Adani-Hindenburg Scandal: SEBI Playing for Time?
The conclusion of SEBI’s investigation and the release of its results to the public may be a crucial turning point in the run-up to the 2024 Lok Sabha elections.
Modi government
Digging Diamonds From Banks The Untold Story of Fugitive Diamantaire Jatin Mehta – I
The fugitive billionaire Jatin Mehta has long evaded the grasp of Indian authorities, despite having been declared a wilful defaulter by a number of Indian banks. Is his connection to the Adani family responsible for the government slow-walking its efforts to repatriate and prosecute him? In 2018, the Congress party had alleged that the Narendra Modi government had turned a blind eye to Jatin Mehta’s alleged misdemeanours, allowing him to leave India and delaying the filing of cases against him.
Modi Govt privatising cash-cow Container Corp to benefit Adani, alleges India’s opposition
India’s opposition Congress party has alleged that India’s Modi government has taken steps to ease the process of privatizing the Container Corporation of India (CCI) in order to expedite a takeover by the Adani Group. The Opposition has warned of a potential Adani monopoly over India’s import-export transport infrastructure.
Adani and the Elephants of the Hasdeo Aranya Forest
In India, a conflict between various state governments and the central Modi government is developing over Modi’s determination to proceed with a controversial auction of 41 coal blocks. In the state of Chhattisgarh, a proposed elephant reserve in the Hasdeo Aranya forest could prove crucial to whether coal mining in these biodiverse forests proceeds. But if the reserve is compromised to enable mining it will worsen human-elephant conflict for the indigenous Adivasis.
How a Change in a Rule by SEBI Helped Reliance Raise Rs 53,000 crore
A number of significant changes in rules and regulations by the Indian government during the COVID-19 lockdown facilitated a rights issue of shares by Reliance Industries Limited.
Will Foreign Companies Now ‘Loot’ India’s Coal?
Allowing 100% FDI in coal mining is raising apprehensions that foreign companies will now ‘plunder’ mineral resources for commercial purposes for sale in the open market.
The Great Indian Gold Heist
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.
Modi Government’s Rs 500-Crore Bonanza to the Adani Group
The government has quietly tweaked rules relating to special economic zones – and the new rules specifically favour the Adani Group. The government recently took a decision to quietly tweak the rules relating to special economic zones (SEZs) which has enabled a company in the Adani Group to reap a bonanza of around Rs 500 crore.