Ministry to Decide on Rajesh Exports' Status in Battery PLI Scheme After SEBI Fraud Allegations
The Ministry of Heavy Industries (MHI) is expected to decide soon on removing Rajesh Exports from the production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage following a Securities and Exchange Board of India (SEBI) interim order alleging massive financial fraud. SEBI's order accuses the Bengaluru-based firm of inflating revenues by Rs 15.15 lakh crore between FY21 and FY25, involving fund diversion and opaque related-party transactions linked to its lithium-ion cell subsidiaries. SEBI has barred promoter Rajesh Mehta from trading the company's securities and ordered a forensic audit. The MHI is reviewing the order before making a final decision.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 40%, Centre 52%, Right 8%). Overall sentiment is negative (28/100). Lens Score 38/100 — moderate-to-low public interest.
Outlets analysed (first-hand measurement by TBN's Bias Engine):
- thetelegraph— left-leaning framing, negative sentiment
- businessstandard— balanced framing, negative sentiment
AI Analysis
The articles primarily present official regulatory and government perspectives without partisan framing. They focus on SEBI's allegations and the Ministry of Heavy Industries' pending decision, reflecting institutional viewpoints. There is no evident political bias, as the coverage centers on regulatory actions and administrative processes rather than political debate or party positions.
The tone across the articles is neutral to cautious, reporting serious allegations of financial misconduct and regulatory responses without emotive language. The coverage emphasizes facts and official statements, maintaining an informative and measured sentiment without overt criticism or defense of the company.
How 2 sources covered this story
Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.