Gautam Adani: the billionaire vs the short seller | FT FIlm

[@FinancialTimes]

This video has been amended to correct the date at which Narendra Modi became Prime Minister of India. In the previous version of this video a graphic at 3'06 showed a timeline of the key events in Mr Modi's career, it stated that he became prime minister in 1987, it should have said that he joined the BJP in 1987. We apologise for the error.

[@vishalpuri3842]

arre koi na..

[@K-Ravi]

Could you add a similar comparative graph with the rise of other Indian Corporates like the Tata, Ambani, Infosys, HDFC, Jindal, Airtel, etc? I am sure each of them would have a similar growth story. If Mr Azim Premji became the richest person on the planet for a brief nanosecond, I am sure it had nothing to do with his proximity to the ruling dispensation at that time!

[@ftl155]

Also you should also make reports on-Microsoft,Apple,Exxon,Cash app,FTX. Truth about 566 bank failures in the United States since the year 2000. Money laundering in United Kingdome-Terror Funding- Just to name a few....

[@theabhishekmondal]

USA government stand with Elon musk Liberal : it's okey Indian government stand with Indian Indrastalists Liberal : it's wrong 🤡🤡 Hypocrisy☕☕☕☕☕☕☕☕☕

[@oddysseyspace3099]

Financial times US medias never talks abt the use of media by democrats propaganda

[@mohitjain7994]

I like how Mahua Moitra can talk with such confidence about something she has no clue about.

[@raghav90]

If you write down her words they don’t make sense

[@AnshulNegi-s2w]

She was vice prssident of jpmorgan chase in usa do reaserch then speak

[@abhishekmahanta1112]

​@@AnshulNegi-s2wshe was just an investment banker working for jpmorgan 😂, jpmorgan employees hundreds of thousands of investment bankers around the world 😂😂 do research then speak 🤡

[@RC-br1ps]

She is far more educated than the theatrical parrot PM, Modi, who has himself admitted to being uneducated, yet miraculously producing a Masters Degree which is fake...a man of high character and intellect., ;)

[@RC-br1ps]

@@abhishekmahanta1112 joker emojies only highlight a lack of substance and intelligence. You have not given any reason to demonstrate why she is unqualified to speak on the topic, given her background. What is your background? A manufactured degree like Modi?

[@YourEducationSaathi]

Funny to see Mahua Mitra commenting on “Democracy” where her party has just won an election in the most undemocratic election ever held in India with goons and bombs 😂

[@TrollFreeInternet]

Was it really undemocratic or is it just overexaggerated propaganda of selective incidents from bjp? I am not a fan of mamata banerjee or trinamool but lets be honest bjp had zero chance of winning in west bengal.

[@Whatever-dc1fk]

​@TrollFreeInternet you think you know better than people of wb?

[@plutonium_pharaoh]

​@@TrollFreeInternetu have no idea what happens during election in west Bengal.

[@sreyanshuchaterjee3962]

​​@@TrollFreeInternetmc cadres have perfected the art of sabotage and forced election from the leftist/maoist that ruled bengal earlier. Bengal elections are extremely violent. This phase saw unprecedented violence. People were threatened. I live in new town area, which is part of greater capital kolkata and rhe local goons prevented us from voting. Any guesses who those guys we're from? If this happens in the state capital, may the parmatma have mercy what goes on in villages and panchayats. This is the most corrupt state and this mess will flow into bihar in future.

[@hunk212]

do you know about Delhi flood which is created by bjp government just to defame Kejriwal bjp can go any level of depth to win election there are lots evidence available in KZbin u can check also

[@tvm73827]

Hindenburg did India (SEBI, courts) a favor. They did what the institutions couldn’t get Adani to do.

[@mrgyani]

Nothing will come out of it. They have already amended SEBI laws that dilute & weaken it's ability to deal with shady ownership.

[@tarunbhatt.1995]

SEBI is still sleeping

[@ftl155]

@@tarunbhatt.1995 not just in India -Securities and Exchange Commission all over the world does the same thing sleep all day or else Hindenburg will not be in business ..

[@12UNITY21]

Lol 😂 .. The main stock manipulation is done by elon musk who come out of nowhere & become so rich.. He should be jailed for such frauds but no! How can they tolerates that a guy from a 3rd world nation become richest man on planet?

[@pushpindersingh1819]

India needs Airports but Adani never built any new Airport. It just acquired Airport operating contracts.

[@Rishi6901]

And they are Increasing Airport entry prices every year. Could you check your booked ticket and see how much they are taking for the Airport price on your passport?

[@muravi8167]

@@Rishi6901 its on your ticket and not passport. How come earlier business houses like GVK n GMR who had no expertise built and operate airports ?......was it ok then ? hypocrisy.

[@nagraj2k1]

@@muravi8167thanks for admitting that the bjp and inc are one and the same thing

[@poparrow9416]

they did renovate though

[@jarjarbinks3193]

Good administration and operating efficiency is FAR more important than building. The Govt built airports start all gleaming, but under the oversight of the crappy Airports Authority of India, which is a typical inefficient Govt organization, things go downhill quite fast, with poor maintenance, and things run awfully by employees and sub-contractors who not only offer poor services but also at times openly ask for bribes!

[@mardiniwilldern]

“You can’t be the CEO of two companies at the same time.” Elon Musk: I am a joke to you?!

[@mrgyani]

Chut who said anything about CEO?

[@spateri728]

It's India not the USA. Do what you want there.

[@AtillatheFun]

Yes. Yes he is

[@superfluous5162]

Elon Musk is a ceo of Tesla , COP of spaceX and CTO of tweeter(X) .

[@jkardez4794]

His younger brother who was jailed twice for criminal activities is an MD in some of his companies .

[@troyatwork]

Adani's flagship port was begun under Congress rule in Gujarat ... he has connections in both parties.. In India as in other countries, once you grow to be a certain size dealing with govt agencies and politicians is inevitable.. It is not ideal but hardly a phenomenon unique to India ..

[@FellaHAILIRA]

In India adani supports Hindus, in SEA he supports Muslim extremist governments, in Myanmar he supports the military junta. He has no moral or political preference. He is a giant grifter. If your party is in power he likes you.

[@RC-br1ps]

Modi is Adhani's salesman. Why is that? What does he get in return? Corruption and nepotism masquerading as leadership and lying to the Indian People.

