In a letter to Indian stock exchanges, the group, however, did clarify that its executives, including Gautam Adani, had been named in other charges, including wire & securities fraud.
In a filing with the stock exchanges, the group has cited the news reporting on the alleged bribery & corruption charges against Adani officials as 'incorrect'.
Congress MPs Manickam Tagore, Randeep Singh Surjewala and Manish Tewari moved adjournment notices in this regard before the commencement of today's session.
ThePrint Explorer looks at high-profile corruption cases around the world that preceded the Foreign Corrupt Practices Act in the US, which has stirred up trouble for Adani Group.
In the bizarre world of the Adani scam, it is the opposition parties that are demanding an investigation into allegations against primarily opposition-ruled states.
After visiting Adani Group's Khavda renewable energy facility in Gujarat in July, Garcetti said bilateral partnership was key to green transition in the region and the world.
Charges against Adanis this time are much graver, especially as these come not from any ‘interested’ market operator but a sovereign govt. Any quick damage control is unlikely.
In 2016, CBI filed a case against MoD officials over a deal for 3 aircraft from Embraer and, in 2018, against NHAI officials & engg firm CDM Smith over alleged bribery charges.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
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.
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