{"id":578336,"date":"2023-05-22T07:48:35","date_gmt":"2023-05-22T02:18:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=578336"},"modified":"2023-05-22T08:54:10","modified_gmt":"2023-05-22T03:24:10","slug":"adani-probe-will-only-produce-heat-not-light","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-probe-will-only-produce-heat-not-light\/","title":{"rendered":"Adani probe will only produce heat, not light"},"content":{"rendered":"<p>Thanks to a 173-page report by a six-member panel appointed by India\u2019s Supreme Court, we now have a fairly good idea of where the country\u2019s probe into the Adani Group is headed: Nowhere. <\/p>\n<p>It has never been too hard to look under the hood of the foreign investors that have propped up the infrastructure behemoth over the years. As many as 12 funds and one overseas financial firm owned a combined stake of between 14 per cent and 20 per cent in five out of the six publicly traded Adani companies in March 2020, according to the Securities and Exchange Board of India\u2019s own submission to the committee. The entities may be opaque, but they have all disclosed their beneficiary owners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to a 173-page report by a six-member panel appointed by India\u2019s Supreme Court, we now have a fairly good idea of where the country\u2019s probe into the Adani Group is headed: Nowhere. It has never been too hard to look under the hood of the foreign investors that have propped up the infrastructure behemoth over the years. As many as 12 funds and one overseas financial firm owned a combined stake of between 14 per cent and 20 per cent in five out of the six publicly traded Adani companies in March 2020, according to the Securities and Exchange [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-578336","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=578336"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578336\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=578336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=578336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=578336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}