adani coal import dri bom hc

Adani Probe: SC Stays Bombay HC Order that Stopped DRI's Overseas ...

Adani Probe: SC Stays Bombay HC Order that Stopped DRI's Overseas ...

The Bombay HC had quashed all global information requests the DRI had sent to foreign countries pertaining to alleged overvaluation of coal imports by two Adani firms. Gautam Adani. Photo: Reuters

DRI concludes investigation into Adani Group's power imports ...

DRI concludes investigation into Adani Group's power imports ...

The Finance Ministry on Monday informed Parliament that the Directorate of Revenue Intelligence (DRI) has concluded its investigations into the imports of Power Generation, Power Transmission, and Infrastructure (Port SEZ) equipment by Adani Group companies. The DRI has submitted its report to the relevant judicial authorities, it informed.

Coal imports case: SC to hear in February DRI's appeal against Bombay ...

Coal imports case: SC to hear in February DRI's appeal against Bombay ...

In March 2016, the DRI initiated a probe against a few Adani Group firms for alleged overvaluation of coal imports from Indonesia between 2011 and 2015. The LRs were issued to Singapore, Dubai and Hong Kong, seeking help to access documents lying with overseas branches of three Stateowned banks relating to transactions under the probe.

Adani coal imports case: Bombay HC quashes DRI's letters rogatory

Adani coal imports case: Bombay HC quashes DRI's letters rogatory

Corporate Fraud Adani coal imports case: Bombay HC quashes DRI's requests seeking judicial help from foreign nations The Directorate of Revenue Intelligence is investigating at least 40 ...

Adani coal imports case: Supreme Court to hear DRI's appeal against ...

Adani coal imports case: Supreme Court to hear DRI's appeal against ...

On October 17, 2019, the high court had quashed all the letters rogatory (LRs) sent by the DRI to Singapore and other countries in its ongoing investigation against the Adani Group firms for ...

Adani coal imports: Group trying to obstruct investigation in coal ...

Adani coal imports: Group trying to obstruct investigation in coal ...

Corporate Fraud Adani firm is trying to obstruct investigation in coal imports case, DRI tells Bombay HC The Directorate of Revenue Intelligence said the Adani group was challenging the 'well ...

'Overvaluation' of coal imports: DRI moves Supreme Court against Adani ...

'Overvaluation' of coal imports: DRI moves Supreme Court against Adani ...

The official spokesperson of the Adani Group said, "Since the matter is sub judice, we are refrained from making any statement." The DRI is probing at least 40 companies including two companies of the Anil Dhirubhai Ambani Group (ADAG), two Essar Group firms and a few public sector power firms for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 ...

adani: SC dismisses DRI's petition against three Adani group ...

adani: SC dismisses DRI's petition against three Adani group ...

The Supreme Court (SC) Monday dismissed petition filed by the Directorate of Revenue Intelligence (DRI) challenging orders issued last year by the Customs, Excise Service Tax Appellate Tribunal (CESTAT), quashing cases pertaining to overinvoicing allegations levelled by the DRI against three Adani group subsidiaries. Between November 2022 and January 2023, the federal agency had moved the ...

Adani Letters Rogatory Judgment: Why Finance Ministry Must Appeal

Adani Letters Rogatory Judgment: Why Finance Ministry Must Appeal

Also read: Coal Import Scam: Adani Company Is Trying to Impede Investigation, DRI Tells Bombay HC. As its investigations proceeded, the DRI realised it would need further documentation from the foreign branches of Indian banks, namely, ICICI Bank, Axis Bank, Bank of Baroda (BoB) and, most importantly, the State Bank of India (SBI) through which ...

ADANI'S BIG COAL PROBLEM Stop Adani

ADANI'S BIG COAL PROBLEM Stop Adani

Adani is digging the biggest coal mine in Australian history. Adani's Carmichael coal mine has approval to extract up to 60 million tonnes of coal a year for 90 years creating billion tonnes of carbon pollution. Adani's coal is shipped through the Great Barrier Reef via Adani's NQXT coal port and burned in Adani's Indian coal plants.

