New Delhi, May 19 -- According to political analyst Professor Sangit Kumar Ragi, the ongoing legal developments surrounding the Adani Group reflects an underlying domestic corporate rivalry. He claimed that these allegations against the Adani Group are aimed at undermining the conglomerate's global standing rather than a legitimate legal dispute.

"I feel that all these things happened against Gautam Adani due to a corporate war. There is no proof that Adani Group has given bribes in India. There is no information about this. There is no investigation about this. There is no result of this," he told ANI.

According to Ragi, the ultimate objective of the coordinated legal pressure was to damage the financial credibility of the firm on the ...