HC quashes LRs issued in Adani coal import case

HC quashes LRs issued in Adani coal import case

The Bombay High Court on Thursday quashed all Letters Rogatory (LRs) sent by the Directorate of Revenue Intelligence (DRI) to Singapore and other countries in its probe of Adani group firms for alleged overvaluation of Indonesian coal imports.

DRI’s 29,000 cr coal case: Bombay HC rules in favour of Adani Enterprises

DRI’s 29,000 cr coal case: Bombay HC rules in favour of Adani Enterprises

In a setback for the Directorate of Revenue Intelligence (DRI), the Bombay High Court Thursday ruled in favor of Adani Enterprises Ltd (AEL) and quashed all Letter Rogatories (LRs) sent by DRI to Singapore and other countries while probing Adani Group firms for alleged overvaluation of Indonesian coal imports between 2011 and 2015

Mine the gap: Policy paralysis eroding India’s mining potential

Mine the gap: Policy paralysis eroding India’s mining potential

The mining sector is plagued by lack of a holistic approach, and unpredictable policymaking. The industry contributes 2.5% of India’s GDP, and employs more than a million people. A policy paralysis in the sector could have a strong bearing on the economy, and hit sectors that are already battling the slowdown.

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