[@gauravdas6741]

​@@FellaHAILIRAThat what he should do supporting India's interest. 😊

[@rajendrajasathy4356]

One can not build efficient business with political connections. His operational expertise is immense. Read GQG report.

[@rishavkumar1250]

​@@gauravdas6741what interests are being supported

[@mayurkanth6987]

People like Mohua Moitra are the reason Bengal Is so poor today.

[@lg7631]

What about UP, BIHAR, MADHYA PRADESH, RAJASTHAN..??

[@mayurkanth6987]

@@lg7631 West bengal was No.1 in 1961 by gdp per capita. Today it isn't even in Top20. The fall has been so Huge. Bihar, up, mp, Rajasthan were dirt poor states even in 1961 as well. Nobody had expectations from these states

[@shasha0076]

​@@lg7631UP was just recently taken over by bjp n its progressing pretty well compared to its oast history with other govts. Bihar n rajasthan don't have bjp govt. How stupid you are that you are blaming someone but don't even know who runs those states🤣🤦 what's wrong with MP. Its in good condition. Never gets in the news for any poor conditions etc

[@Civilclips]

​@@lg7631better than Bengal

[@Kannadiga321-r4n]

Slipper shot to lady hitlar supporters 😂😊

[@ambition112]

0:49: 💼 The Adani scandal reveals the need for regulatory reform in India's crony capitalism system. 3:40: 📚 Adani's rise in India's infrastructure sector is closely aligned with the government's focus on rapid infrastructure development, and there are allegations of possible corruption or cronyism in his business dealings. 9:36: 📈 The Adani Group, a conglomerate in India, has been able to execute ambitious infrastructure projects and deliver on the country's need for roads, airports, and energy. 11:08: 📰 The Adani group faced doubts and questions about their valuations, offshore vehicles, and control over the press, but took legal action against critics until a report by Hindenburg brought all the evidence together. 14:14: 🔍 The report by Hindenburg Research on Adani's alleged market manipulation has caused an outcry in parliament and raised concerns about the government's relationship with the billionaire. 17:46: 📉 Hindenburg's report on Adani companies exposes potential market manipulation and corporate governance issues. 20:34: 📈 GQG invested $2bn in Adani companies, reassuring banks and investors of their soundness, but facing challenges in convincing sceptics and political opponents. Recap by Tammy AI

[@rishabhsoni9154]

So funny to see the Chinese guys crying hard against Adani, trying to justify the ALLEGATIONS and BASELESS Claims made by the Opposition Party. Adani beat the Chinese communist regime around the globe.. Adani Won at Haifa Port. The "Dragon" is scared. Literally, You guys think the women MP who abuses in the National Parliament and uses expensive bags while delivering speeches on poverty, can even talk some fact based sensical pointers 🤣 🤣

[@Nk-iw2kd]

The opposition parties which you have interviewed questioning Adani have millions and billions of dollars of corruption scandals under their umbrella. Which spoils your projection on the whole .😂

[@uniteddreamer]

Some corruption good. Other corruption bad. I can't believe they are using professional shorting agencies as the basis for a story. But hey 24/7 news etc

[@sreenii5445]

And the ruling dispensation keeps getting them over to their side from guwahati to assam and from chennai to gwalior, maybe you are blind to such reality. Keep your blindness intact, else you may feel hurt.

[@ramji_ki_katha]

Amazed to see Mahua Moitra here. She was Ex Vice President of JP Morgan which has majority stake in Heidenberg Research, so literally it was JP Morgan which made money by short selling and Mahua Moitra was continuosly making comments and speeches in Parliament before the Report came out. How come no one is questioning this lady, she was clearly used as a tool in India by JP Morgan to create havoc like scenario of India crasing !!!

[@noneed8468]

wow amazing didnt know that, really interesting!!!!!!! what do you think of hindenburg do you think they are a scam?

[@ankur.mahajan]

Public needs to have access to trading history of the elected representatives and public servants.

[@dakanani]

It's a biased documentary! There is a left narrative or like eco system. Possibly anti Narendra Modi!!! Sad thos cominng from prestigious company like Financial Times. Nothing surprises me. Hindenburg Reasearch has done these things before! Adani has proved Hindenburg Research and left bias media with narrative wrong so far!!!

[@kokuyocamlin07]

Her own Party TMC gave Tajpur port to Adani for development last year. Hypocrisy at its peak.

[@jujijiju6929]

Nearly 25% of the any large bank like JP is filled with 'Vice President' employees. It's a title and a cadre, not the same kind of vice president in other non-financial companies. She is neither that competent nor that important.

[@vikrammondal9756]

The funny thing is the Adani stock is back where it was. Just evil intention of a short seller group

[@tkokflux6322]

totally not an adani bot

[@rahul98003]

lets run this video again 5 years from now....adani stocks would be sky high....

[@tyroneanderson5619]

Put your entire life savings in Adani's company then, I'm happy with Tesla and Reliance

[@kookoo6128]

this thread has turned into a personal adani vs ambani battle. and it only has 1 reply so far. lol

[@jkardez4794]

Obviously you don't believe crime and justice . You'll do anything for money - why bother about Adani, you should invest in drugs and other criminal activities.

[@press1to]

In Brazil there were also populist governments that promoted national champions. The consequences were terrible for the population, corruption, inflation, fiscal adjustments. Few benefited at the expense of public money and utopian nationalist discourse.

[@ameytiwari1247]

the socio-economic situation of brazilian history is way different than India

[@ujjwalkumar1624]

Brazil has no future due to its massive corruption in govt upto the highest level , while india is a totally diff case.

[@gknkrnkjgjugjrgjrng]

don't compare your dirty Brazil to india . Adani is also reconstructing the Dharavi slums. sill you say anything about it?

[@srini8701]

This "FT Film" is so laughable. Adani companies are just a part of Indian stock market. The one guy is so funny when he said that India'a image has taken a hit. On the day of this video release, Indian stock markets are at a record high :)

[@srini8701]

Never heard these experts talk about the credibility of US markets during the Enron crisis, Bernie Madoff Ponzi scheme, Global financial crisis :) :) :) The white man always has the burden to civilize the world. And they often find collaboratory lackeys.

[@TheMemeGuy124]

It is edited by people with full bias against the establishment in India. Poor show by FT.

[@mrgyani]

This made headlines around the world, every international publication covered it. They have talked about this even on Joe Rogan. And it does reflect on Indian regulatory bodies, including SEBI. And the PM himself for Adani's proximity and closeness to him. He climbed from $9B to $120B in 2yrs. Highest increase of wealth in the world. How? You know all this, you understand everything - but will act like innocent. And ulta blame the ones reporting. Brother you are blind in bhakti, doesn't mean the rest of the world will go blind.

