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Adani

All articles tagged with #adani

business2 years ago

The Adani Family's Secret Investments and Jeet Adani's Lifestyle Unveiled

A secret paper trail has revealed hidden investors in Adani, an Indian conglomerate involved in controversial coal projects. The documents, obtained by The Guardian, show that the company has been funded by a network of offshore companies, raising concerns about transparency and disclosure. The revelations come as Adani faces increasing scrutiny over its environmental impact and alleged human rights abuses.

business2 years ago

Controversy Surrounds Adani's Mumbai Slum Redevelopment Project

Indian billionaire Gautam Adani's plan to redevelop the Dharavi slum in Mumbai, one of Asia's largest slums, is facing doubts and allegations of favoritism. Adani's $614 million contract bid to overhaul the slum has raised concerns among residents due to his recent financial setbacks and allegations of favorable treatment by Prime Minister Narendra Modi's allies. A legal challenge from rival bidder SecLink Technologies Corporation adds another twist to Adani's plans. The redevelopment project aims to provide new homes for a million people, but some residents fear they may be displaced or face higher costs. Adani denies the allegations and argues that the case should be dismissed.

business2 years ago

Controversy Surrounds Adani's Mumbai Slum Redevelopment Project

Indian billionaire Gautam Adani's plan to redevelop Mumbai's Dharavi slum, home to a million people, is raising doubts among residents due to his recent financial setbacks and allegations of favoritism from Prime Minister Narendra Modi's allies. Adani's $614 million contract bid to overhaul the slum was approved by the Maharashtra state government, but concerns arise over the eligibility of residents for free homes within the redevelopment and the potential relocation of others. A legal challenge from a rival bidder further threatens Adani's plans. The opposition Congress party has accused the government of giving Adani an advantage, while Adani denies any impropriety.

weathernatural-disasters2 years ago

Gujarat Floods: Ahmedabad Airport Submerged, Passengers Brave Knee-Deep Water

A Twitter user shared a video of a waterlogged Ahmedabad airport, managed by Adani, due to heavy rains in Gujarat causing floods and chaos. Passengers were stranded, flight operations were affected, and concerns were raised about the airport's drainage system. Efforts were made to restore normalcy, while rescue teams were deployed to assist those affected by the floods across Gujarat.