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.
Non-profit Organised Crime and Corruption Reporting Project says its investigation found 2 cases where investors bought & sold Adani stock via offshore structures.
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'.
Shares of Adani Group companies are still down around $100 billion after the short-seller's report alleged improper use of tax havens and concerns over its debt levels.
The report comes after two other Adani group companies - Adani Transmission and Adani Enterprise - revealed plans to raise up to $2.57 billion from the market.
UN Conference on Trade and Development report also found that Indian companies were increasingly investing in new projects abroad, with such outward investment tripling in 2022.
GQG Partners has been ramping up its investment in Adani firm ever since short-seller's critical report in January sparked stock rout, wiping out $147 bn from its market value.
The capital will be used to finance two data centers in the cities of Chennai and Noida, with an aggregate capacity of 67 megawatts (MW), the company said in a statement.
According to 'Burgundy Private Hurun India 500-Special Report’, Adani Group saw its market value nosedive by Rs 10.25 lakh crore. Tata topped the list of most valued industrial groups.
In his bilateral talks with Ayub Khan, Lal Bahadur Shastri said while India had never accepted the two-nation theory, some elements in Pakistan were bent on making it a ‘two-hostile nation' construct.
Coal-based power generation fell 3% in 2025 while renewable capacity surged to 40% of India’s installed power mix, according to India Power Sector Review 2025 by CREA.
Pakistan military said it has assured Bangladesh of fast-tracked delivery of Super Mushshak trainer aircraft during high level defence meet held Tuesday.
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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