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Without verification, newspaper reports can’t be relied upon as proof, says Supreme Court

January 3, 2024 Vinayak Barot

New Delhi, 3 January, 2024: The Supreme Court on Wednesday declined to order a probe by a Special Investigation Team (SIT) into allegations levelled against the Adani Group, refusing to take cognizance of the reports published by Hindenburg Research and the Organized Crime and Corruption Reporting Project (OCCRP). A three-judge bench, led by Chief Justice […]

Business

Expert Committee appointed by the Supreme Court, there is no evidence of any breach of the Minimum Public Shareholding requirements or manipulation of stock prices: Adani Group

August 31, 2023 Vinayak Barot

We categorically reject these recycled allegations. These news reports appear to be yet another concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report. In fact, this was anticipated, as was reported by the media last week. Spokesperson, Adani Group said. These claims are based on […]

Business

The 2016 GDR Issue and 2021 MPS Issue are Different, Distinct, and Completely Separate matters

May 17, 2023 Vinayak Barot

SG Tushar Mehta has reiterated in the SC today, that the 2016 GDR matter is totally different, distinct, and completely separate from the 19th July 2021 Reply by FinMin in the Parliament, which pertains to MPS. It has no relation and/or connection to the issues referred to and/or arising out of the Hindenburg Report but […]

English

Supreme Court dismissing Customs Department’s appeal against APML, APRL, MEGPTCL & others in alleged over-valuation of imported goods matter

March 28, 2023 Vinayak Barot

Hon’ble Supreme Court dismissing Customs Department’s appeal against Adani Power Maharashtra Ltd. (APML), Adani Power Rajasthan Ltd. (APRL), Maharashtra Eastern Grid Power Transmission Co. Ltd. (MEGPTCL) & others in alleged over-valuation of imported goods matter. Today, Hon’ble Supreme Court after hearing both sides for considerable time, dismissed the Appeals filed by Customs Department against APML, […]

English

EWS quota provides social justice to the economically marginalised

November 9, 2022 Vinayak Barot

(Dr. Guru Prakash Paswan) In his book Why Socialism? Jayaprakash Narayanwrites: “Socialism is not a code of personal conduct but a system of social reconstruction. When we speak of applying socialism to India, the first thing that strikes us is the strange and painful fact of inequalities — of rank, of culture, of opportunity: a […]