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Sunday, July 20, 2025
TopicAdani group investigation

Topic: Adani group investigation

Six US lawmakers write to Attorney General Pam Bondi for inquiry into Adani indictment

In a letter, they have drawn AG's notice to ‘questionable decisions’ made by Department of Justice under Joe Biden while highlighting the case against the Adani Group.

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

Can Syria’s tiny Druze minority survive West Asia’s new storms? There’s little hope

Indians see West Asia as one uninterrupted wash of Islam, but the reality is more complex. For the Druze, support from Israel—where they are a recognised minority—is now critical.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.