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.
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.
Adani has been supplying power under a 25-year contract signed in 2017 under ousted PM Sheikh Hasina, from a $2 billion power plant in Jharkhand that has two units.
Company paid settlement as 2 of its senior executives were implicated in bribery of officials in the govts of Tamil Nadu and Maharashtra to obtain construction-related permits.
Bills listed for introduction, consideration and passing include Mussalman Wakf (Repeal) Bill, Bharatiya Vayuyan Vidheyak, and the Disaster Management (Amendment) Bill, among others.
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.
If the question is whether Indian authorities can launch their own investigations based on the findings of a foreign government, the answer is that there is precedent.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Much needed article.
India needs to play its card rightly. Otherwise we will be in trap.
As writer mentioned we need to keep our business check in india not by third parties like USA
Does the columnist believe we have been babes in the woods all along. If anything, we should raise standards of compliance with global norms across the board, be mindful of international media coverage. There IS a rules based business environment in OECD countries that Indian corporates should be encouraged to comply with.
Wow.. How well its written, I could discern if it’sattire or for real
Swarajya is the right platform for such articles. Why is ‘The Print’ publishing such articles?
Puppet of foreign countries trying to make narrative and malign India. Shameful.
What a fall for an once acclaimed journo
Much needed article.
India needs to play its card rightly. Otherwise we will be in trap.
As writer mentioned we need to keep our business check in india not by third parties like USA
So for power, karma can go down the drain?
Does the columnist believe we have been babes in the woods all along. If anything, we should raise standards of compliance with global norms across the board, be mindful of international media coverage. There IS a rules based business environment in OECD countries that Indian corporates should be encouraged to comply with.
Excellent article Mr jagannath is alway insightful and practical