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New Delhi CNN —Two of the planet’s richest businessmen are becoming embroiled in India’s increasingly divisive election campaign. “Why has Shahzade Ji stopped talking of Ambani and Adani in this election all of sudden? “How much money have you taken from Ambani and Adani?” he said at the rally. Adani took over NDTV, an influential broadcaster, in 2022, while Ambani owns Network 18, which includes the CNN-News18 TV channel, a CNN affiliate. Billionaire RajIn the last decade, both Ambani and Adani have stunned the world with their success and influence.
Persons: Narendra Modi, Modi, Mukesh Ambani, Gautam Adani, Ambani, Ji, ” Modi, Rahul Gandhi, , Gandhi, Modi ” Gandhi, , Abhinandan Sekhri, Adani, Billionaire Raj, Cassanelli, Jeff Bezos, Hindenburg’s, ferociously Organizations: New, New Delhi CNN, Reliance Industries, Adani, Indian National Congress, Reliance, CNN, India’s, Bank of India, NDTV, Billionaire, Bloomberg, Hindenburg Locations: New Delhi, India, Asia, American
The documents were unearthed by the non-profit Organized Crime and Corruption Reporting Project (OCCRP), which counts billionaire George Soros’ Open Society Foundations among its financial backers, and its research was shared with media including The Guardian and the Financial Times. It is also backed by the US State Department, the UK Foreign Office and the Ford Foundation. The Financial Times said people familiar with the structures had claimed “parallel sets of books and a Russian doll of companies and funds” at the investment firm were used to mask the trades. When Hindenburg published its report in late January, it pitched 88 questions to Adani that cast doubt on his conglomerate’s financial health. Speaking to reporters in Mumbai on Thursday, Rahul Gandhi, a prominent lawmaker from India’s main opposition Congress party, urged Modi to investigate the allegations put forward by the Financial Times and The Guardian and criticized his silence on the matter.
Persons: Gautam, “ Soros, George Soros, OCCRP, Narendra Modi, Adani, , OCCRP’s, Drew Sullivan, Hindenburg, , , SEBI, ” Adani, Modi, Rahul Gandhi, ” Gandhi, Michelle Toh, Rhea Mogul Organizations: London CNN, Adani, Guardian, Financial Times, CNN, Soros, US State Department, Foreign Office, Ford Foundation, Indian, Adani Group, Hindenburg Research, Society Foundations, Securities and Exchange Board of India, ” Reuters, India’s Locations: Adani, Bermuda, Russian, Mauritius, India, Mumbai
New Delhi CNN —Police in India are investigating a teacher after a video of her encouraging students to slap their 7-year-old classmate, who is Muslim, sparked widespread outrage in the country. The video of the incident, which took place in the Muzaffarnagar district in northern Uttar Pradesh state, shows the boy fearfully standing in front of his classmates as the teacher calls on students to hit him. Muzaffarnagar’s superintendent of police, Satyanarayan Prajapat, on Friday said the teacher told students to hit the boy “for not remembering his times tables.”The teacher also referenced the boy’s religion, according to Prajapat. District officials have also ordered the school to shut, according to CNN affiliate CNN News-18. Uttar Pradesh, where the incident took place, is India’s largest state of about 200 million.
Persons: wails, Satyanarayan, , Bharatiya Janata Party’s, Rahul Gandhi, ” Gandhi, Narendra Modi, old’s, , I’d, Deepankar Basu, Yogi Adityanath Organizations: New, New Delhi CNN — Police, Mohammedan, Police, CNN, Bharatiya Janata, Twitter, BJP, Free, Compulsory, CNN News Locations: New Delhi, India, Muzaffarnagar, Uttar Pradesh, United States
NEW DELHI, March 25 (Reuters) - Indian opposition leader Rahul Gandhi said on Saturday he had been disqualified from parliament because he has been asking the prime minister tough questions about his relationship with Gautam Adani, founder of the embattled Adani conglomerate. Gandhi, who represented India’s main opposition Congress party in parliament, lost his seat on Friday, a day after a court in the western state of Gujarat convicted him in a defamation case and sentenced him to two years in jail. The defamation case was filed in connection with comments Gandhi made in a speech that many deemed insulting to Prime Minister Narendra Modi. India's next general election is due by mid-2024 and Gandhi has recently been trying to revive the fortunes of his party. Modi’s enormous popularity remains intact despite the accusations of undue favours to the Adani group, approval ratings have shown.
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