‘C’ in capital gains stands for ‘chai-pani’

The best cartoons of the day, chosen by the editors at ThePrint.

‘Attempt to destabilise India,’ BJP claims US State Dept targeting country with Adani indictment

The BJP has also accused Gandhi, the OCCRP & 92-year-old billionaire financier-philanthropist George Soros of singling out the Adani Group & its closeness to the Modi government.

SECI says power producers like Adani & Azure have option to cut tariffs if nobody’s buying

This is significant since US said SECI was having trouble finding buyers for Adani & Azure solar power due to high rates. The firms then allegedly promised bribes to state govt officials.

US agency that agreed to lend $553 mn for Adani’s Sri Lanka project conducting due diligence—Bloomberg

U.S. International Development Finance Corporation has not reached a final agreement on the loan, an official with the agency said in an email to Bloomberg.

Kenya cancels over $2.5 billion airport, power transmission deals with Adani after US indictment

Under the proposedb airport deal, Adani Group was to add a second runway and upgrade the passenger terminal at the Jomo Kenyatta International Airport, with a 30-year lease in exchange.

New allegations leveled against Adani group, partners over ‘opaque’ investments. Adani rejects claims

Allegations by Organised Crime and Corruption Reporting Project (OCCRP) come on the heels of US-based Hindenburg accusing Adani Group of improper business dealings earlier this year.

‘Opaque’ Mauritius funds used by Adani family’s partners to invest in group’s stocks, says OCCRP

Non-profit Organised Crime and Corruption Reporting Project says its investigation found 2 cases where investors bought & sold Adani stock via offshore structures.

Incorrect or premature conclusion of Adani probe will not serve justice, SEBI tells SC

SEBI, on 29 April 29, had sought 6 months to complete its probe, rather than 2 months. However, the Supreme Court said on Friday it was inclined to give a three-month extension.

On Camera

West Asia conflict bolsters Asim Munir’s grip on Pakistan’s power structure

The few anti-Army civilians in Pakistan, who once saw red with the institution over its treatment of Imran Khan, have now reached a consensus — Asim Munir has made Pakistan a global player.

Drug regulator calls on Indian pharma to move beyond generics, address dependence on bulk imports

Advice comes at a time when India accounts for a 5th of global generic drug supply & 40% of generics used in US. However, this strength in finished formulations relies on imported ingredients.

India greenlights procurement of 5 more S-400 air defence systems from Russia

In FY 2025-26, AoN for 55 proposals amounting to Rs 6.73 lakh cr has been accorded by DAC. Both the quantum of AoN given and capital contracts signed, so far, have been the highest in any FY.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.