<<The Financial Times,  the London-based business newspaper, has rejected
calls from the Adani group to take down a report that was depicted by
Gautam Adani’s firm as a “mendacious, deliberate effort to paint the Adani
group and the Adani family in the worst possible light”.

A spokesperson for the FT told The Telegraph: “The article is accurate and
carefully prepared. We stand by our reporting.”

The report, “Indian data reveals Adani empire’s reliance on offshore
funding”, appeared on March 22, 2023, and can still be read online on the
FT website.>>

(Excerpted from: <
https://www.telegraphindia.com/india/financial-times-turns-down-adanis-takedown-demand/cid/1929352
>.)

The subject FT report is, presumably, reproduced here verbatim: <
https://www.thenews.com.pk/print/1053231-indian-data-reveals-adani-empire-s-reliance-on-offshore-funding
>.
Here's the Adani Group letter to the FT on April 10: <
https://www.newkerala.com/news/2023/45000.htm>.

Interestingly, Rahul Gandhi's persistent queries about "20,000 crore" --
and its source (s) -- is, understandably, based on this particular FT
report.
In this context, it's also worth recalling that Adani's almost
instantaneous threat of legal actions against Hindenburg (ref.: <
https://www.thehindu.com/business/Industry/adani-group-to-explore-legal-options-against-hindenburg-in-india-and-us/article66435173.ece>)
on release of its report concerning the group's alleged massive financial
frauds on Jan 24 (ref.: <https://hindenburgresearch.com/adani/>) has turned
out to be a merely a blank shot -- meant only to scare. However, as the
Hindenburg remains well beyond the reach of the Indian ED and IT, the
threat simply fell flat on its face.
The FT too has summarily rejected Adani demand to take down its report.

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