DRI ADANI PROBE The Economic Times

DRI ADANI PROBE The Economic Times

Coal imports case: SC to hear in February DRI's appeal against Bombay HC order quashing LRs On October 17, 2019, the high court had quashed all the letters rogatory (LRs) sent by the DRI to Singapore and other countries in its ongoing investigation against the Adani Group firms for alleged overvaluation of Indonesian coal imports.

Apakah Ada Tempat Terburuk untuk Berlindung dari Bom Nuklir?

Apakah Ada Tempat Terburuk untuk Berlindung dari Bom Nuklir?

Sebuah studi baru memiliki beberapa saran praktisnya yang menetapkan tempat terbaik dan terburuk untuk berlindung dari bom nuklir. Dikutip dari IFL Science, Rabu (18/1/2023) berlindung dari bom nuklir tak mungkin dilakukan jika Anda berada dalam zona kerusakan parah karena apa pun yang terlalu dekat akan menguap begitu saja.

Coal import case: DRI moves SC against relief order to Adani group

Coal import case: DRI moves SC against relief order to Adani group

The Directorate of Revenue Intelligence (DRI) has moved the Supreme Court to challenge the Bombay High Court (HC) order that restrained the agency from seeking foreign counterparts' assistance in its probe against a few firms of the Adani group for alleged overvaluation of Indonesian coal imports. The DRI had issued 14 letters rogatory (LRs ...

ADANI COAL The Economic Times

ADANI COAL The Economic Times

Having failed earlier, a foreign publication is "making another effort to financially destabilise the Adani Group by raking up an old, baseless allegation of overinvoicing of coal imports," Adani Group said in a statement. It said the proposed story by the publication is based on the DRI's General Alert Circular dated March 30, 2016.

Adani coal imports case in Supreme Court: DRI reiterates stand to ...

Adani coal imports case in Supreme Court: DRI reiterates stand to ...

The DRI is probing at least 40 companies for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 and 2015. The list includes six Adani companies including Adani Enterprise and Adani Power. The Adani Group has denied any wrongdoing.

In Setback to Adani Group Probe, Bombay HC Restrains DRI from Acting on ...

In Setback to Adani Group Probe, Bombay HC Restrains DRI from Acting on ...

In Setback to Adani Group Probe, Bombay HC Restrains DRI from Acting on Letters Rogatory. ... The CBI also only filed a PE against NTPC in the coal import scam that happened during 2008 to 2010 ...

Exclusive | DRI's 29,000 cr coal case: Bombay HC rules in favour of ...

Exclusive | DRI's 29,000 cr coal case: Bombay HC rules in favour of ...

The high court order assumes significance as apart from the Adani Group, the DRI is probing at least 40 companies including two companies of the Anil Dhirubhai Ambani Group (ADAG), two Essar Group firms and a few public sector power firms for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 and 2015.

Adani firm trying to impede our probe, DRI tells Bombay HC

Adani firm trying to impede our probe, DRI tells Bombay HC

The DRI probe against Adani and other companies commenced after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged the money was being "siphoned" outside the country and the electricitygenerating firms were availing ...

Big setback for DRI in Adani probe, HC scraps its global info requests

Big setback for DRI in Adani probe, HC scraps its global info requests

Email, phone calls and text message to the official spokesperson of Adani Group remained unanswered. The HC order assumes significance as apart from the Adani Group, the DRI is probing at least 40 companies including two companies of the Anil Dhirubhai Ambani Group (ADAG), two Essar Group firms and a few public sector power firms for alleged overvaluation of coal imports from Indonesia pegged ...

Adani Coal Import: SC Stays Bombay HC Order, DRI to Restart Probe

Adani Coal Import: SC Stays Bombay HC Order, DRI to Restart Probe

The Supreme Court revived on Wednesday, 9 January, the probe against a Adani group firm in a case of alleged overvaluation of Indonesian coal imports by staying the Bombay High Court's decision ...

The mystery of the Adani coal imports that quietly doubled in value

The mystery of the Adani coal imports that quietly doubled in value

The FT identified 2,000 shipments totalling 73mn tonnes of coal declared as Indian imports by Adani companies between September 2021 and July 2023 in customs data. The importer was primarily Adani ...

