A two-year investigation by Hindenbug Research found evidence that Indian conglomerate Adani Group had engaged in a brazen stock manipulation and accounting fraud scheme over decades. Binoy Kampmark reports.
Gautam Adani
The Modi government is keen to fashion the Adani Group as a spear of influence, however its renewables story cannot hide the fact that its core business remains thermal coal mining, gas distribution and transportation, argues Binoy Kampmark.