this post was submitted on 02 Sep 2023
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As the Adani Saga Gets Murkier, India’s Parliament Must Step In (www.bloomberg.com)
submitted 2 years ago by xuxebiko@kbin.social to c/india@kbin.social
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A new report, based on a secret paper trail, documents a decade of regulatory inaction against alleged corporate governance lapses at the infrastructure behemoth.

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[–] xuxebiko@kbin.social 1 points 2 years ago

India's conomic mismanagement and communal riots have already chased off investors. The evidences of our weak regulatory bodies (deliberately made weak by the govt.) to enable capture by powerful business interests will make them lose all faith in India, unless Parliament steps up.