[@srini8701]

Okay @@mrgyani. You straghtaway went on an ad hominem attack (calling me bhakt) without knowing anything about me. This just goes to show your intellectual depth. I don't care about Adani/Modi. Stick to making logical points. However, I understand that this may be hard for people with limited cognitive ability. Adani might very well be doing illegal activities (Round-tripping, etc.). I am not denying that. It is for the courts/regulatory bodies to decide. People with average IQ might get biased by media narratives. In democracies, people need proof to implicate someone. Again I am not saying Adani is innocent. But one needs to count him as one until proven guilty. Due to lack of resources from the regulatory body and SC which interests more with contempt of court cases than real ones, we as a country suffer. Weak regulatory body is a global problem. Just read about the examples I mentioned in my earlier post. If u are not happy with US examples, read about Credit Suisse). All infrastructure projects need government help. Adani has had great relationships with several non-BJP CMs as well. Just do a basic google search of Adani and XXX (replace XXX with any CM you want). I would recommend you to look at interviews with Prof. Aswath Damodaran on this whole matter. He is a professor of valuations at NYU. He is an expert in such topics.

[@naren_legha]

It certainly shows that Indian regulators are not as independent (or competent) as we thought them to be. For certain investors (for example, large investors with long time horizon), that is a risk that they need to account for. I don't know how having a regulator who can't do its job is good for India's image.

[@satishkpradhan]

I have been indian energy and infrastructure for 1.5 decades here are the facts:- 1. In 2009 when I joined Energy sector, Congress had done bid for private players for energy. With land and coal assets being sold. My company (govt) had the most experience and the cheap plants but still all bids went to private players some of whom had no energy sector experience. All this manipulation done during Congress that lead to CoalGate and Spectrum Scams. 2. If govt makes policy and you align hard to it to get benefit then its not benefit. Any infrastructure company can do that like Tata or Reliance. It is stupid to think that a country of 1.4 billion with rising middle class will not import products or take flights. Reliance has gained via internet expansion and Adani via Infrastructure. 3. Basic of Logic Correlation is not equal to causation. The use of word "Virat Kohli" has increased by 9 times as Adani stock price (currently at 6 times) in last 9 years. Does it mean Kohli has ties with the prime minister? The share of asian paints have risen faster than Adani Stock in last 9 years. Where is its Hidenburg report? Even Transport Corporation of India has better performance than this without being a household name.

[@iboyyobi1543]

You are trying to co-relate Kohli and asian paints with Adani group, which is wrong. Adani is an Infrastructure company and any Infra company grows only at a certain rate. Hindenburg's suspicion grew because they were growing at three times the expected rate in the last 2 decades. A growth that is impossible to achieve, plus it was alleged that their shares were being pumped by benami companies via Singapore and this operation was headed by his own brother. In a penny stock, they pump and dump but here they keep pumping and the heard mentality sets in where people jump on the band wagon and don't want to be left out. Once this is set in motion, more people will perpetuate this momentum into the stratosphere. Is tarah Adani bhai ban gaye world ke third richest! And no one in India can achieve this feat without the blessing of the ruling party, so you can add two plus two.

[@kookoo6128]

it is not surprising that an indian who has been in the energy and infrastructure sector for 1.5 decades cannot for them self figure out that a cricket player's skill cannot be manipulated by political factors/intervention whereas stock prices of companies can.

[@vemmanr]

2G is no more a scam, Modiji made sure of that (read court documents). Coal files is somewhere in pataal lok

[@siddharthbirdi]

Adani gas was trading at 1500 times earnings, since when has Asian Paints traded at such a valuation, please keep the discussion in a realm you understand.

[@dharmatejareddy.]

Adani has pumped now you know what to relate and not to propagate

[@vincentstewart1843]

Adani is not my problem how to get rich is what I'm thinking about as I keep loosing in real trade but win in Demo. Should I give up on Trade? What should I do? How may I do better? What I'm I doing incorrectly?

[@janejane386]

I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.

[@maureen...]

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

[@maureen...]

Kate Floretta Face book

[@Godwin_blessing_felix]

you must have these things in mind 1. Have a long term mindset. 2. Be willing to take *risk*. 3. Be careful, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with an assistant.

[@Mayor1248]

The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH. stock,silver and gold)

[@RaghavendraLawaniya]

Selective journalism with selective information sharing

[@RC-br1ps]

Hmmm, sounds like you are taking about the BJP propaganda machine, of which you are a part?

[@neverlast2810]

Selective comment with selective information sharing. Like Adani’s response you haven’t substantiated any of your claims.

[@RC-br1ps]

Please elaborate with specific points supporting your assertion...if you have the intellectual capacity to do so.

[@Dr.SyedSaifAbbasNaqvi]

​@@RC-br1psThat Mahua Moitra and her party Trinomul congress gave Tajpur Port in west Bengal to Adani for development just last year. I am from there. Isn't it selective journalism to take out that important piece of information which will render her arguments a bit hypocritical ? Please explain to me if you have the intellectual capacity to do so.

[@RC-br1ps]

@@Dr.SyedSaifAbbasNaqvi please explain how an economic decision for the benefit of the State of WB, that is not nepotistic (unlike the clearly nepotistic Modi led BJP), and that does not benefit the political party making the decision (unlike Modi's 40%BJP rate of kickback exposed in Karnataka) is a self serving decision? Also address Modi's open nepotism and corruption in favor of his corporate interests, that are impoverishing the middle class and causing immeasurable pain to the poor?

[@kokuyocamlin07]

Should have asked Mahua Moitra why her party TMC gave Tajpur port to "corrupt Adani" last year for the development.

[@Rishi6901]

First, ask her about violence during Panchayat Election time. They said they wanted to conduct an election without EVM. Now we know why they wanted this. So, that they can do booth capturing.

[@lg7631]

​@@Rishi6901what about the violence in manipur? Why Gautamdas Modi is silent?

[@ayushdamor7722]

​@@lg7631it's about tribal status, govt already impose article 355 in Manipur , it' is problem created by British giving 85% land to two tribe which is 1/3 of population.. Comparing election violence to tribal violance both are different things...... Manipur situation is way older than u think....

