The Adani affair: the fallout for Modi’s India

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Troubled shares, troubles shared: Adani and India IncThe Adani Group, one of India’s biggest conglomerates, has come under fire from a tiny American research firm. A successful secondary share sale amid a rout in the markets leaves many questions —and proves revealing about India Inc. Our correspondent explains why Mexico is so well-placed to navigate the electric-vehicle transition. And the unlikely rise of MAGA rap artists. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer Hosted on Acast. See acast.com/privacy for more information. JBennet yikes
Source: TheEconomist - 🏆 6. / 92 Read more »

India's richest man Gautam Adani loses $100bn in less than a weekThe losses follow a US-based short seller firm - Hindenburg Research - publishing a 100-page report on the Adani Group, accusing it of 'pulling the largest con in corporate history'. Boy, the Indian My Pillow must really be selling poorly. My heart bleeds for him Did he turn his heating on?
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The Adani Crisis Could Push Clean Energy Investors Away From IndiaHow things unfold may impact how willing investors are to provide capital for India's energy transition hmm....sun tzu....memperlihatkan.... bahwa kota terlarang di china.... lembaga riset emak-emak....
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The Adani affair: the fallout for Modi’s India\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t Especially UK based media.. Always india is the target.. India will recover as soon as corruption King is shown his place by public
Source: FT - 🏆 113. / 51 Read more »

What next for Gautam Adani’s embattled empire?A scrapped $2.5bn share offering is the first victim of a short-seller’s attack Built nothing really much. Several airports, sea ports built with tax payers money ages ago was handed over to him on a platter. & innumerable mining concessions. Enough of this type of nation building
Source: TheEconomist - 🏆 6. / 92 Read more »

Adani Enterprises calls off $2.4bn share sale\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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