Modi Comes Under India Opposition Fire Over Adani Links
- Congress stages protests on Monday at offices of LIC, SBI
- Opposition pressure comes ahead of 2024 general elections
This article is for subscribers only.
India’s parliament was adjourned for a third day as the opposition sought to draw attention to what they describe as the close ties between Prime Minister Narendra Modi and billionaire Gautam Adani ahead of national elections due next year.
Adani’s companies have witnessed a stock rout after US short seller Hindenburg Research accused the conglomerate of widespread fraud and stock market manipulation. The market value of the group has almost halved since Hindenburg’s allegations, which have been repeatedly denied by them.