The Latest Breaking News from Adani

In a letter to the Lok Sabha speaker, Trinamool Congress leader Mahua Moitra on Thursday said that NDTV’s coverage of the parliamentary ethics panel’s recommendation to expel her was a “total breakdown of all due process and rules of the Lok Sabha”.

Days after TMC leader Mahua Moitra and opposition MPs stormed out of the meeting of the Parliamentary ethics committee, the panel is said to have recommended her expulsion from the Lok Sabha. The panel is probing the cash-for-query allegations against her, and Mahua had slammed the panel chairperson’s line of…

Citing UK-based newspaper, Financial Times which claimed that the Adani Group was purchasing coal above its market value from Asian countries, Congress leader Rahul Gandhi on Wednesday alleged that it is due to this reason for prices of electricity in country are getting inflated.

Rahul Gandhi press brieing from AICC headquarters in New Delhi

Adani Group accused of importing coal at inflated prices; denies allegations. FT report based on 30 shipments of coal from Indonesia to India over 32 months. Prices declared to custom officers in India far higher than corresponding export declarations. Three middlemen supplied coal to Adani at substantial premium to market…

Both the MPs fought on X over the matter. He warned that Ms. Moitra’s would lose her seat.

The Income Tax department has revoked the tax exemption status of four non-government organisations – Oxfam India, CARE India, Legal Initiative for Forest and Environment, and Environics Trust, Newslaundry learned from sources and top officials linked to these organisations. The tax exemption was reportedly revoked about two weeks ago.

Congress alleges Adani group behind biggest scam in modern India; Jairam Ramesh claims Rs 12,000 crore siphoned out of country; BJP accused of helping Adani acquire assets; Adani denies wrongdoing.

On October 9, the Adani Group warned of an upcoming exposé on its operations by Financial Times – a “renewed attempt” to “rehash old and baseless allegations to tarnish the name and standing of the Adani Group”.