Since October last year, Scroll has been (intermittently) reporting on how India’s insolvency proceedings are coming along. Cumulatively, these reports flag a couple of peculiar patterns. A lot of companies are up for sale — In a country with 7500 companies with a topline over Rs 250 crore, 2511 companies are slated for insolvency proceedings. […]
Tag Archives: Gautam Adani
in which i write about the environment ministry’s decision to do away with the Rs 200 crore fine on the adani group’s port and sez complex at mundra. this is a process of forgetting, i say. do read.
The mood in the Odisha port town of Paradip is turning grey. Ever since the Adani group bought the neighbouring port of Dhamra last May, people and companies dependent on the port are worried Paradip is being weakened to favour Dhamra. “I handle 70% of the cargo at Paradip. I have 1,000 employees,” said a […]
Monday’s order by the Gujarat High Court directing 12 units in the Mundra SEZ of the Adani Group to temporarily stop operations till the SEZ receives an environmental clearance is yet another indictment of the environment and forest ministry. The order, besides hauling up the Adani Group for allotting land to companies even before obtaining […]
Adani Ports and SEZ has challenged the environment ministry’s decision to impose penalties on it for environmental violations, setting the stage for a faceoff between the government and the company, possibly even a legal battle. In a letter to the ministry dated October 14, a copy of which has been viewed by ET, APSEZ has […]
there is an update on the adani-moef-sunita narain saga. the ministry’s showcause notice is finally up online. all the questions raised in the previous story remain unanswered. see the story here.
By slapping a Rs 200-crore penalty on the Adani Group for environmental violations, the ministry of environment and forests may be breaking its own laws, say environmental lawyers. According to Delhi-based environmental lawyer Ritwick Dutta, the two laws that define the penal framework for such violations — the Environment Protection Act (EPA) and the Environment […]
today’s economic times carries my story on the rise of infrastructure tycoon gautam adani. here. also see this story.