[@ahanz2454]

What do you mean to conclude? Once he faced financial crisis all the big business tycoons came to give support for him. Adani group is inevitable entrepreneur in india for its development 🇮🇳

[@bawakm5163]

Not for india, for modiji😅

[@ahanz2454]

@@bawakm5163 then what he made? It’s easy to make allegations.can you prove it? Like congress,tmc he never done any corruptions.That is why the whole world is respecting him except people like you.From your comments it’s very easy to understand that you are a mallu

[@bawakm5163]

@@ahanz2454 modi is numbr 1 fraud, selling indias wealth to adani, only sanghis worship modi😂😂😂

[@bawakm5163]

@@ahanz2454 yes iam proud mallu, you hate malayalis because south never accept your Cow dung politics💩💩you guys should hate us 😂😂😂

[@RanjitSingh-vj6cg]

Modi tadipaar and his corrupt company I meant Adani company everything government owned now owns by Adani thanks to modi tadipaar(goon) 😂😂😂😂. Modi and Amit shah goon company

[@amybhatnagar4065]

Fun to see Mahua mitra who has been jailed for misusing her MP status

[@rohitmpanchal5803]

It is an open secret that Adani was able to scale these heights only with close ties and participation of Modi as CM and as PM. Banks have kept their treasuries open for him and continued to extend huge loans and the regulatory authorities have preferred to look the other way. Adani has rarely created a green field project, majority of acquisitions have been facilitated by the government at heavily discounted prices. No questions have been raised as to who are the overseas investors. Due to predatory takeovers, Indian private industrialists are vary of investing in the country and are seeking investments abroad.

[@rohankurian5641]

🤔👊🔥😪✌💫

[@flagellumdei2118]

Panchal I am sure you were there to witness the opening of treasuries

[@RC-br1ps]

Spot on. Nepotism and corruption run deep in the BJP...are these RSS virtues?

[@OG_BlackBazooka]

@@flagellumdei2118😂😂😂😂

[@RC-br1ps]

@@sanatanhodler is that the story that your momma told you? Modi has been acting like Adhani's salesman and pimp in India and also outside India. This is not just well known in business and bureaucratic circles but has been reported in the papers in the case of Sri Lanka.

[@sashrhman2670]

This fast expansion obviously raised many questions over the years but if you have Modi ji on your side, you’re untouchable

[@ujjwalsinha6685]

Does not matter..he is building ports, infrastructure for india , renewable energy resources, providing jobs..that's it

[@sandeepst]

Extremely biased. There are problems with Adani and they were known even before Hidenburg report. The people panicked and sold. The GCQ bought and so the others who saw an opportunity. India needs local conglomerates with muscle to wrestle western big companies. Nothing wrong with political backing of the local biggies and all powerful nations do the backing of their local biggies. It is needed for autonomy.

[@ArtaxWild101]

Indeed nothing wrong to change the Policies to favour your friend if you are the Most Powerful Person 😊 If Adani become the Richest Person in the World, it will benifit the Common Indians 😂

[@gauravdas6741]

Completely agree with u. 😊

[@rajendrajasathy4356]

Exactly, this is an anti-India propaganda. GCQ not only invested during the fall, but later increased their stake further. They are still buying Adani. They are amazed by Adani's execution capability. Infra companies always have high debt and -ve cash flow for yrs. Adani is generating CF.

[@jkardez4794]

That's why Deloitte resigned and elder brother Vinod is hiding after shutting down 40 shell companies . Younger brother is a convicted criminal twice over . Fascinating family profile . Wonder how much GQG is getting because no respectable companies are touching this crooked enterprise .

[@12UNITY21]

​@@ArtaxWild101yes he provides jobs for so many ppl.. Indirect & directly! With that logic elon musk is more powerful then biden in Forbes most powerful persons! Can u imagine a billionaire in usa has more power then a sitting president of that country.. 😮

[@Mr1987atul]

West can never tolerate if some Indian become 3rd richest person

[@nitinjadhav298]

Nice joke

[@RC-br1ps]

Says a highly astute, networked, experienced and educated expert!!!

[@YugantSamal]

We can never accept that an Indian is doing fraud on global level. Bitter truth.😂😂 Adani has the opportunity to challenge hyndenberg in the court, but he knows well who will gonna loose 🐷🐷

[@neverlast2810]

Funnily enough the West is trying to help India, you’ve got blinders on. Indian GDP per capita is below Bangladesh.

[@uniteddreamer]

Well duh...

[@pentakotamanoj9347]

Actually pllaning commission of India (Niti Aayog) clearing mentioned its guidelines that no one company should and can operate the 2 airports at same time, it is highest body in India regarding infrastructure guidelines, but not sure how government changed them.... Adani now runs 6 airports......

[@mrgyani]

Yes they changed this rule (to favor you know who). Not just this rule, read about how he is able to get contracts in every field - and how policy changed to favor one party.

[@pentakotamanoj9347]

@@mrgyani Of course, I thought we used to have independent judiciary but I think losing faith in them, I am not saying that Congress government is good but at that time judicial system used to question them and smash so many ordinances which they see won’t helpful to people….

[@yesminister6736]

What's the logic behind it anyway?? To prevent competition doesn't mean you have to stop companies at one? India is planning to have 240 airports by 2029. You think govt will be able to build all of them?

[@pentakotamanoj9347]

@@yesminister6736 Actually if you read guidelines it’s not who is building them. It’s about maintaining them. See once how they take over Hyderabad airport from GMR group…

[@RAJEEVKUMAR-bt9ks]

Agar ek company ek hi airport ko operate karega to kaise chalega? Ab Airport ki number increase ho gaya hai. Ek company ek airport run karega to 100% privatization possible nhi hai.

[@Prof_UpitSultan]

Adani strikes back….mark that headline as coming soon.

[@jkardez4794]

₹3200/ IPO share price hammered down to ₹900 - that's a real strike against investors .

[@koinfinance1]

I started watching the video and closed it as soon as i saw duggie Muhua Moitra at 00:18 🤣🤣😂😂

[@satyannair4837]

That's because Modi's urine that you drink everyday started to take effect at 00.18.

[@bhagyeshmali5714]

Everything is good with Adani Group. Only some people can't digest the fact that India is now growing and has zero chances of depression.

[@vemaraju]

Adani like most companies in India are scammers.

[@onepluslatest]

Ur rogue

[@mg.f.9023]

Sad to see Indian Government back such a Businessman who used funds from the GREEN Project to run his Coal business in Australia! This has put down credibility of Indian Companies abroad!

