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Adani Group says renewed attempts to destabilise conglomerate

by Blitz India Media
October 10, 2023
in News
Team Blitz India

NEW DELHI: The Adani Group flagged what it called ‘renewed\ attempts by the British newspaper Financial Times to rehash old and baseless allegations against the conglomerate. Accusing the newspaper of running a relentless campaign against Gautam Adani-owned group of companies to ‘advance vested interests under the guise of public interest.’

The Adani Group claimed the media house was planning a story ‘on over-invoicing of coal imports’ with the aim of financially destabilising one of India’s largest companies.

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“Having failed earlier, the FT is making another effort to financially destabilise the Adani Group by raking up an old, baseless allegation of over-invoicing of coal imports,”Adani Group said in a media statement.

“There is a renewed attempt by the Financial Times and its collaborators to rehash old and baseless allegations to tarnish the name and standing of the Adani Group. This is part of their extended campaign to advance vested interests under the guise of public interest,” it added.

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