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How A Pricing Error Cost Bengal Rs 12.86 Crore In Flipkart Land Deal

in5points
  1. West Bengal government decided in August 2017 to transfer 1,326.93 acres to WBIDCL for industrial development.

  2. A pricing error in a land deal with Flipkart cost the state Rs 12.86 crore.

  3. The error was identified in an audit report.

  4. The land was intended for industrial development in Bengal.

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Mostly straight facts, with a light government- or market-friendly tilt.

About how the story is framed, not whether the facts are true.

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Who owns this?

Gautam Adani

Adani Group

Gautam Adani

Acquired by Adani Group in 2022 from the founders.

Wikipedia: Gautam Adani