Adani

Reports on highly leveraged debt-based operations of the Adani Group- calls for a closer look from the PSU banks’ point of view

 To Shri Shaktikant Das Governor RBI Dear Shri Das, RBI must have seen the disturbing report of the credit research agency, CreditSights, on highly over-leveraged expansion programme undertaken by the Adani Group in India and abroad (https://www.reuters.com/world/india/indias-adani-group-deeply-overlever…) The credit research agency is reported to have pointed out, “The conglomerate’s debt-funded growth plans could spiral ‘into a massive debt trap’ and

Rights, Laws, Constitution: Confusions of an Ignoramus

In the month of June-July, fruit-wise still a month of Mangoes, allegedly some fellows at the behest of Adani Power company and emboldened by administration of WB started destructing mango and lichi orchards in some villages near Farakka (the place famous for barrage) for the purpose of clearing way for constructing transmission towers for carrying electricity from Adani’s power plant in Jharkhand to neighbouring Bangladesh. When villagers protested many were beaten by police and many were arrested.

Letter from Anti Vizhinjam Adani Port struggle front

Dear Sisters , Today  5 of us women have left our homes to participate and sit as Satyagrahis in the small pandal near Thiruvannathapuram Domestic terminal where the Anti Adani Vizhinjam Port struggle reaches its 50th day. Many of you may wonder why we are here and what we are trying to communicate by this Satyagraha. Titled the Indefinite Satyagraha[Read More...]

Silence of the Powerful

Why the Corporate Czars are Silent over increasing attacks on Social Fabric and rising Communalism  Celebrity actors and players share an interesting commonality in this part of South Asia. Their moral compass normally veers towards the ‘righteousness’ of the rich, powerful and the influential. Lynching of innocent people on the streets for their faith, social … Continue reading Silence of the Powerful →

Withdraw the proposed Coal Mining Project by Adani at Gondalpura, Jharkhand

NAPM extends solidarity to villagers of Gondalpura Struggling to Protect their Farms, Forests and Biodiversity 12th March, 2022: National Alliance of People’s Movements (NAPM) extends solidarity to the villagers protesting since many months against Adani’s proposed mine at the Gondalpura coal block in Hazaribagh, Jharkhand. It is distressing that both the Centre and the State have paid no heed to[Read More...]

Let the Vandalism Begin: Adani Strikes Coal

He began on RN Breakfast by claiming that he, and his company, would be open and transparent about mining operations.  But Lucas Dow, chief executive of Adani’s Australian operations, soon revealed in his June 25 interview that his understanding of transparency was rather far from the dictionary version.  When asked how the Carmichael Coal Mine was getting its water, he[Read More...]

The Adani Business Formula: Dealing with Myanmar’s Military

Corporate morality can be a flexible thing.  Some companies see tantalising dollar signs afloat in the spilt blood of civilians and dissidents.  Military governments, however trigger crazed, offer ideal opportunities; potentially, corners can be cut, regulations relaxed.  The Adani Group has shown itself to be particularly unscrupulous in this regard. In many ways, it is fitting.  The group’s record in[Read More...]

Oratory comes with Conviction: ‘Hum Do, Hamare Do’

Oratory is important in todays time. Narendra Modi gave a new term ‘andolanjeevi’ to his supporters which was countered by activists vehemently. Modi’s speech was nothing but addressed to his audience and now that includes corporate bosses too as he categorically said that ‘private’ is important for ‘nation building’. The second most important speech which was highly impressive and exposed[Read More...]

The Rightist Regimes, Monopoly Houses And State

In a globalized world market the monopoly houses are growing in a manner that they could control the democratic state apparatus in the countries of their headquarters like never before. When the right wing parties come to power with the full support of monopoly houses there is a contract between monopoly houses and the party that their market reach must[Read More...]

 NAPM extends solidarity to the Global Campaign by (YAStA) Youth Action to Stop Adani 

National Alliance of People’s Movements (NAPM) commends and extends its solidarity to the youth groups of India and Australia who, in an effort to bring more attention to the continuous struggles of the multitude — aboriginal, indigenous peoples, farmers, working class and other oppressed communities — against anti-people multinational corporate conglomerates, have successfully organised the Global Week of Action to[Read More...]