WEBJul 25, 2022 · Billionaire Gautam Adani's conglomerate is benefiting from India's rush to import coal to ease a supply crunch, winning a huge majority of import orders from state power giant NTPC Ltd.
WhatsApp: +86 18203695377
WEBJan 8, 2020 · The DRI is probing at least 40 companies for alleged overvaluation of coal imports from Indonesia, to the tune of Rs 29,000 crore. DRI said that if the HC judgment is not stayed, grave prejudice ...
WhatsApp: +86 18203695377
WEBApr 3, 2022 · Adani, India's largest coal trader, offered to supply last month 500,000 tonnes of South African coal at 40,000 rupees () per tonne and another 750,000 tonnes at 17,480 rupees () in ...
WhatsApp: +86 18203695377
WEBNov 18, 2023 · On October 17, 2019, the high court had quashed all the letters rogatory (LRs) sent by the DRI to Singapore and other countries in its ongoing investigation against the Adani Group firms for ...
WhatsApp: +86 18203695377
WEBSep 19, 2018 · The DRI is probing at least 40 companies including two companies of the Anil Dhirubhai Ambani Group (ADAG), two Essar Group firms and a few public sector power firms for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 and 2015. In March 2016, DRI issued a general alert to its field .
WhatsApp: +86 18203695377
WEBFeb 10, 2023 · Earlier, in November, the agency had filed a similar appeal in connection with the relief granted to two other Adani group subsidiaries, Adani Power Maharashtra Ltd (APML) and Adani Power Rajasthan Ltd (APRL) in a similar case. ... On February 3, replying to ET's queries on the DRI's appealsfiled in November, an Adani group .
WhatsApp: +86 18203695377
WEBOct 12, 2023 · FT says that Adani has been using offshore intermediaries in Taiwan, Dubai and Singapore to import 5 billion worth of coal at prices that were "at times more than double" the market price. A Taiwanese entrepreneur, recently identified by the Financial Times as a significant concealed stakeholder in Adani firms, owns one of these .
WhatsApp: +86 18203695377
WEBNov 17, 2023 · The Indian government is seeking to reopen an investigation into Adani Group's coal imports from Indonesia, focusing on alleged overinvoicing. The Directorate of Revenue Intelligence (DRI) has ...
WhatsApp: +86 18203695377
WEBOct 13, 2023 · The Adani group has been rocked by another damning report that claims it imported billions of dollars of coal at prices well above market prices, igniting suspicion that the country's largest private importer of coal has been inflating fuel costs and forcing consumers and businesses to overpay for electricity.
WhatsApp: +86 18203695377
WEBIndian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a ...
WhatsApp: +86 18203695377
WEBJan 9, 2020 · The Supreme Court revived on Wednesday, 9 January, the probe against a Adani group firm in a case of alleged overvaluation of Indonesian coal imports by staying the Bombay High Court's decision ...
WhatsApp: +86 18203695377
WEBLast month, the DRI sought permission from the Supreme Court to resume a probe into the Adani Group for alleged overvaluation of coal imports and requested approval to collect evidence from Singapore.
WhatsApp: +86 18203695377
WEBOct 18, 2019 · According to the DRI, petitioners were involved in the overvaluation of coal of Indonesian origin and it is alleged that during the period from October 2010 to March 2016, Adani Group of Companies ...
WhatsApp: +86 18203695377
WEBOct 18, 2023 · India's main opposition party has called for an investigation of the country's Adani Group over allegations reported by the Financial Times that the conglomerate appeared to have inflated the ...
WhatsApp: +86 18203695377
WEBMar 13, 2023 · In January 2020, the Supreme Court paved the way for DRI to investigate allegations of overvaluation of coal imports from Indonesia by the Adani group. The apex court through the January 9, 2020, order stayed an October 17, 2019 judgment of the Bombay High Court which granted relief to Adani group by quashing LRs sent to various .
WhatsApp: +86 18203695377
WEBIndian import data since July 2021 indies Adani paid a total of to the three companies for coal sourced at substantial premiums to market prices. The FT identified 2,000 shipments totalling 73mn tonnes of coal declared as Indian imports by Adani companies between September 2021 and July 2023 in the Export Genius database.
WhatsApp: +86 18203695377
WEBNov 16, 2019 · The DRI has alleged that several entities, including the Adani group, through a maze of companies in different sovereign jurisdictions, have overvalued coal imports as compared to actual export ...
WhatsApp: +86 18203695377
WEBThe Bombay HC had quashed all global information requests the DRI had sent to foreign countries pertaining to alleged overvaluation of coal imports by two Adani firms.
WhatsApp: +86 18203695377
WEBJan 10, 2024 · A bench of Justices Suresh Kumar Kait and Neena Bansal Krishna, while noting in its January 5 order that a petition filed by the Commissioner of Customs (Import) in a matter involving Adani Power Maharashtra Limited is pending before the Supreme Court, said its December 19, 2023 directions to the CBI and DRI in respect of Adani .
WhatsApp: +86 18203695377
WEBDec 19, 2023 · The Delhi High Court on Tuesday ordered the Directorate of Revenue Intelligence (DRI) and the Central Bureau of Investigation (CBI) to "meticulously and expeditiously" look into the allegations of overinvoicing by power companies belonging to the Adani Group, Essar Group and others [Centre for Public Interest Litigation and Anr v .
WhatsApp: +86 18203695377
WEBFeb 20, 2019 · The Directorate of Revenue Intelligence (DRI) has moved the Supreme Court to challenge the Bombay High Court (HC) order that restrained the agency from seeking foreign counterparts' assistance in its probe against a few firms of the Adani group for alleged overvaluation of Indonesian coal imports.
WhatsApp: +86 18203695377
WEBOct 13, 2023 · Indian import data since July 2021 indies that Adani paid a total of billion to these companies for coal sourced at substantial premiums to market prices. The details regarding these ...
WhatsApp: +86 18203695377
WEBJan 8, 2020 · The HC made it clear that it had not gone into the merits of the LRs. The SC issued a notice to AEL and gave it two weeks' time to reply to the appeal filed by the DRI. The DRI had, in March 2016, initiated probe into the matter pertaining to alleged overvaluation of coal imports between 2011 and 2015.
WhatsApp: +86 18203695377
WEBIn early February 2023, the Directorate of Revenue Intelligence (DRI) of the Ministry of Finance moved the Supreme Court against an Appellate Tribunal's order quashing DRI's case alleging overinvoicing of coal supplies procured by three Adani Group companies. The DRI's case, reported in September 2021 by AdaniWatch, alleged that the ...
WhatsApp: +86 18203695377
WEBAdani Firms' Coal imports: DRI to move Supreme Court against High Court Order. Adani Firms' Coal imports: DRI to move Supreme Court against High Court Order. Tuesday, 05, Mar, 2024 . SC to Examine: Whether Twin Condition for Bail under PMLA will apply to an accused summoned after Special Court cognizance?
WhatsApp: +86 18203695377
A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
Copyright © 2023 GMC Co., Ltd. SiteMap
