{"id":231989,"date":"2024-01-04T00:30:47","date_gmt":"2024-01-03T19:00:47","guid":{"rendered":"https:\/\/arunachaltimes.in\/?p=231989"},"modified":"2024-01-04T00:30:47","modified_gmt":"2024-01-03T19:00:47","slug":"sc-verdict-on-adani-matter-extraordinarily-generous-to-sebi-will-fight-crony-capitalism-cong","status":"publish","type":"post","link":"https:\/\/arunachaltimes.in\/index.php\/2024\/01\/04\/sc-verdict-on-adani-matter-extraordinarily-generous-to-sebi-will-fight-crony-capitalism-cong\/","title":{"rendered":"SC verdict on Adani matter &#8216;extraordinarily generous&#8217; to SEBI, will fight crony capitalism: Cong"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>NEW DELHI, 3 Jan:<\/strong> The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be &#8220;extraordinarily generous&#8221; to SEBI and asserted that the party&#8217;s fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.<\/p>\n<p style=\"text-align: justify;\">In a relief to the Adani Group, the Supreme Court refused to transfer the probe into the allegations of stock price manipulation by the Indian corporate giant to a special investigation team and directed market regulator SEBI to complete its probe into two pending cases within three months.<\/p>\n<p style=\"text-align: justify;\">Reacting to the judgment, billionaire Gautam Adani said, &#8220;The Hon&#8217;ble Supreme Court&#8217;s judgment shows that: Truth has prevailed. Satyameva Jayate.&#8221;<\/p>\n<p style=\"text-align: justify;\">In a statement on the judgment, Congress general secretary in-charge communications Jairam Ramesh hit out at Adani, saying &#8220;truth dies a thousand deaths when we hear Satyameva Jayate from those who have gamed, manipulated and subverted the system this past decade.&#8221;<\/p>\n<p style=\"text-align: justify;\">Ramesh said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven &#8220;extraordinarily generous&#8221; to the Securities and Exchange Board of India (SEBI), not least by extending its original investigation deadline of August 14, 2023 by another three months to April 3, 2024.<\/p>\n<p style=\"text-align: justify;\">&#8220;To get to the bottom of the Modani Mega Scam, nothing less than a JPC (joint parliamentary committee) will do,&#8221; Ramesh said.<\/p>\n<p style=\"text-align: justify;\">&#8220;None of the hundred pointed questions asked in our Hum Adani ke Hain Kaun series last year stand answered after today&#8217;s judgment. Our fight for NYAY against crony capitalism and its ill-effects on prices, employment and inequalities will continue even more forcefully,&#8221; the Congress leader said in his statement. (PTI)<\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI, 3 Jan: The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be &#8220;extraordinarily generous&#8221; to SEBI and asserted that the party&#8217;s fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue. In a relief to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[],"class_list":{"0":"post-231989","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national","7":"category-state-news"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/231989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=231989"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/231989\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=231989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=231989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=231989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}