Human Rights Defenders Data Information Knowledge Solidarity

Modi In Parliament : Gautam Adani का नाम क्यों नहीं लिया मोदी ने ? Ajit Anjum https://www.youtube.com/watch?v=PbTYWmCK0kc

 Adani Issue—Modi Hits Out at Rahul Gandhi But is Silent on His Own Relationship With Businessman https://youtu.be/EG_byYtJr9I?t=49

अडानी पर मोदी के ख़ास जज की मेहरबानी, SC Judge Arun Mishra's verdict on Adani's 6 Cases, PM Modi https://www.youtube.com/watch?v=6pK36mtWcJs

Financing is so tight for the Adani Group after its shares got savaged by Hindenburg that it plans a $500 million loan prepayment by P R SANJAI, SUVASHREE GHOSH, STEVEN ARONS AND BLOOMBERG FFebruary 9, 2023 https://fortune.com/2023/02/08/gautam-adani-group-prepay-500-million-bridge-loan-financing-hindenburg-short-seller/  This marks the second time in a week that the group has taken steps to prepay debt as it fights to regain investor confidence and stem the stock rout. Billionaire Gautam Adani and his family have prepaid $1.11 billion worth of borrowings backed by shares, the group said Monday.

Adani faced a margin call of more than $500 million on that loan, prompting the Indian tycoon to repay the whole debt, Financial Times reported Wednesday. The Adani Group said it didn’t receive a formal request for a margin call and that the loan was repaid early “per our prepayment planning,” the paper reported.

Adani faced margin call on $1.1bn loan before repaying in full - https://www.ft.com/content/b5ad1852-dd09-4b38-8d74-c2a99462395f  Comment BY SS From "Prepaid" to "Repaid": All Too Fast!

Gautam Adani, whose Indian business empire is under pressure over fraud allegations, repaid a $1.1bn share-backed loan last week after facing a margin call of more than $500mn, according to four people with direct knowledge of the matter. They said the repayment was designed to avoid further damage to investor confidence in the group.

Rather than post cash against the loan, which did not mature until September 2024, the Adani Group’s founder and his family opted to repay it completely. Adani has not disclosed the source of the funds used to repay the loan.

 

क्या अडानी के फायदे के लिए गूगल को सताया गया ? https://www.youtube.com/watch?v=5amQy2BGZVA Knocking News
Jan 25, 2023

Was Google persecuted for the benefit of Adani?

The Competition Commission of India (CCI) had imposed a total fine of over Rs 2,200 crore on Google. Google said that this would harm digitization in India and increase prices.  On failing to get interim relief on this, the American tech company has written in a blog. It wrote how the CCI order would harm the digital environment in the country. It states that India is at a juncture where access barriers should be lowered and secure smartphones should be made available to all.

Google further said that companies make their own versions of the Android operating system, which are not the same as the development version from Google. In such a situation, it is not possible for Google to give better security to those versions. Smartphone manufacturers will have to take the responsibility of ensuring the security of those devices. It was further written that due to this the price of the device could be expensive for Indian users.

The apex court said that at the colloquial stage it would be sufficient to say that the findings of the Competition Commission of India (CCI) against Google were neither without jurisdiction nor suffered from any manifest error, so as to warrant the court's intervention. A bench of Chief Justice DY Chandrachud and Justices PS Narasimha and JB Pardiwala gave the US company seven days to deposit 10 per cent of the penalty amount imposed by the Competition Commission of India (CCI).

The apex court asked the NCLAT to decide Google's appeal against the order of the competition regulator by March 31 this year. The US company was asked to approach the NCLAT within three working days from Thursday, seeking adjudication of its appeal against the CCI decision. The NCLAT had on January 4 refused to grant an interim stay on the order of the competition regulator and asked Google to deposit 10 per cent of the penalty amount.
Appearing for CCI, Additional Solicitor General N. Venkataraman said that Google is following similar directives passed by the European Commission in the year 2018, but it does not have any problem. Venkataraman said look at his conduct here, it is different. After making the necessary changes in Europe, they are doing the opposite in India. He said that they (Google) are talking about security, but when you do this in Europe, there is no threat to your security. But in India you are in danger. It is a symbol of slavery to the persistent market. It is feudal.
Bhutani said at an event on Saturday, “We are building a 1,000 MW data center. At present the size of the industry is 550 MW. Our business plan is to build 1,000 MW of data centers in the next decade. ”The capacity of data centers is assessed on the basis of the power they consume. According to market research company Ericsson, the market for data centers in India in 2021 was 447 MW. It sits at $10.9 billion by value.

'No Manifest Error In CCI Findings Against Google' : Supreme Court Affirms NCLAT Order Refusing To Stay CCI Order In Android Dominance Matter https://www.livelaw.in/top-stories/no-manifest-error-in-cci-findings-against-google-supreme-court-affirms-nclat-order-refusing-to-stay-219404

https://www.livelaw.in/news-updates/google-v-competition-commision-nclat-delhi-directs-google-to-deposit-10-of-rs-133776-crores-penalty-as-interim-measure-218226