The Supreme Court-appointed expert committee in the Adani-Hindenburg case advocates for Adani’s exoneration and finds no regulatory failure by SEBI. The SC-appointed committee’s report itself exposes the limitations it faced.
Soon after it was elected to power in December 2019, a minister in the new government of the Indian state of Jharkhand said Adani’s massive coal-power project at Godda should be reconsidered. Construction was at an early stage and there had been a powerful grassroots campaign against the project. Media reported that the contentious project now stood on ‘less sure ground’. For over two and half years since those comments, however, Adani has forged ahead with construction.
Congress figurehead, Rahul Gandhi, has said tribal protests against Adani’s coal mines in the Hasdeo forests are ‘justified’. Results of his work behind the scenes on the ‘problem’ should be ‘visible in a couple of weeks.’
In a letter to Communications Minister Ravi Shankar Prasad, Congress MP Kumar Ketkar has claimed that the government is displaying ‘inexplicable tardiness’ in collecting its dues payable by Reliance Industries Limited, the ‘true licensee’ of the telecom spectrum that is used by its ‘front’ company Infotel, which later became its subsidiary, Jio.
Why the 80:20 Gold Import Scheme is a ₹ 2.65 lakh crore (or $35 billion) scandal. The 80:20 gold import-export scheme that began in July 2013 when the UPA government was in power and continued till November 2014, six months into the tenure of the Modi government, has been sharply criticised by the CAG.
