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PM Modi declared Adani issue personal matter, will he oblige US SEC: Cong

Business Standard LogoBusiness Standard1d ago

PM Modi declared Adani issue personal matter, will he oblige US SEC: Cong - Business Standard

Quick Summary:

The Congress on Wednesday said Prime Minister Narendra Modi has already declared the Adani issue to be a personal matter and asked whether he would oblige the US Securities and Exchanges Commission's (SEC) request in the ongoing probe against the business group.

Congress general secretary in-charge communications Jairam Ramesh said the SEC has just informed a New York district court that it has sought the assistance of the Modi government to serve complaints on the violations of US laws by Gautam Adani and some of his colleagues.

The opposition party's assertion came after the SEC told a federal judge in New York that its efforts to serve its complaint on Gautam Adani and Sagar Adani in the alleged bribery scheme are ongoing.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 13:59:49 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 515 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26268735

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 296 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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