India Today

The ‘Shell Companies’ Shocker

ALLEGATION: Websites of 13 Vinod Adani entities seemed like rudimentary efforts to demonstrate that they are operational. Many websites were formed on the exact same day and listed the same set of nonsensical services such as “consumption abroad” and “commercial presence”.

Vinod Adani does not hold any managerial position in any Adani listed entity or subsidiaries and has no role in their day-to-day affairs. Any transactions

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