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Friday, March 29, 2024
TopicAdani Group

Topic: Adani Group

Adani Group overpaid for coal imports, then charged Indians extra for power, claims FT report

Financial Times report says Adani Group paid extra for coal imports to benefit companies linked to its owners. Adani Group preemptively denied all allegations days before report was made public.

Adani Group forms joint venture to redevelop Mumbai’s Dharavi slum

Adani group won Dharavi rebuilding project in July by bidding $610 million for the project. Redevelopment of Dharavi, where 1 million people live, has been delayed for decades.

TotalEnergies may invest $700 mn in Adani Green’s renewable energy projects, reports Bloomberg

TotalEnergies CEO Pouyanne said last year that the stake in Adani Green was bought for $2 billion, a value he estimated to have risen to $10 billion in late 2022.

Sonia writes to PM, seeks time to discuss 9 issues in special session, including Manipur & Adani

Sonia Gandhi’s letter comes a day after Congress parliamentary party and floor leaders of INDIA parties met in Delhi to discuss 18-22 September special session.

Rahul Gandhi renews demand for parliamentary panel probe against Adani — ‘something clearly wrong’

Rahul’s fresh attack on Adani Group followed a report by Organised Crime and Corruption Reporting Project. His demand for a JPC probe had earlier been dismissed by ally NCP.

‘Mysterious investors’ linked to promoter family — OCCRP report says Adani Group breached SEBI rules

OCCRP report names 2 foreign businessmen, which it says have 'widely reported' ties with Adani family and 'invested in publicly traded Adani stock through opaque investment funds'.

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.

Residents unsure of Adani’s bid to redevelop Dharavi slum amid financial setbacks

Termed as Asia's largest slum, Dharavi is three-quarters the size of New York's Central Park, featured in Danny Boyle's Oscar-winning 2008 movie 'Slumdog Millionaire'.

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.