Jump to content

Adani Group: How Adani may be Pulling The Largest Con In Corporate History


Gaali_Gottam_Govinda
 Share

Recommended Posts

  • Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
  • Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
  • Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
  • Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
  • Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
  • The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

 

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

Link to comment
Share on other sites

2 minutes ago, Gaali_Gottam_Govinda said:
  • Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
  • Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
  • Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
  • Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
  • Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
  • The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

HKMH

Link to comment
Share on other sites

  • Gaali_Gottam_Govinda changed the title to Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History
12 minutes ago, Gaali_Gottam_Govinda said:
  • Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
  • Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
  • Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
  • Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
  • Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
  • The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

@Gaali_Gottam_Govinda

Link to comment
Share on other sites

  • Gaali_Gottam_Govinda changed the title to Adani Group: How Adani may be Pulling The Largest Con In Corporate History
38 minutes ago, Gaali_Gottam_Govinda said:
  • Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
  • Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.
  • Our research involved speaking with dozens of individuals, including former senior executives of the Adani Group, reviewing thousands of documents, and conducting diligence site visits in almost half a dozen countries.
  • Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations.
  • Key listed Adani companies have also taken on substantial debt, including pledging shares of their inflated stock for loans, putting the entire group on precarious financial footing. 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.
  • The group’s very top ranks and 8 of 22 key leaders are Adani family members, a dynamic that places control of the group’s financials and key decisions in the hands of a few. A former executive described the Adani Group as “a family business.”

 

More story here

https://hindenburgresearch.com/adani/

 

If this is true......... Indian economy sanka nakipothadi Short term. Massive Foriegn funds pull off 

they are highly respected and did this before... 

Link to comment
Share on other sites

2 minutes ago, hyperbole said:

The day BJP government is gone his empire will be like a quick sand and will also suck away few big banks like SBI and LIC, so a lot is riding on BJP returning to power and hence was desperate to acquire NDTV and we will see more

Edo Oka roju Govt. Change kaka tappadu ani these riches knows very well...anduke naku Rajeev Gandhi and PV Narasimha Rao time lone ekkuva labdi jarigindi ani Oka cover drive odiladu....

Inta +ve undakapovachu but riches need Govts support and Govts (who ever it may be) needs elites...

Link to comment
Share on other sites

6 minutes ago, hyperbole said:

The day BJP government is gone his empire will be like a quick sand and will also suck away few big banks like SBI and LIC, so a lot is riding on BJP returning to power and hence was desperate to acquire NDTV and we will see more

99% of Indian business are like this bro........ Government sanka nakapothe inch kooda file move avvadu. Evadu power loki vachina inthe. chillar edavalu. 

 

Pathetic India.

 

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.