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The Latest Breaking News from Adani

Petition alleges ‘conflict of interest’ in SC-appointed panel to investigate Adani Group

A new petition filed in the Supreme Court has alleged “conflict of interest” involving members of the expert committee set up to investigate allegations against the Adani Group.

Newslaundry

'Adani scam' exposed role of tax havens in hiding violation of Indian regulations: Jairam Ramesh

The Congress alleged that the “Adani scam” has exposed the role tax havens play in hiding large-scale violation of Indian laws and said the issue should have been discussed at the recent G20 Summit.

The Hindu

Bravus, formerly Adani, accused of attempting to block traditional owner from sacred site near Carmichael mine

Queensland police investigating complaint from Wangan and Jagalingou man Adrian Burragubba

The Guardian - AU

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Petitioner in SC accuses SEBI of ‘‘concealing” 2014 DRI alert on Adani

Ms. Jaiswal alleges SEBI concealed a 2014 DRI alert about Adani's stock market manipulation. SEBI allegedly failed to act on the alert and instead closed investigations into the Adani group. SEBI told the Supreme Court the investigation only started in 2020.

The Hindu

Amid G20 hype, exposé on Adani, Vedanta and Manipur crisis relegated to shadows

The G20 Summit has taken over the headlines and the news cycle. By the end of the week, the recent exposes on Adani, the opposition alliance’s Mumbai meet, or even the Manipur crisis would have faded from people’s memories.

Newslaundry

Morning Digest | Adhir Ranjan Chowdhury declines to join ‘one nation, one election’ panel; No Question Hour, private members business during September 18-22 special session of Parliament, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

Chhattisgarh: Rahul Gandhi raises tribals' Jal, Jungle Jameen issue; says unlike BJP, Congress works for poor

RAIPUR: "The true meaning of 'tribal' is the original inhabitants of this country, those who originally owned the land, water, and forests of the country and have the first rights over them. However, the Bharatiya Janata Party has coined a new term for tribals - 'Vanvasi,' which implies that tribals…

The Times of India

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Fresh troubles see Adani stocks cap worst month since February

MUMBAI: New allegations over governance issues at India’s Adani Group put the brakes on a recovery in the conglomerate’s market value from carnage in the wake of US-based short-seller Hindenburg Research’s report earlier this year.

The Times of India

TNCC to organise a training programme for booth agents

TN Congress to host training for booth agents on Aug 31. CAG report states corruption worth Rs. 7.5 lakh crore in PM Modi's tenure. Alagiri alleges contracts given to Adani's firms without prior experience. PM Modi & BJP called dishonest by Alagiri.

The Hindu

BJP in Centre has 'vulturous eye' on Chhattisgarh mines: CM Bhupesh Baghel on ED probe

RAIPUR: Chhattisgarh Chief Minister Bhupesh Baghel has launched a scathing attack against the ongoing investigations by the Enforcement Directorate, accusing the BJP-led Centre of having a "vulturous eye" on mines and other mineral resources.

The Times of India

Gujarat power utility made ‘excess payment’ of ₹3,900 crore to Adani: Congress

Gohil accuses Gujarat govt of favouring Adani Group by making excess payment of ₹3,900 crore. Govt denies scam, says payments ongoing & will be adjusted.

The Hindu

Reporters Without Orders Ep 285: Farm laws and corporatisation of agriculture

This week, host Basant Kumar is joined by The Reporters’ Collective journalist Shreegireesh Jalihal.

Newslaundry

SEBI still probing 13 overseas entities’ holdings in Adani group

SEBI's investigation into two aspects raised by Hindenburg Research report against Adani Group is in an "interim" stage. SEBI has completed investigation in 22 of 24 allegations and is seeking information from external agencies for the remaining two. These include 13 overseas entities' compliance with minimum public shareholding requirement and…

The Hindu

PM Modi ‘lied’ on Chinese incursion into India’s land in Ladakh: Rahul Gandhi

Mr. Gandhi extended the Congress’ support to the demands of the Leh Apex Body and the Kargil Democratic Alliance, which are fighting for the status of the Sixth Schedule, a separate Public Service Commission, reservation of jobs for locals and two separate parliamentary constituencies for Leh and Kargil.

The Hindu

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The Hindu

Import duty cuts on essentials harms farmers: unions

SKM (non-political) urges PM Modi to reconsider decision to reduce import duty on essential items. Farmers' leaders allege Centre is supporting corporate control & cartelisation in agriculture trading, impacting farmers & consumers.

The Times of India

Adani ports auditor Deloitte to quit after flagging concerns

MUMBAI: The auditor of billionaire Gautam Adani’s ports business is planning to resign, people familiar with the matter said, a move that may heighten concerns about accounting quality at the Indian conglomerate targeted by short seller Hindenburg Research.

The Hindu

CWPRS delegation to visit Muthalapozhi on August 12

CWPRS to assess Muthalapozhi harbour on Aug 12; Adani to dredge basin, sand bypassing to be done. Admin sanction for data collection & sand bypassing given. CWPRS to submit report in Dec.

The Hindu

Companies that compete with Adani group for ‘prized’ assets face raids from CBI, ED and Income Tax, alleges Congress

“Agencies like the ED and CBI are not only being used to break apart opposition parties,” Mr. Ramesh said.

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The Hindu

TNPCB to hold public hearing on Adani Kattupalli Port expansion on September 5

The Tamil Nadu Pollution Control Board (TNPCB) will hold a public hearing on the expansion of Adani group’s Kattupalli Port in Tiruvallur district on September 5.

The Times of India

Adani group in talks to raise $1.8 billion from India bond sales

MUMBAI: Billionaire Gautam Adani’s conglomerate plans to tap India’s bond market to raise up to 150 billion rupees ($1.8 billion) this financial year as it gears up local-currency debt sales since damaging allegations were made by a short seller earlier this year, according to people familiar with the matter.

The Hindu

CPI(M) holds praja ballot on power tariff in Vijayawada

CPI(M) conducts praja ballot on power tariff hike in Vijayawada; PM Modi & CM Reddy accused of robbing people to benefit Adani & other corporate cos. CPI(M) to spread awareness & mobilise people for future agitations. Praja ballot to be held on July 24 & 25.

The Times of India

Why BJP condemns but also questions timing of Manipur shameful video

NEW DELHI: Condemning on Thursday in the strong words the Manipur horror video showing two Manipur women being paraded naked, the BJP questioned the timing of its release.

Newslaundry

Layoffs, pay cuts: Inside CPR’s ‘financial crisis’ after FCRA funds, tax exemption axed

The Centre for Policy Research has downsized its staff by 75 percent. Its faculty members — including fellows and senior fellows — have taken “massive pay cuts” ranging from 50 percent to full. The think tank had come under the income tax department’s tax scanner and faces a “serious financial…

The Hindu

Supreme Court asks SEBI why law was tweaked to remove provisions prohibiting opacity in FPI ownership

The Supreme Court asked SEBI to explain why the law was tweaked in 2018 to junk crucial provisions prohibiting opacity in the ownership structure of FPIs, leading to investigation into the Adani Group hitting a wall

The New Daily

Coal giant Bravus denies bullying media over Carmichael mine

Bravus has rejected claims it tried to bully a photojournalist with legal threats after a senator accused it of endangering press freedom.

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