Lance Gooden of the Republican Party wrote to the Attorney General that the pursuit against its top industrialists could start a harmful narrative against the growth of India, a key ally.
Singapore's Wilmar will acquire Adani's 31% stake; proceeds from sale will be used to boost the Indian conglomerates growth in core infrastructure platforms.
MD of Adani Ports Karan Adani said Rajasthan was also critical for the group’s ambition to become a cement giant; it will set up 4 plants to build additional capacity.
SEBI had sent notices to four Adani Group companies, alleging they had wrongfully categorised the shareholding of certain entities and seeking to recover about Rs 25 billion from them.
US indictments landed a blow on Adani Group, with international deals being reviewed and ratings agencies changing outlook. But recent efforts have helped it claw back market cap.
Global media, however, acknowledges that India does indeed face a Chinese threat. It also notes that controversy surrounding Adani Group creates problems for India’s own domestic growth.
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.
Adanis not named in allegation of conspiracy to violate US Foreign Corrupt Practices Act, have been named in 'two or three counts relating to securities and bonds', says Rohatgi.
In 1980, South American countries exhibited similar income levels, with Venezuela ranking among the more affluent economies. By 2023, this landscape had significantly altered.
Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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