The Adani group’s inconvenient past
With recent revelations pointing to several offshore entities acting in concert with its promoters, the Adani group may have embarked on the task of wiping its slate clean.
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The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
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