Here is a curated selection of top headlines, recommended stories, and a special compilation of news items worth your attention:
- An investigation by the Organised Crime and Corruption Reporting Project (OCCRP) reveals that millions of dollars were channeled into publicly traded stocks of India’s Adani Group through “opaque” Mauritius funds. These funds concealed the involvement of alleged Adani family business partners, potentially raising concerns about insider ownership limits. This investigation follows previous accusations of improper business practices by the Adani Group using offshore entities.
- Mumbai hosts a two-day gathering of 63 opposition party leaders, coming together as part of the newly formed Indian National Developmental Inclusive Alliance (INDIA). This alliance aims to discuss substantive leadership, political strategy, and potentially unveil a common logo. However, disagreements on working panels, including an 11-member coordination committee, could create divisions. The meeting seeks to enhance unity among the parties as they plan campaigns on issues like unemployment and federalism, while also addressing concerns about electronic voting machines and potential EVM manipulation. Social media collaboration and demonstrating alliance unity are also on the agenda.
These headlines and stories provide valuable insights into recent developments in India’s business and political landscape.
