• Latest
‘What about Davos deal with Adani?’ Harish Rao Questions Telangana CM

‘What about Davos deal with Adani?’ Harish Rao Questions Telangana CM

November 26, 2024
Pawan Kalyan’s Balancing Act: From Film Sets to School Runs

Pawan Kalyan’s Balancing Act: From Film Sets to School Runs

June 13, 2025
Indian Stock Market Delivers World's Best 5-Year Performance

Indian Stock Market Delivers World’s Best 5-Year Performance

June 13, 2025
PM Modi Meets Miracle Survivor of Ahmedabad Air India Crash

PM Modi Meets Miracle Survivor of Ahmedabad Air India Crash

June 13, 2025
CPGET 2025 Notification Out Today: PG Admissions to Begin June 18

CPGET 2025 Notification Out Today: PG Admissions to Begin June 18

June 13, 2025
Seat Allotment Phase 2 Out for BC Welfare Residential Degree Colleges

Seat Allotment Phase 2 Out for BC Welfare Residential Degree Colleges

June 13, 2025
Pawan Kalyan’s Final Film Phase? Surender Reddy Project Revived

Pawan Kalyan’s Final Film Phase? Surender Reddy Project Revived

June 13, 2025
PM Modi Calls for Accountability, Safety Overhaul After Air India Tragedy

PM Modi Calls for Accountability, Safety Overhaul After Air India Tragedy

June 13, 2025
Ram Charan’s Next: UV Creations Eyes Sandeep Reddy Vanga Collaboration

Ram Charan’s Next: UV Creations Eyes Sandeep Reddy Vanga Collaboration

June 13, 2025
UN Chief Reacts to Ahmedabad Air India Tragedy

UN Chief Reacts to Ahmedabad Air India Tragedy

June 13, 2025
Trump Offers Help After Air India Plane Crash

Trump Offers Help After Air India Plane Crash

June 13, 2025
Chandrababu Launches ₹10,000 Cr 'Talliki Vandanam' Scheme, Highlights Shift in Welfare Vision

Chandrababu Launches ₹10,000 Cr ‘Talliki Vandanam’ Scheme, Highlights Shift in Welfare Vision

June 13, 2025
Love, Lies, and Murder: Shocking Crime Unfolds in Meghalaya

Love, Lies, and Murder: Shocking Crime Unfolds in Meghalaya

June 12, 2025
Friday, June 13, 2025
  • Login
CredTimes.com : Formerly known as TollywoodTimes.com
720 X 90 Advertisement
ADVERTISEMENT
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
CredTimes.com : Formerly known as TollywoodTimes.com
Home Government Telangana

‘What about Davos deal with Adani?’ Harish Rao Questions Telangana CM

Rajeshwari R by Rajeshwari R
November 26, 2024
in Telangana
Reading Time: 3 mins read
0
‘What about Davos deal with Adani?’ Harish Rao Questions Telangana CM

‘What about Davos deal with Adani?’ Harish Rao Questions Telangana CM

6.8k
SHARES
19.5k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Telangana Government Halts Rs 100 Crore Donation from Adani Group Amid Allegations of Fraud

Hyderabad, November 25: The Telangana government announced on Monday that it would halt the Rs 100 crore donation from the Adani Group, which was intended for the development of the Young India Skill University. The decision comes in the wake of serious allegations of fraud against businessman Gautam Adani, as per reports from the United States.

The donation was initially promised by the Adani Group for the Skill University project, but following the allegations, the Telangana government, led by Chief Minister A. Revanth Reddy, decided to suspend the acceptance of the funds.

Reacting to the decision, Bharat Rashtra Samithi (BRS) MLA T. Harish Rao strongly criticized the move, questioning the Chief Minister’s stance on the matter. Rao referred to a previous deal signed between the Telangana government and the Adani Group in Davos, which amounted to Rs 12,400 crore. He pointed out the inconsistency, asking, “What about the Rs 12,400 crore deal you made with Adani in Davos at a time when Rahul Gandhi has been demanding the formation of a joint parliamentary committee to investigate Adani’s alleged corruption?”

Harish Rao also accused Chief Minister Reddy of attempting to privatize the state’s electricity distribution companies (discoms) by handing them over to the Adani Group. He further alleged that the Telangana government had been overly accommodating to Adani, even during discussions of a massive 20,000-megawatt thermal plant project.

In response to the controversy, Telangana Chief Minister Revanth Reddy defended his decision, emphasizing the need to protect the integrity of the state government and avoid any damage to its image. “I and my Cabinet colleagues do not want to be involved in unnecessary discussions that would harm the reputation of the state government or my own. That is why, on behalf of the state government, our official Jayesh Ranjan wrote a letter (to Adani) to halt the donation,” Reddy stated during a press conference.

In the official letter addressed to Priti Adani, the chairperson of the Adani Foundation, Telangana’s special chief secretary Jayesh Ranjan explained that while the Young India Skill University project had recently secured income tax exemption, the government had decided to halt any donations in light of the bribery allegations against Gautam Adani.

Rao’s criticism of the decision to halt the donation was sharp, as he accused the Congress-led state government of making concessions to a “corrupt person” like Adani, even as it distances itself from accepting his contributions. He called for a cancellation of all existing deals between the state and the Adani Group, citing concerns over corruption.

The situation continues to unfold with growing political discourse and implications for the ongoing relationship between the Telangana government and the Adani Group.

Tags: Adani GroupT Harish RaoTelangana

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Pawan Kalyan’s Balancing Act: From Film Sets to School Runs

Pawan Kalyan’s Balancing Act: From Film Sets to School Runs

June 13, 2025
Indian Stock Market Delivers World's Best 5-Year Performance

Indian Stock Market Delivers World’s Best 5-Year Performance

June 13, 2025
PM Modi Meets Miracle Survivor of Ahmedabad Air India Crash

PM Modi Meets Miracle Survivor of Ahmedabad Air India Crash

June 13, 2025
No Result
View All Result

Recent News

  • Pawan Kalyan’s Balancing Act: From Film Sets to School Runs
  • Indian Stock Market Delivers World’s Best 5-Year Performance
  • PM Modi Meets Miracle Survivor of Ahmedabad Air India Crash
  • CPGET 2025 Notification Out Today: PG Admissions to Begin June 18

We bring you the latest updates on Indian political affairs, business trends, sports highlights, and the glitz and glamour of the entertainment world. Stay tuned for comprehensive coverage of movie releases and reviews, ensuring you're always in the know. Trust CredTimes.com to keep you informed and credible.

  • About Us
  • Privacy & Policy
  • Contact Us

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)