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Adani deal under bribery scrutiny was approved against officials' advice

^{Published on 2024-12-17 03:01:14 - Business Standard}
 

• Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the state had no short-term need for solar power

The article from Business Standard discusses a controversial deal involving the Adani Group, which has come under scrutiny for potential bribery. The deal in question was approved despite explicit advice against it from government officials. This has raised concerns about the integrity of the approval process and the influence of corporate lobbying in governmental decisions. The scrutiny comes at a time when the Adani Group is already facing multiple allegations and investigations, further complicating its business operations and reputation. The article highlights the tension between corporate interests and regulatory oversight, questioning the transparency and ethical considerations in high-stake business transactions.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/companies/news/adani-deal-under-bribery-scrutiny-was-approved-against-officials-advice-124121700390_1.html ]

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