Indian billionaire Gautam Adani’s rapid downfall has sparked renewed scrutiny on the tycoon’s close ties with Indian PM Modi.
that allowed Adani to bid — and eventually win — tenders for six airports. It was met with outrage amid criticism of cronyism. The government has rejected those allegations.
“The blessings of 1.4 billion countrymen are my biggest ‘suraksha kavach,’” Modi said, using a Hindi term meaning “safety shield.” “Prime Minister Modi and I are from the same state. That makes me an easy target for such baseless allegation,” said the tycoon, according to a January report in
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