The Congress cited a media report which claimed that at least two Mauritius companies which invested in the Adani Group were on the radar of Indian tax authorities for over a decade
The Congress on Tuesday alleged that two offshore Adani-linked funds appear to have been on the radar of Indian tax authorities since at least 2014 with no action evident other than one or two routine notices, as it reiterated that only a JPC can unearth the truth in the whole matter.
The Congress
The current plan to raise funds is part of a group's proposal outlined internally in 2022 to build a three-year equity cushion to support the company's expansion plans.
India's markets watchdog has "drawn a blank" in investigations into suspected violations in overseas investments in the Adani group and pursuing the case could be a "journey without a destination", a court-appointed panel said.
A committee constituted by India's Supreme Court to oversee investigations into the Adani group said India's markets regulator had “drawn a blank” on alleged violations by the group’s overseas entities, according to a report seen by Reuters today..But the expert committee said that there w