This is the first specific reaction of the Adani Group to the charges detailed in a criminal indictment and a civil complaint by US prosecutors and regulators, although Rohatgi, who acknowledged that he has appeared for the Adani Group in some cases, emphasised that he was expressing his personal views.
The controversy arises amid a criminal indictment filed by the US Department of Justice (DoJ) and a civil complaint by the Securities and Exchange Commission (SEC) in the United States District Court for the Eastern District of New York against the Adani Group chairman and some executives of his vast conglomerate.
The allegation is that the Solar Energy Corporation of India entered into an agreement with the Adani Group to buy solar power at a certain price that it would then sell to the states, but that because it had agreed to buy the power at a high rate, no state was willing to sign a Power Sales Agreement (PSA) with it. Adani, the prosecutors allege, incentivized the states to sign the agreement. The Adani Group has already dismissed the charges as baseless.
Esta historia es de la edición November 28, 2024 de Hindustan Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 28, 2024 de Hindustan Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
In Donald Trump's DC, Quad vows cooperation, with an eye on China
In its first foreign policy engagement, the Donald Trump administration hosted a meeting of Quad foreign ministers where the United States, Japan, India and Australia committed to strengthening \"maritime, economy and technology security in the face of increasing threats\", expressed their goal of a \"free and open Indo-Pacific\", and agreed to \"think bigger, deepen agenda and intensify cooperation\".
Course correction as stars descend on Ranji Trophy
The stars would once take every possible opportunity to go work on their game on the domestic scene but what was once a common practice has now become a rare occurrence.
Rubio To Do Away With Climate, 'Cultural' Issues At U.S. State Dept
New US Secretary of State Marco Rubio said on Wednesday he will rid the State Department of work on climate and \"cultural\" issues, saying President Donald Trump would emphasize the \"basics of diplomacy\".
Navy's Tableau at R-Day to Depict Indigenisation Push
The Indian Navy's tableau at the upcoming Republic Day parade will feature the three recently commissioned combat platforms, two warships and a submarine, putting the spotlight on the navy's fast-paced indigenisation and the country's growing shipbuilding prowess, officials aware of the matter said on Wednesday.
Hurting culture with litigation
Art comes under attack as a Delhi court orders seizure of two MF Husain paintings
Depending on an undependable US
India should deepen strategic and economic ties with Trump's DC, but be aware of its nationalist and revisionist avatar
RSS Workers Set to Join BJP Ministers' Offices
The BJP and its ideological mentor, the Rashtriya Swayamsevak Sangh (RSS), have taken a definitive step towards making sure that government policies and decisions reflect the party's ideology in Maharashtra.
Ministry Now Plans TOPS-like Scheme for Indian Coaches
India is still dependent on foreign coaches to train elite athletes in almost every sport.
Helped address gender biases': PM on Beti Bachao, Beti Padhao scheme
Prime Minister Narendra Modi on Wednesday marked the 10th anniversary of the Beti Bachao Beti Padhao (BBBP) initiative, launched in 2015, in Panipat, Haryana, and said that it has played a role in addressing gender biases and creating an environment that ensures girls have access to education and opportunities.
Engineer Rashid Moves Delhi HC For Bail In Terror Funding Case
Jammu & Kashmir MP Engineer Rashid approached the Delhi high court on Wednesday, seeking directions to the city court to expeditiously decide on his bail application in a terror funding case.