[@Erikkurilla01]

I'm pleased that I persevered despite the challenging times. At the age of 55, I am on track to retire next year with three fully paid-off properties worth 4.5 million dollars. One of these properties serves as my residence, while the other two generate rental income of $80,000 per year. Additionally, I will receive an annual income of $20,000 from my super, providing me with a total of $100,000 per year to live a comfortable life. I am debt-free and remain motivated.

[@jessicasquire]

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[@Erikkurilla01]

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[@Erikkurilla01]

*STEPHANIE KOPP MEEKS* is the person with whom I collaborate professionally.

[@jessicasquire]

Thanks so much I was able to find her page and I already leave her a message.

[@subhobasu658]

So, with this article, I can make out, short sellers again reached out to FT . So short covering will commence. It is just 6 months, let's see where it reaches after six months.Stock Market has serious risks, but gives gain too.

[@ajaysankar5371]

But what about George Soros deal with hindunberg

[@Jai_Hind_1]

The watchdogs were actually proved to be petdog of politician and industrialist.

[@Sam-os1lt]

Adani will be back stronger than ever. Whatever doesn’t kill you only makes you stronger!

[@vemaraju]

Yes, scammers thrive in India.

[@jkardez4794]

Haven't you heard of gravely injured ...

[@indiamusically]

Do not equate Adani with India. India has Infosys, Tata, Reliance, Birla, Mahindra and many more. His misadventure doesn't cast doubt on India as whole. Why a foreign entity has to point fingers at us, what was SEBI doing, is a question all Indians would like to know? At the same time, what Adani has done for India is remarkable, visible change. Wish he had not brought this shame, did thing aggressively yet rightly.

[@ASK-ko9qx]

Lol what has adani brought for us Indian may I ask. I mean Even Ambani has done something by reducing the data prices but Adani. Hell no, he hasn't done sxxt yet.

[@indiamusically]

@@ASK-ko9qx All the projects he has undertaken, either suo moto or government's infrastructure, or bilateral projects in foreign country are either completed or are on time. You can claim cronyism, but projects were delivered.

[@anantgarg8741]

@@indiamusicallyand at what cost to the citizens?

[@indiamusically]

@@anantgarg8741 Is tax payers money is mis-utilized, or underutilized? I don't see any harm to common citizens of country. Adani went into sector where no one else where ready to go, because long incubation, slow returns. But he did mischief. There is fault in Adani shares, not in projects. Like I said question marks are on SEBI's regulation and undiscovered cronyism. If you link Adani share price fall with common citizens, then you are mixing two things just for the sake of making a argument. Cause, people who trade in shares, all knew Adani share were highly overvalued, many still invested in those share because of confidence of govt in Adani. New investors forget about many share market forces like short-selling, Hidenberg's medicine was needed, so that people won't invest blindly now.

[@ick-625]

​@@indiamusicallywell put

[@amritpalsingh3293]

The kind of people they interviewed shows they just wanted to negatively cover this. Only the opposition parties were interviewed, none from the government side. And they could also have interviwed the short seller for this. That short seller never gives any itnerviews.

[@laxsal12]

So true how easy is it to manipulate

[@NishJha]

The impact of hidenburg report on market is getting less and less. The share price bouncing back of Adani group and Bloc(Jack Dorsey) clearly shows it. Other than the short-term investor, most people remained untouched. In this two billionaire vs. Hidenburg, hidenburg report seems to be losing its credibility. Though Hidenburg made over a billion in short selling by crashing those. So, the loss in credibility came with gains in money.

[@stormtrooper8420]

Adaani haven't fully recovered and I don't think he ever will His stocks will never be high as it used to be

[@NishJha]

@@stormtrooper8420 Are you sure about that? Adani share is not at its dream run which was between July and January 2022, but neither is Tesla or any other company. If you even ignore its dream period, you can see that Adani is one of the highest return provider company in past 3 years. The share price from 2020 August to 2023 August is 10 times, which is so much more than that of Tesla or any of the popular companies. And since his share bounced back provind Hidenburg wrong, there's no stopping him which you can see from the share price upward trajectory trends since March (One month after Hindeburg report incident).

[@fulltimefrontend]

Oh, post elections if BJP does not get majority what will happen to Adani, we all know. Its a risky investment for any sensible person.

[@NishJha]

@ripulkumar6561 You are just assuming that all the allegations are right. If it was for bjp control, wouldn't they just make any BJP cadre the richest person rather than Ambani, a businessman who can turn their side. I don't think the rise of Adani is because of politics. But even it is that his most investment is on energy and infrastructure. Which will grow if India grows. Now I don't see the growth of India stopping, just because BJP doesn't come. Investment is always risky. But continuous rise in his share price shows that people are trusting the Ambani group.

[@fulltimefrontend]

@@NishJha Yup, we all know how agencies work in India, you have power and money you can get away with anything. He has been to jail twice and that puts a big question mark on the morality part of the person. This case is very closely connected to politics as well. Congress have accumulated a lot of proofs against him [100+] and pretty sure they'll go after him if they get a chance. Problem with BJP is that they only have 35% of votes and won previous elections because opposition was bifurcated. If governments change and Modi loses then it will be game over for Mr.Adani. Well, as per your argument, they literally made MrAdani richest person. Ambani is not over leveraged, the Adani is. But Gov. can take it over at any time, same thing happened in Russia when Putin came to charge and removed the richest person and that opened the gates for Russia's progress.

[@EnlightenedBharatiya]

It is a total lie that Adani has risen along with PM Modi's rise. There was the same treatment for any industrialist who wanted to grow with India and so make India grow. There are entrenched elements in India and their support network outside which throws these allegations to stop India's progress.

[@MRFA257]

Seeing librandus cry openly like this gives me immense pleasure 😂😂😂😂

[@ajayhadiya97]

Amazed to see Mahua Moitra here 😂😂😂😂.. FT chooses only anti-modi mindsets here...

[@maisamarthoon]

These kinds of Documentaries from the so-called democratic institutions, it shows that India is emerging and becoming influential. So be ready we will see more such things. Indians, we'll keep doing what is best for us.

[@sreenii5445]

What is wrong is the same whether a foreigner shows it or a native. Sense should prevail to be able to decipher it. Lack of it cant be repaired

[@anindyodutta8247]

How did the stock values fall so heavily if nearly 90% of the shares are held by the family and offshore shell companies?

