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23-04-2023
Bureau Report
NEW DELHI: Paranjoy Guha Thakurta, a veteran Indian journalist, has been writing about the Adani Group and its business practices since 2015. Guha Thakurta’s reporting has covered allegations that Adani overcharged for coal and power machinery and unfairly benefitted from a change in rules for power plants in Special Economic Zones.
In 2017, Adani filed the first in a series of defamation suits against Guha Thakurta over his reporting. That same year, Guha Thakurta resigned as editor of the Economic and Political Weekly after an article he wrote about Adani was pulled.
US investment research firm Hindenburg Research’s blockbuster report accusing Adani of “brazen stock manipulation and accounting fraud”, released in January, drew on reporting by Guha Thakurta and other independent journalists. Adani has rejected the allegations by Hindenburg Research, which is known for its short-selling activism, and denied any wrongdoing.
India’s Supreme Court has appointed an independent team of experts to investigate the allegations, a decision that Adani has welcomed. Here Guha Thakurta speaks about his reporting, and the cases Adani has filed against him.
