News

Adani Watch, News

Adani’s solar plans endanger livelihoods and wildlife in Rajasthan

/

A recent protest against alleged encroachment on pasture by an Adani solar-power project in the western Indian state of Rajasthan was the latest in a series of conflicts spurred by an aggressive plan for huge arrays of solar panels in this arid zone. The sprawling industrial installations threaten ancestral grazing lands, oases and some of the last habitat of the Great Indian Bustard. Such conflicts could be avoided with proper regulation and community consultation.

Adani Watch, News

Shares of Adani Group crash after freeze by depository

/

The prices of shares of six publicly-listed companies in the Adani Group fell off the cliff on Monday after India’s securities depository froze the trading accounts of three Mauritius-based funds that hold stakes worth close to US $6 billion in these Group firms. At their lowest level, the six stocks fell in value by an estimated 17.7 billion Australian dollars.

Adani Watch, News

‘Test case’ shemozzle means Adani still in the race for bankrupt finance company

/

In a rare instance of not getting its way, the Adani Group failed earlier this year to acquire the assets of the scandal-tainted finance company, DHFL. However, with messy legal disputes potentially de-railing the outcome of the bankruptcy process, there is a chance that a fresh round of bidding may yet take place. This would put Adani back in the race for DHFL’s assets.

News, News Click

Haryana Jhajjar District Collector’s Cheating Inquiry into Tata Realty Project Remains Stalled After 58 Months

/

One of the key issues being agitated by protestors led by farmer unions at the borders of New Delhi concerns a provision in the Central government’s new farm laws that allows disputes over farming contracts to be adjudicated only by the government bureaucracy, with no provision to approach the courts. An example of what a bureaucratic inquiry can look like is provided by the case of the “New Haven” apartment complex in Bahadurgarh, Haryana.

News, News Click

Are Two BJP MPs Trying to ‘Scuttle’ a Sick Company’s Resolution Process?

/

Two BJP MPs have levelled allegations of malpractices against the professional in-charge of the insolvency resolution process of Topworth Steels and Power, an ailing company promoted by Abhay Lodha and Surendra Lodha. Documents with NewsClick suggest that after the resolution professional discovered fraudulent transactions in the company, his dismissal was sought by the two MPs. An exclusive investigation.

Adani Watch, News

Has State Bank of India approved a billion-dollar loan for Adani’s Carmichael mine?

/

Recent media reports suggest that the State Bank of India (SBI) – India’s largest public bank – is ‘all set to offer’ a billion-dollar loan to Adani’s Carmichael coal mine in Australia. These reports come five years after a similar proposal was scuttled. In the absence of official confirmation from the SBI, the community has re-launched protests against the bank.

Start typing and press enter to search

Scroll to Top