Undeterred by its 2% market share and a looming $1.4 billion tax verdict, the German carmaker wants to be seen as committed to India. But, can it afford to stay the course?
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Surprised by the stiff resistance to its attempts to wrest control of the trust that owns the prime plot of land in upscale Breach Candy, the conglomerate seems reconciled to licking its wounds.
A terminated contract from its past could end up keeping Adani out of the government’s lucrative port privatization drive.
The global chip shortage that began with COVID-19 will likely continue in 2022 and maybe even further.