That's a bigger deal. Any person in captivity will say that take my money but let me breathe. Air pollution in India has sky rocketed in the last 10 years : from 2 cities in top 10 polluted cities of the world, we have reached 7. 37 in top 50.
Adani group, an Evil corp?
- Thread starter Pyception
- Start date
alekhkhanna
Innovator
Yup. FT and OCCRP have already Adani guilty of this - and that it lead to massive increase in pollution levels. Now TANGEDCO has filed a case, let's see how that goes, although I've not positive on any developments. Just for the year for which the enquiry is conducted, Adani benefitted over 6000 CR by passing low grade environmentally disastrous coal as higher grade coal. For the people supporting him, he is literally ****ing the air and lungs of you and everyone you hold dear. Let that sink him before blindly playing the patriotism card.
Over the last 9 years, Modi government assured Parliament at least 7 times that it was investigating alleged scams involving Adani Group and other corporations. But when public attention faded, Centre quietly worked to kill most of the thorny assurances
www.reporters-collective.in
Assure probe, backpedal later: Government’s Parliament tactic when questions rise on Adani
Over the last 9 years, Modi government assured Parliament at least 7 times that it was investigating alleged scams involving Adani Group and other corporations. But when public attention faded, Centre quietly worked to kill most of the thorny assurances
www.reporters-collective.in
Hindenburg trashes Sebi show-cause notice as 'nonsense' and 'concocted'
Hindenburg attacked Sebi for not naming Kotak Bank which, according to it, “created and oversaw the offshore fund structure used by our investor partner to bet against Adani”
Hindenburg attacked Sebi for not naming Kotak Bank which, according to it, “created and oversaw the offshore fund structure used by our investor partner to bet against Adani”
Pyception
Explorer
What will happen to market on Monday? Any prediction
Is this going to impact only Adani or whole market, since allegation is going to be on SEBI?
To me feel like this time entire Indian market players gonna go for calls to eat these goons short positions.
Mr.J
Innovator
lol. You really underestimate how deeply rooted is business politico nexus in India is.
Now, stock market is linked to even retirement benefits of tons of people including govt. employees.
Do you actually think index is going to even trade below 30% in a month ? It's too big to fail, next to impossible in my books, unless a global crisis like Covid19 happens.
Hindenburg Research claims Sebi chief Madhabi Buch, spouse had stakes in offshore funds linked to its Adani report
Hindenburg Research alleges SEBI chairperson invested in Adani-linked offshore funds, SEBI chairperson did not respond.
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Pyception
Explorer
Highly doubt India can ever rise to development when corruption is so deep rooted from end to end.
SEBI has always been f**cked.
https://en.wikipedia.org/wiki/NSE_co-location_scam (NSE colocation scam)
https://en.wikipedia.org/wiki/Chitra_Ramkrishna (this lady, previous head of SEBI, was arrested because she leaked secret info)
It allowed the Roy's of NDTV to get away with just a slap on the wrist, in spite of tons of evidence against them.
This one looks like a weak case. You can always draw a line from a rich person to some suspicious asset. Nothing particularly interesting.
https://en.wikipedia.org/wiki/NSE_co-location_scam (NSE colocation scam)
https://en.wikipedia.org/wiki/Chitra_Ramkrishna (this lady, previous head of SEBI, was arrested because she leaked secret info)
It allowed the Roy's of NDTV to get away with just a slap on the wrist, in spite of tons of evidence against them.
This one looks like a weak case. You can always draw a line from a rich person to some suspicious asset. Nothing particularly interesting.
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kartikoli
Innovator
Eventually they will but the timeframe will be much more than the actual potential
Short sellers have far more accountability than any of the others accused as they have to risk their existence to conduct the investigative journalism and then transparently publish the report.
It is naive to think that Adani's coincidental rise has nothing to do with corruption and facilitation at several levels.
The narrative from the government and its agencies will again be on foreign interference. It is incorrect to associate nationalism with Adani (and its backers) as they are at the forefront of siphoning off national wealth to offshore accounts.
The Indian market has been all-speculation for several years now. Logical FII investors will pull their money but irrational retail investors may keep pouring in money for time being, so no point in speculating on the overall market impact.
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alekhkhanna
Innovator
animishticomb
Forerunner
Lol what? Where are the facts for this or is this just your assumption? 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
Nothing will happen...this seems like desperation from hinden to me
Emperor
Juggernaut
If USA market cools down till next fedreserve interest rate meet, they will be investing there only. Once decision to reduce interest rate is announced market there might ramp up. It's a possibility, also may be the reason why there is higher additions in IT stocks. Therefore a possibility that hindenburg is tying an attempt orchestrating such a move for themselves and for others. Don't think such a game's going to pay though.
@mh09ad5578
Is it just retailers ? Isn't there some kind of mandate that MFs, domestic institutional investors, etc. have to buy stocks ?
SIPs keep on adding so much as individual investors automated that investment method without thinking about market situations ? Local institutions have to invest due to govt. mandates, etc. ?
Is it just retailers ? Isn't there some kind of mandate that MFs, domestic institutional investors, etc. have to buy stocks ?
SIPs keep on adding so much as individual investors automated that investment method without thinking about market situations ? Local institutions have to invest due to govt. mandates, etc. ?