Saturday, June 22, 2024

‘RBI, Sebi should probe shares collapse’

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Questioning as to what are the reasons for the collapse of Adani company shares, TPCC Senior Vice-President Mallu Ravi demanded that the RBI and SEBI should investigate it. Mallu Ravi alleged that after Modi became Prime Minister many public sector organizations were handed over to Adani. He said that along with LIC, SBI, many companies are losing money. The loss of Adani company is not his alone.

It is a huge loss for the country, he said. Modi helped Adani to get contracts in other countries, he said. It is not right for Modi to play the role of a spectator now. The country’s economy is facing complete collapse. Damage prevention measures should be taken immediately. The cause of the crisis needs to be investigated, he demanded.

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