[@sricharancr1663]

Because its a pump and dump, so once the news comes out and they are accused of share price manipulation and the shares continue to stay where it is then what does that mean? Adani needs to cover its own tracks so a dump is needed to show a picture of a true free float. Its just obvious

[@iozilto3742]

You need to learn about stock market for this

[@bois6969]

They didn't sell out it's just u short the sell means u sell shares u don't have but also if the SEBI gets suspicious about a company they block the intraday trading of the company shares be it sell or buy

[@anindyodutta8247]

Share values can only fall if the last transacted price of the stock is on a declining trajectory... Even if a short seller has put in sell options, unless the stock price starts declining by a massive sell off (significant enough volume to erode overall market cap of the company) we do not see such a drop in the prices... If 90% of the stocks are held internally it cannot lead to such a huge erosion of market cap

[@jkardez4794]

When a respected financial expert makes a good case against a company with proof then that share's price will fall irrespective of whether it is right or wrong .

[@prasantadatta5151]

Clear conceptual presentation.

[@hiraagarwal9185]

Why no one is questioning Hindenburg research ,according to him Adani port value is 80 rs per share but it is trading at 750 today

[@ArnavKathuriapersonal]

Look at the ratios look at the balance sheet Everything about it is trouble Too much debt , that too against pledged shares

[@rajendrajasathy4356]

This is purely anti-India propaganda. Read GQG report and you will understand. FII are buying stake in Adani, big banks are still investing in Adani as they know that the asset is reasonably priced with so much growth.

[@hiraagarwal9185]

@@ArnavKathuriapersonal all the money raised in invested in building sustainable assets which will take time to fructify,you have to look at it from startup point of view...

[@vishvapradhan8476]

This video has not aged well, that bald FT person saying, this report raises fundamental questions about investing in India and its regulators giving an image as India a third world country with no credibility. Adani at his peak was at 90 billion now he is at 80 billion and Mahua Moitra who was vocal actually took money from other businessman to raise questions and eventually disqualified from Parliament and barred to contest for 6 years. Coming to Modi his own brothers are living an ordinary life and that so called journalist /activist saying that Adani is being favored by Modi is laughable.

[@Khader7041]

Adani is honest, hardworking and patriotic.

[@DevarshRBhatt]

Everyone knew Adani share prices had inflated due to crazy bull run of the Indian stock market and recent acquisition of some key companys but calling the entire opposition ecosystem to malign the image of a company which was found not guilty by India's top court.

[@mrgyani]

Mohandas Pie is opposition ecosystem? Court found him not guilty, or court is saying SEBI illegally modified & weakened it's own power to investigate shady offshore ownership? Means they changed the laws by which Adani could be investigated - 2 years ago.

[@anksssssssss]

​@@mrgyanilaws was changed to get investment in india , u have no idea what u r saying .

[@raahemmahmood]

Modi became PM of India in 1987? 3:06

[@pranavnayak7272]

exactly .. as Indian we would easily pick this .. but the rest of the world it would never doubt this fact .. if FT has got this wrong, how are we to believe this is not a propaganda specifically targeted to tarnish Indian image

[@ecoideazventures6417]

@@pranavnayak7272 Factual errors should not tarnish the entire video's message. Exactly the same way one man's folly should not tarnish the entire Indian economy!

[@pranavnayak7272]

@@ecoideazventures6417 are you kidding me ?? they are professional journalist for Gods sake .. not making factual errors is their primary objective and not providing their opinion ..

[@FinancialTimes]

Thanks for your comment - this text in the video is now being amended

[@TheMemeGuy124]

@@FinancialTimesErrors like those reflect poorly on the publication.

[@aneesrahman9738]

Absolutely brilliant documentary. Thank You FT.

[@K-Ravi]

20:35 Who would a market participant believe - GQG who has invested Billions post the short sellers allegations or Hindenburg the short seller who has asked certain legitimate questions on stock holding and market float i.e. manipulation (albeit certain clearly biased opinions also formed part of their strategy) to bring down the listed Adani Companies stock price? I find that the report glosses over the fact that Mr Adani has won several infrastructure projects through competitive bidding; that too from States that are ruled by political parties opposed to Mr Modi (including West Bengal which is ruled by Ms Moitra’s party and several that are ruled by Mr Rahul Gandhi’s party)

[@vasanthpragash854]

Kerla also.

[@sshray1115]

Thank you FT and Hindenberg for eye-opening ⭐⭐⭐⭐⭐

[@abhaybhandary7010]

A fraud short selling company posting fake views to reduce the valuation so they can make money 😂 Go learn about the stock market and actually how businesses are run adani has done nothing wrong. Everything in this argument is baseless. I suggest u watch think school video on adani vs hinderberg where everything has been explained precisely with facts

[@pranavnayak7272]

the information put out by FT that Modi became PM of India in 1987 is factually wrong. as Indian we would easily pick this .. but the rest of the world it would never doubt this fact .. if FT has got this wrong, how are we to believe this is not a propaganda specifically targeted to tarnish Indian image

[@pranavnayak7272]

FT says Adani secured deals outside of India when Government delegation has visited that country. Dosent US and other Developed nation do that ? Dosent Elon Musk meet with Modi during Moodi's visit to US and if Tesla begins to Manufacture in India, is Musk equally wrong to have conversed with Government officials to make way for business ??

[@FinancialTimes]

Thanks for your comment - this text in the video is now being amended

[@hrpaasbaan]

Chodankhanki tu indian nehi hain , tu bhkat hain ..tujhe aur kuch mila nehi ek small mistake ko lake jumping.. behenchod thoda dimaag chala le ..before you comment and makes it easy to pick you as dumb 😅

[@asmirann3636]

​@@pranavnayak7272You are right. Musk and Modi must have a corrupt connection. Musk is also involved with Xi Jingping. So Musk can very well be an agent of China. But FT and American media are not independent and courageous enough to report any such connections.

[@sayanroy7896]

How come Mahuya Moitra be eligible to comment on this topic? What qualifications/ knowledge does she have about business? As an opposition leader I would really like to watch the comment of Shashi Tharoor/ Dr. Manmohan Singh/ Amit Mitra in this case. They are educated and knowledgeable enough to pass a comment on this and also they are in opposition too.

[@brigittajohn2211]

Why don't you Google her? She was an investment banker with JP Morgan in London and New York before she became a politician. Business and investment analysis is what she used to do on an everyday basis. If there is anyone in Parliament today who is competent and qualified to comment on the Hindenburg report, it is her.

