Organized Crime and Corruption Reporting Project

Indian Markets Dismiss Coal Invoicing Allegations Against Adani Group by FT, OCCRP

Adani Group shares recovered by market close on Wednesday, following a news report alleging that the conglomerate had supplied low-grade coal as higher-quality coal to a state-owned power generation company a decade ago. The Adani Group's market capitalization surged past the USD 200 billion mark (Rs 16.9 lakh crore) on...