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Adani Won Coal Mine in Auction Where Only Bidder Was Firm Linked to the Group: Report

'Scroll.in' reported that the other bidder was Cavill Mining Private Limited, which is also the main promoter of Adicorp Enterprises. Hindenburg Research alleged the latter was used to route funds from various Adani Group firms to Adani Power.

Uttar pradeshNew delhiLok sabhaSudiep shrivastavaUtkarsh shahGautam adaniPratyush sinhaAadarsh utkarsh shahPriyanshu guptaCavill mining privateMh natural resources privateSupreme courtHindenburg researchMinistry of minesAdicorp enterprisesIndian institute of management

Only firm bidding against Adani in recent mine auction linked to it by Hindenburg report

Adicorp got funds from four Adani entities and gave a $6 billion loan to Adani power, which was 98 per cent of what it received.

Aadarsh utkarsh shahGautam adaniUtkarsh shahHindenburg researchAdani groupCavill miningCavill mining utkarsh shahAadarsh utkarsh

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