COAL IMPORT The Economic Times

COAL IMPORT The Economic Times

Coal imports case: SC to hear in February DRI's appeal against Bombay HC order quashing LRs On October 17, 2019, the high court had quashed all the letters rogatory (LRs) sent by the DRI to Singapore and other countries in its ongoing investigation against the Adani Group firms for alleged overvaluation of Indonesian coal imports.

Coal OverInvoicing Scam: DRI Will Appeal Decision in Favour of Adani ...

Coal OverInvoicing Scam: DRI Will Appeal Decision in Favour of Adani ...

Adani Power. Two power plants built by the Adani group in Tiroda, Maharashtra and in Kawai, Rajasthan are under the DRI's scrutiny for alleged over invoicing of capital equipment used in power plants. The show cause notices (SCNs) issued in these cases in May 2014 were dismissed by the DRI's adjudicating authority K V S Singh in ...

Adani coal case in SC: DRI wants to resume probe PressReader

Adani coal case in SC: DRI wants to resume probe PressReader

The DRI is probing at least 40 companies for alleged overvaluat­ion of coal imports from Indonesia pegged at Rs 29,000 crorebetwe­en2011and2­ list includes six Adani companies including Adani Enterprise and Adani Power. The Adani Group has denied any wrongdoing. In 2016, the agency issued a general alert to field offices and customs ...

Government seeks to revive probe into Adani coal imports

Government seeks to revive probe into Adani coal imports

Bloomberg / Nov 17, 2023, 16:41 IST. The Indian government is seeking to reopen an investigation into Adani Group's coal imports from Indonesia, focusing on alleged overinvoicing. The Directorate of Revenue Intelligence (DRI) has requested the Supreme Court to revive the probe that began in 2015. Adani Group imports Indonesian coal into India ...

Coal import scam: Adani group gets interim relief

Coal import scam: Adani group gets interim relief

The DRI investigation, started in 2009 and is still continuing, alleges overinvoicing of imported coal and powerplant equipment cumulatively amounted to around Rs 50,000 crore prior to 2008.

The mystery of the Adani coal imports that quietly doubled in value

The mystery of the Adani coal imports that quietly doubled in value

The FT also examined 30 shipments of coal from Indonesia to India by an Adani company over 32 months between 2019 and 2021. In all cases, prices in import records were far higher than those in corresponding export declarations. During the journeys, the value of the combined shipments unaccountably increased by over 70mn.

MMTC among two state firms inflating coal imports: DRI

MMTC among two state firms inflating coal imports: DRI

According to the latest DRI notice, the agency has found that several coal traders were directly importing Indonesian coal to Indian ports by allegedly routing the invoices "through one or more related /associated intermediary firms based abroad" after artificially inflating its value. According to the latest DRI notice, the agency has ...

Billionaire Adani Is Winning From India's Shift to Import Coal

Billionaire Adani Is Winning From India's Shift to Import Coal

Billionaire Gautam Adani's conglomerate is benefiting from India's rush to import coal to ease a supply crunch, winning a huge majority of import orders from state power giant NTPC Ltd.

Adani coal imports under DRI lens again MSN

Adani coal imports under DRI lens again MSN

Indian investigators seek Supreme Court permission to restart a probe into Adani Group's alleged coal import overvaluation. The Directorate of Revenue Intelligence aims to collect evidence...

Adani group shares fall after media report on alleged overpricing of ...

Adani group shares fall after media report on alleged overpricing of ...

Stating that it examined 30 shipments of coal from Indonesia to India by an Adani company over 32 months between 2019 and 2021, FT in its report said, "in all cases prices in import records were ...

Coal overinvoicing case: 4 years on, DRI vs Adani in SC to be heard ...

Coal overinvoicing case: 4 years on, DRI vs Adani in SC to be heard ...

On October 10, hearing a case regarding the alleged ove rinvoicing of Indonesian coal imported by the Adani Group, the Supreme Court clubbed the matter with another case related to alleged smuggling of dutyfree gold by a Hyderabadbased jeweller.. It was in November 2019, that the DRI had moved the apex court against a Bombay High Court order in favour of the Adani Group.

The mystery of the Adani coal imports that quietly doubled in value

The mystery of the Adani coal imports that quietly doubled in value

On arrival at India's largest commercial port, Mundra in Gujarat run by Adani, the declared import value was The DL Acacia cargo was one of 30 shipments imported into India by Adani...