Delhi high court takes up lawsuit into Adani Group fraud allegations

Indian government ordered to respond to claims energy firms conspired to siphon money from state and defraud consumersDelhi's high court has taken up a lawsuit calling for an investigation into allegations that Adani Group and other energy companies engaged in fraud that raised power prices for Indian consumers.The court has ordered the Indian government and Directorate of Revenue Intelligence (DRI) to respond before 7 February to the lawsuit, which claims that several mining groups inflated coal and equipment prices to siphon money from India. Continue reading...