[@anantgarg8741]

She was an investment banker. Infact there fourth Politicians in our country currently ruling are uneducated. If the 4th fail can be the pm of India then educated person like Mitra has every fkin right to question.

[@sayanroy7896]

@@brigittajohn2211 there are thousands of investment bankers in India. Does she have any experience in statecraft? She is just a politician, nothing else. She doesn't have any single idea how the government works as she was never in the pipeline ever. But the names which I have mentioned earlier they all have experience in statecraft apart from being a politician. So they know the secrets of running a statecraft. I am not saying that the opposition shouldn't question, but I am telling that she is not qualified enough to question in this matter.

[@sayanroy7896]

@@anantgarg8741 exactly, it seems from your language the type of question you will want to hear. Please carry on with your questions.

[@anantgarg8741]

@@sayanroy7896 yeah u too.

[@flagellumdei2118]

Its a bit rich of a British publishing house to talk about financial propriety

[@ecoideazventures6417]

@9:46 - "The Adani business model is the same model followed many promoters in India. We get into those industries where there is a regulatory framework, where government matters, where the politician in-charge matters!" @10:00 - "This is nothing new to India. You have always had business houses that have flourished by being very close to governments and take undue advantage of this proximity!" But the key question is our beloved intelligentsia never questioned this cute crony capitalism business model during the previous govts!

[@lg7631]

2 rupees credited into your account from BJP IT CELL

[@TheMemeGuy124]

It is a model that US, UK, EU and many nations that run this propaganda have invented. India and many developing economies lack a media organisation of global reach like ET to run similar propaganda.

[@ecoideazventures6417]

@@lg7631 This comment shows your classic jaundice eyed mindset - The above comments were made in the video by Mahua Moitra who is BJP's harhest critic!

[@mrgyani]

Just the opposite. Back then every single institution worked : - from media who openly and boldly questioned every corruption. Today that is a dream - CAG who exposed the corruption of the govts. Today CAG is close man of the PM - civil society who had the power to campaign against corruption, and do mass protests. Today they would be arrested under NSA, UAPA and their houses would be bulldozed, property siezed - courts - who punished the corruption. - public - who voted against and changed the govt The same ppl you malign as left, liberal have books and articles written on tr corruption of the previous era. Nobody called them anti national for exposing corruption.

[@Conorguill]

Either way, so what? Is the critique true or not?

[@mauricedonnelly2420]

Let's not ignore Hindenberg's financial self-interest. They knotted together circumstantial evidence to create a narrative that would fill their boots.

[@tushartekam6778]

Adani business was way too ahead of many indian business.

[@sachin2842]

if this was done by musk all wouldve love him even more,more power to adani he'll be back to top his fundamentals are strong ethics in running and has money flow too. 😊

[@TheStarboy94]

No one likes crony capitalism and corruption..

[@RAJEEVKUMAR-bt9ks]

Everyone knew that Adani's stock was overvalued. But, it is not because of manipulation but because of people's faith in Adani Group.

[@shahrags]

India's rise is not very easy for FT to digest

[@hahabsdk]

Sach 😅😂

[@satyannair4837]

What rise? We have become poorer than Bangladesh in nine years!!!

[@shahrags]

Bangladesh is taking funds from IMF and India is not even making the effort to ask for it. Of course Bangladesh is doing better. What a joke.

[@decimatech5102]

@@shahrags It has better GDP per capita.

[@serenity8145]

What rise? Highest youth unemployement in history. Zero innovation.

[@venr4155]

So you are asking if Courts are giving him the necessary support to win cases and grow his business? I never thought FT could go so low

[@ibnawf112]

... The corruption is so obvious.

[@SathyaK-jr6bg]

Congratulations 🎉DEAR Fantastic looking your wishing you all the very best for your business your Hard Effort will surely give best resulting GOD BLESSED ❤❤❤❤❤

[@blackcountrysmoggie]

I'm with Ravid Jain of GQG. There was nothing wrong with a lot of the companies. Was a great buying opportunity

[@jkardez4794]

That's why Deloitte resigned and elder brother Vinod is hiding .

[@MahadHirad]

Adani came to Nairobi with ambious to invest in the Republic of Kenya. A lot of Kenyan nationals did not know about the Adani group. This broadcast was helpful to inform viewers about the Adani group.

[@Mazehimazelo]

This video and likes of #BBC's are major reasons why Modi comes back with better majority.. you are watched by just 5% of Indians that to where 50% of them don't agree.. and rest gets the message by BJP election machinery that the #west and their Left #loonies are always against Indian's growth.. which has been proven true in many occasions.. keep up the great job.. 👍👍👏👏

[@siddharthsingh5031]

What??? You guys are blinded by fake nationalism that these parties sell.

[@nitinjadhav298]

Evm

[@ShahidAnsari-mu8kg]

The perfect reason why foreigners are not interested to invest in Indian market also bjp don't want investment except adani

[@shasha0076]

We don't need hypocrites who can't tolerate other countries growth n start selling lies n people like you just out of hate for one community or govt start supporting those foreigners against your own country n its businessman 🤦

[@ranjanrao3404]

I laughed when he said .. "Rahul Gandhi who's the most prominent figure in opposition party" 😂😂😂

[@maxsmith3580]

wow, they pulled out all stops this time around, - they brought in Mahua Moitra (used to work for JP Morgan) who somehow got parachuted into Indian politics out of nowhere, is a MP from the main opposition party. - They compared India and its businessmen to Russia and the Oligarchs, yet the income disparity is quiet stark in the US too. - They have still been unable to link Adani's success to Modi government. One day we will find out if Black Rock, George Soros and other WEP types were successful in grabbing a chunk of Adani's business, all in the quest to control the 8.2 billion humans. Someone bankrolled Hindenburg in its quest to by the bonds issued by Adani group, I doubt Indian government will ever find out who.

[@prathamchauhan2411]

Adani stocks again taking boom 🤯

[@amybhatnagar4065]

@aakar patel makes me wonder what about the congress and adani favours.

[@mg.f.9023]

India needs more Brave people as Mahua Moitra to call out such Frauds!

[@kokuyocamlin07]

Her own party TMC gave Tajpur port to Adani for development last year. Congress's Govt in Rajasthan selected Adani for installation of India's largest Solar Park. All these attack on TV but behind the door they know who can get things done.

