available in public domain.Which FII investors are pulling their money and going where exactly - Dont think there is any other place on Earth that gives them better opportunity to invest billions with such growth potential
available in public domain.Which FII investors are pulling their money and going where exactly - Dont think there is any other place on Earth that gives them better opportunity to invest billions with such growth potential
Sincere apologies for the brain-fart moment. I meant to say 3rd largest in purchasing power parity terms but for some odd reason, ended up writing per capita. Thanks for pointing that out too.3rd largest per capita? In per capita terms, Indian GDP is ranked 136th out of 191 countries - https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
Strange language:Hindenburg responds to SEBI Chief Madhabi Puri Buch’s statement, raises new questions:
Strange language:
'The firm also called for a full, transparent, and public investigation into these issues, citing Buch’s promise of a “commitment to complete transparency.”'
Is this really coming from an American firm or is some local business rival using Hindenberg as a front end? Remember the Mauha/Hiranandani case.
Did you read his other tweets? All of them sound like low-blows directed at Modi and co. Prob a guju-vs-guju battle.
Here is another gem from this gentleman's (Mar 25th)
"To those who ask, “If not Modi who?” I respond: “Even a lamppost will be acceptable! At least it will not destroy India”."
Is it that difficult to find a sane commentator on this issue?
Sincere apologies for the brain-fart moment. I meant to say 3rd largest in purchasing power parity terms but for some odd reason, ended up writing per capita. Thanks for pointing that out too.
List of countries by GDP (PPP) - Wikipedia
en.wikipedia.org
Off course the per capita number is small even adjusted for purchasing power, but it doesn't nullify the fact that the economy is too large in total to be derailed by one corporation facing scrutiny, or for that matter failing (although failure is not my base case). That is particularly true because a lot of Adani group's debt is from foreign lenders, so their credit risk is not entirely on Indian banks/Mutual Funds.List of countries by GDP (PPP) per capita - Wikipedia
en.wikipedia.org
India - Rank 125.
Yes, Reuters has joined in the evil anti-India mission of relentlessly accusing our saintly chief of Sebi without rhyme or reason. Sebi fulfilled their duty to delay the matter enough so that elections pass peacefully. Sebi has already investigated Sebi and found that Sebi is awesome. Enough, I say.India regulatory chief earned revenue in potential rules violation, documents show
Madhabi Puri Buch, head of India's SEBI, faced allegations of earning revenue from consultancy firms during her tenure, potentially breaching regulatory rules. Involved in Adani Group investigations, Buch denied conflict of interest claims. Public records revealed her firm's earnings, raising...m.economictimes.com