correct. adani did not cheat then !
But finding FPO buyers is a fraud & luckily SEBI is investigating it. Remember the founders cannot participate directly or indirectly in IPO or FPO
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i feel you are trying to be sarcastic, but its not clear what you are sarcastic about.
so i am gonna ignore until you clarify. 
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i am not sarcastic - i am being straight.
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adani group companies having high valuations, high P/E, high leverage, debt to equity ratio - is not fraud or illegal. its allowed by the rules !
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raising money for FPO from own stake or subsidiary held companies are illegal
Indeed.
I am also concerned about certain foreign firms located in tax havens investing almost all of their funds in Adani Group. Not illegal by itself, but there could be more to itâŚ
got it.
my guess is those companies are owned by politicians and there is some sort of quid pro quo happening and adani is just benami.
just a guess
I watched lok sabha debate on this issue where one opposition MP was saying that all these Maurition shell cos investing all their money in Adani are actually owned by PM Modi and its his black money. Thatâs why Adani gets all Govt contracts. Your guess is on similar lines.
i doubt its modi, man doesnât even have family.
A local theory i heard and i believe more practical one was,
jagan (andhra) & kcr (telengana) had shares in adani in exchange for tacit support to BJPâs bills in Rajya Sabha.
A lot of bills passed by BJP in RajyaSabha, both these parties boycotted and walked out, allowing BJP to pass the bills and these 2 parties save the face in front of their voters and recieve a bribe for their support.
Also, the recent ports adani acquired were in andhra region, which further adds fuel to this conspiracy.
Same, I donât think itâs owned by Modi, but generally poor delivery by PSUs might have forced him to move to the private sector for it (infrastructure development). But why Adani, not other private players, well every political party wants to keep the control power with them, it has happened multiple times in India at both the central and state level in the past. Neither is this unique to Indians only, it has practically happened in every other part of the world.
Look at infra companies, they have very low free cash flow, and long gestation periods, so for a country like India which has to become a developed country and hence needs tremendous infra development, will you give to the PSUs?
Will private player come into projects where returns are quite low and take long gestation and hence is at the mercy of the political winds of that time? I doubt unless government margins are big enoughâŚ
Between some Geopolitical Analysts believe the reason for doing this now has something to do with Russia-Ukraine and India buying Russian oil. This all (Adani super high valuation) was at least known/in the public investment domain for the last 5-10 yrs. Hence why now
So in short, the world is very complex, and not as simple as we think.
+1 to the theory that US is punishing current govt for not siding with USA.
if you see the timeline of events,
Hindenberg published the report, but the stock did not fell much the next day. (only -1.5%).
I think US was expecting crash immediately, when that did not happen, they crashed it next day with the help of some fund with deep pockets.
source of this news bit please
Imran Khan? 
lol. its a rumor. what are you expecting.
actually if we can know who shorted it apart from hindenberg after the report is released, we might get some data.
please exclude me though 
This comment may be flagged but! Listen, capitalism is what brings prosperity but we never had true capitalism , we donât have true capitalism anywhere in the world. What we have is cronyism . A set of people who have special rules and special laws and on top of that a central bank thatâs very stupid to believe they can print their way out and control money supply with manipulating interest rates in the long run which they always fail creating bubbles and burst along the way.
No point in blaming modi if his pals are Adani, ambani. People forget even back when congress was in power it was anil Ambani that was benefited. Cronyism exists everywhere. This same thing happenes in abroad and US too. If you look back in time back in 2001 FED chairman Alan greenspan lowers interest rate to keep economy strong and created housing bubble which burst in 2008 and literally f****ed everyone on this planet including us. AIG was supposed to go bankrupt along with Freddie Mac and Fannie mae, and what did US congress do ? âTo big to failâ duh?. AIG was bailed out , Freddie Mac and Fannie Mae became federally backed. Funny thing was Lehman brothers was given kick in the back. All this has got to with that infamous company called goldmann sacs that has lot of influence on govt.
Itâs very same in india. As a matter of fact, I wouldnât be surprised if tmrw everything of Adani and ambani went to hell that govt says too big to fail and buys up their companies and went crazy with nationalisation. This actually happened to tata back in 1953, when govt nationalised air india. Indira Gandhi forced Tataâs hand, he was reluctant to hand over air india to govt and everyone was okay because everyone was high on communism and socialism , air india over the years got ruined that bad that now modi has to return it back to Tata!
See communism and socialism donât work especially now with fiat monetary system. It was sustaining back under Bretton woods systems but it wonât now. We learnt lesson in 1991 itself when our economy collapsed. The planning commission policies have changed. Overtime PSUâs involvement will be very less!
The only question needs to be focused is what will RBI do if the economy collapses due to Adaniâs shinengans, because Adani literally grew from cheap debt from 2021 (back when interest rates were lower as per Hindenburg report which is true) . Are they gonna pivot? Lower interest rate or go back to QE?
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By this logic, even Rahul Gandhi is saint. Even he doesnât have family.
Every political party needs money to fight elections.
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exactly. that is why they are using adani to buy votes behind the scenes
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charles sobhraj also doesnât have family(wife) until he becomes 64 yr. If abve 2 legend persons are saint, the charles sobhraj must be GOD.
lol. i know you think you are trying to find logic.
Having no kids does not mean, person is saint. it just removes motive to earn money.
On the other hand, a person with out family can still have motive to capture power. (as explained by my comments)
charles sobraj is psycopath, having no family actually creates incentive for him to commit crime, because he has no family to worry about getting hurt.
so your point is moot.
warren buffett & ratan tata are not married, so they havenât kids. But they earned money, do you want to say that, they became billionaire but they didnât have motive to earn money?
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