[@abhishekpatel1860]

Rahul Gandhi

[@fh8047]

​@@abhishekpatel1860Modi chowkidar chor

[@noah631]

​@@fh8047said by madarsachap 😅

[@fh8047]

@noah631 better than kachcha छाप. Shameless hindu, hides behind a muslim name Noah

[@Marshmellow-n1j]

usa talks about chronic capitalism is ironical 😅

[@harishpatel1988]

Hindenburg did what it did for purely PERSONAL gains, with Adani group they found the perfect "BAKRA".

[@anantgarg8741]

Seriously asking why every gujju especially Patel I see supportes frauds, cronies, crimes, rapes, murders committed by bigoted gujju?

[@ramadasan7]

Hundenburg fake report - my foot.

[@harimurlidhar4188]

this all could be made possible due to Political will & puppet being placed on important position in Regulator who turned Nelson eye to all wrong done by Adani .Sebi has all information as data in computer but slowing with inquiry & buying time via court process.Will only lead to loss of trust on regulator & report of company globally. Good attempt by FT today but this should have come much before Hinderburg report.

[@kalyanchatterjee1617]

Not only the short seller Hindenburg but it is a coordinated effort between the George Soros men and his organisation. Their main target is neither the business of Adani and his enterprises nor the SEBI. It is an issue with political motive, targeting Modi and his party as well as the economic development of India. Let us wait further.

[@Useruytrw]

None of these critics would dare short it Hypocrites

[@akshatmaithani378]

At least get your Facts right first (It was only 2014 when Modi Becomes PM of India not 1987)

[@FinancialTimes]

Thanks for your comment - this text in the video is now being amended

[@bhagyeshmali5714]

15:01 Rahul Gandhi is not a prominent politician. For Indian voters Rahul Gandhi is a joker in the parliament who happen to be beneficial for ruling party.

[@ahanz2454]

😂😂😂 Rahul, ,pappu is a prominent thinker 😂😂😂 now i understood what is FT is 🤪🤪🤪

[@arpitkumar2981]

Still you got so triggered 😂

[@ahanz2454]

@@arpitkumar2981 🤪

[@vkchaitanya2003]

If Valuations is a concern, how is Tesla valued so highly. Market is a king and it works on speculation

[@ckakunje]

At the very Adani used free money in tge market due to central bank’s failure worldwide and create big infrastructure company in India. When the risk is highlighted, he is able to aptly reduce those lending risks and I am sure he will be able to succeed

[@ckakunje]

European banks failed in tge last six months and struggling economy but the FT runs a hit job on Indian businesses and not able to pin point even a single issue but just quote on Hindenburg and here says and demagogue entire Indian businesses houses

[@madhukarmurthi9064]

Wow.....FT bias...you seriously interviewed Trinamool Congress politician for this? What's their credibility?! Get out of politics FT, stick with business. Trade delegations working with national governments happens with all countries, but India is biased and US/West is not? You guys are going to lose the long game here

[@akshatmaithani378]

Yeah! They want to present themselves as unbiased, neutral by only showing the opposition's view.

[@thoriqakbar]

calm down. everyone is biased. they did their best.

[@thoriqakbar]

I would assume they can't reach the majority

[@Akshay-cx6jx]

exactly lol they interviewed opposition party member hahahahahahah

[@NarenHYD]

Making money is not a big deal in India if you have good political connections.

[@barbarasara4033]

Every poor third world country. If you see any wealthy rich man in third world country something suspicious about his money. Too much Curruption

[@KabeerBabbr]

basically the problem with adani is he owns too much of his own companies ... means he knows business is good itll be risky if he sells out

[@rsplenum]

Thank you for showing aakar patel and . Mohua moitra in the beginning 22 sec It saved me 22 minutes

[@n__g2238]

Every politician has a best friend in India and the common enemy Is middle class . We pay such steep taxes and get absolutely nothing in return. India is definitely on its way to become Russia or China , definitely not like any European democracy

[@RaptorsParadise]

Nice biased documentary I would love to see both the sides of the coin

[@theabhishekmondal]

USA government stand with Elon musk Liberal : it's okey Indian government stand with Indian Indrastalists Liberal : it's wrong 🤡🤡 Hypocrisy☕☕☕☕☕☕☕☕☕

[@iquid7494]

He now wants JKIA

[@AbuSous2000PR]

Usually, FT is way ahead of any others disclosing corrupt business models. I wonder why FT was behind the 8th ball here? Good video...but honestly I expected it a few months ago.

[@uniteddreamer]

There are so many crony capitalism stories to choose from. They have to choose the story that won't come back on them and their interests. That takes time.

[@The_Gavvy]

mindblowing investigation u did 🫡

[@Mrbombastic614]

Supreme court monitored committee and independent report by state regularors like Sebi which came few months back has came to a conclusion that Adani has done nothing shady or illegal.

[@mg.f.9023]

SEBI was sleeping on this case! Or knew about Adani and been looking the other way as Adani had blessings of PM Modi.

[@Mrbombastic614]

@@mg.f.9023 Sebi is the best market regulatory body in the world period. These western countries have failed banks , major stock market frauds and euro zone in recession . If Sebi was baised then it wouldnt have grilled Zee Media group .

[@satyannair4837]

​@@Mrbombastic614 Our courts are compromised. Our investigative agencies are compromised. Our institutions are compromised. All thanks to the Godhra Monster. So, what makes you think SEBI is not compromised?

[@Rahul-g1w1v]

I used to work for Adani, surprisingly all the accusations are correct and just the tip of the iceberg, but no one can do anything to Adani, they own India and the government.

[@nainitalism]

All said and done, Hindenburg had the last laugh all the way to the bank

[@backinthegame34]

They are the real criminals.

[@pranavmanie1479]

superb stuff by FT. I'm sincerely worried about retail investors who put a lot of their money in any of their Adani stocks - same goes for mutual funds that millions of Indians invest in. couple that with a concerning pro-bull attitude riding high on the potential India growth story, and there's a lot of scope for manipulation. infrastructure companies in developing countries have historically been pretty murky and obviously very risky/uncertain (ask China). the real question is - what do you do when that uncertainty comes to the fore and your firm's safety is under question? with Adani, the answer increasingly seems to be "bailout". we know where that road leads.

[@zeitgeistx5239]

All the Salty Indian nationalists. Sooo defensive.

[@lg7631]

They are not Indian nationalists.. They are supporters of modi and bjp.. But mostly members of BJP's social media cell which has 2 million trolls...

[@agpwhiz]

Government delegations from all major economies are accompanied by business leaders on foreign visits, India is no exception.