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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. sarah_birke Let's do it. Gonna mint this as an NFT sukuthis
Source: TheEconomist - 🏆 6. / 92 Read more »
Gautam Adani called on India’s top tycoons to shore up $2.4bn stock sale\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t The Gupta's in South Africa ,had enlisted companies over valued ,in commodity,no doubt this is a a highly corrupt institute.
Source: FT - 🏆 113. / 51 Read more »
Gautam Adani Is No Longer Asia's Richest Man—or Even India'sThe Indian tycoon's fortune slipped below Mukesh Ambani's following a report that accused Adani Group of fraud. Or even his block’s. 👍🏻 His wealth increased by 230% during Modi's rule -In 2021 -still heroin Seizures at Adani’s Mundra Remain a Source of Worry for Indian Authorities.
Source: TIME - 🏆 93. / 53 Read more »
India stocks/Adani: recurring scandals weaken recurring returns\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. Aaj khus to bahot honge tum :)
Source: FT - 🏆 113. / 51 Read more »
What Adani’s Downfall Says About India’s Crony CapitalismThe allegations put a spotlight on the relationship between India's business and political elite. It’s no secret that government corruption in india is very high Tha jackals are out, now that they see the wound?
Source: TIME - 🏆 93. / 53 Read more »
“It was remarkable that someone so small could rock a company of such importance”—Adani and India IncToday on “The Intelligence”: the David-and-Goliath tale of India’s Adani Group, Mexico’s well-placed push into electric vehicles and the rise of the MAGA rapper
Source: TheEconomist - 🏆 6. / 92 Read more »