I was initially extremely sympathetic to the story presented by The Wire, because it's quite believable that Meta/FB would go to extreme lengths to try to distance themselves from such a situation, but the facts ... just ... don't add up. As Alex Stamos has noted, there is little debate regarding collusion between Meta's "government relations" people and policy groups, so that's not really much of a scandal -- it's not like Meta will deny that Modi was treated like a divine being when he visited their campus, so the idea that his people can easily call in a favor to crush a social media post won't really surprise anyone.
The bulletproof evidence with DKIM authentication and a video of a logged-in admin instance doesn't look so bulletproof after all, based on the credible reports from those who know how Meta's admin tooling actually looks and functions, and those with other DKIM authenticated emails from the fb.com domain.
So, the question is, what's the agenda here? Why would someone go through all of this effort, to create a scandal out of something that is not very far from the truth? What's the point of this entire thing? Maybe this is like Nick Denton and Gawker losing their entire business over the stupidest sex tape story ever; or maybe this is part of something else that requires domain knowledge regarding Indian politics and media to understand (do page views monetize so well that this mini-scandal is going to be super-profitable to The Wire? Highly doubtful, right? What could they possibly get out of this?).
The whole thing is just really weird. It's also a major distraction from the very real problems that Meta doesn't even try to hide. Meta's relationship with the governments in various countries -- including the United States -- is way too close for comfort, and absolutely toxic on multiple levels. If this story turns out to be fake news, it'll do a lot to help the company deny, deflect and discredit the next real scandal. I think this is what the wacky conspiracy theorists call "4D chess," but I don't think that's what's happening here.
The true story behind all of this is bound to be very strange, and very stupid.