Jan 31st,... He'll be given enough time to cover his tracks before announcing a special investigation. ...
... 'A' will be given a slap on the wrist and he'll remain in business. Current ghotala will be remembered as just some price corrections for 'A' shares. ....
If the plan moves ahead, it would be the latest sign of the conglomerate returning to business-as-usual after months of damage control following Hindenburg’s scathing broadside that at one point shaved off over $150 billion from the company’s stocks.
A panel of experts appointed by the India’s Supreme Court also said in a report last month that there’s no regulatory failure or wrongdoing behind the wild swings of Adani stocks. Still, another verdict is expected from the India’s securities watchdog in August after finishing its probe into the shortseller’s allegations against Adani Group.
And don't people wish they'd bought shares when they were cheaper knowing things were going to be alright after
this is not getting back on the saddle, this is accepting that they cant pay back as per current timelines/conditions and asking for extensions..Getting back on the saddle, in just six months
The ports-to-power conglomerate owned by Indian tycoon Gautam Adani is mulling whether to convert the original loan into debt with a longer maturity period and has started talking to banks individually about that plan, said the people, who asked not to be identified as the discussions are private.economictimes.indiatimes.com
The price did go up and predictablynot me, i dont mess with dubious shite.
Give me a sourcethis is not getting back on the saddle, this is accepting that they cant pay back as per current timelines/conditions and asking for extensions..
That is your opinion and not mentioned anywhere in the article. You made up your mind Adani is guilty. Why?So basically the A's and the A's get a clean chit and have the green signal to borrow and default more while the common man pays for their misgivings..
They are the true OG's!!!
Raincheck. A year after this stunt got pulled, you will see where they will be
Sorry to intrude. I'd like to share my thoughts. It seems that the stock prices are expected to crash. What we are witnessing might be a temporary recovery in some of their stocks, often referred to as a "dead cat bounce." However, there doesn't seem to be much enthusiasm surrounding their stock at the moment. When a stock experiences a rapid decline like this, it typically hits a new low after a slight rebound. In this case, the group's debt is rapidly increasing, and they are resorting to selling equity or raising new debt to repay old debt. This approach is not sustainable in the long term.whats your call?
I have family members who work in the govt so they know how the govt works inside out. So yes, not everything shared in the media is accurate.That is your opinion and not mentioned anywhere in the article. You made up your mind Adani is guilty. Why