{"id":617841,"date":"2023-11-17T10:05:29","date_gmt":"2023-11-17T04:35:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=617841"},"modified":"2023-11-17T11:12:02","modified_gmt":"2023-11-17T05:42:02","slug":"dri-seeks-to-restart-adani-coal-imports-probe-on-alleged-overvaluation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/dri-seeks-to-restart-adani-coal-imports-probe-on-alleged-overvaluation\/","title":{"rendered":"DRI seeks to restart Adani coal imports probe on alleged overvaluation"},"content":{"rendered":"<p>Indian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a step they say the company thwarted for years, legal documents show. <\/p>\n<p>The Directorate of Revenue Intelligence since 2016 has been trying to procure transaction documents related to Adani&#8217;s dealings from Singapore authorities. The agency suspects many of the group&#8217;s coal shipments imported from Indonesian suppliers were first billed at higher prices on paper to its Singapore unit, Adani Global Pte, and then to its Indian arms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a step they say the company thwarted for years, legal documents show. The Directorate of Revenue Intelligence since 2016 has been trying to procure transaction documents related to Adani&#8217;s dealings from Singapore authorities. The agency suspects many of the group&#8217;s coal shipments imported from Indonesian suppliers were first billed at higher prices on paper to its Singapore unit, Adani Global Pte, and then to its Indian arms.<\/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":[135,170,130],"tags":[],"class_list":["post-617841","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/617841","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=617841"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/617841\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=617841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=617841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=617841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}