The prime minister spent a nearly 90-minute speech mainly listing his government's achievements and without naming the under-fire Adani Group as opposition lawmakers demanded a probe.
Both companies have said their exposure in Adani Group's firms is small and manageable.
Rahul Gandhi, a leader of the main opposition Congress party, questioned in parliament on Tuesday why the government has not yet initiated an inquiry over the use of tax havens. "He's trying to protect him ," he told reporters following Modi's speech. "This is a matter of national security and India's infrastructure".
Gandhi has also said the government handed over management of some airports in India to the Adani Group even though it did not have any experience in the sector.Reporting by Shivam Patel in New Delhi; Editing by Andrew Cawthorne
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Adani vs Hindenburg: India market crisis is a political issue for ModiIndia's stock market crisis isn't just the Adani Group's problem - it's a political issue for Prime Minister Modi too
Les mer »
India PM Modi blasts ‘lies and abuse’ by critics over his ties to Gautam AdaniPrime Minister Narendra Modi said on Wednesday that Indians will not swallow “lies and abuse” against him, as opposition critics accuse his government of giving undue favors to a busine…
Les mer »
Adani Hindenburg: Adani Group selloff eclipses Enron, WirecardThe massive selloff in Adani shares eclipses those of other short-seller targets like Enron and Wirecard
Les mer »
India's Adani crisis spills over into street protests as losses top $110 blnThe crisis engulfing the Adani Group intensified on Monday as hundreds of members of India's opposition parties took to the streets to press for a probe into allegations by a U.S. short-seller against the conglomerate which triggered its market rout.
Les mer »
Analysis: Despite stupendous win on Adani, India short-selling boom unlikelyHindenburg Research's spectacular short bet against India's Adani group could lead other investors to consider using similar strategies in the South Asian nation but regulatory hurdles and shareholding constraints will make them tough to implement.
Les mer »
Adani Group’s troubles spur protests in India as stock turmoil turns politicalDemonstrators from the opposition Congress party demanded an investigation into allegations of fraud and stock price manipulation by India’s second-biggest business group.
Les mer »