4
This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India,' it said.
Trying hard to to capitalise on nationalism by mentioning India again and again.
https://hindenburgresearch.com/adani-res...e/
we believe India is a vibrant democracy and an emerging superpower with
an exciting future. We also believe India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation.
@getready @b4tm4n @Snapz @guest_999 @Ash-D @Ramta_Jogi @magur @Jarvis.-. @makdiman @kapaalaa
HAHAHAHAHAHAHAHHHAHAHAHAHAHAHAHAHAHAHA
We disagree. To be clear, we believe India is a vibrant democracy and an emerging superpower with an exciting future. We also believe India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation.
We also believe that fraud is fraud, even when it’s perpetrated by one of the wealthiest individuals in the world.
In terms of substance, Adani’s ‘413 page’ response only included about 30 pages focused on issues related to our report.
The remainder of the response consisted of 330 pages of court records, along with 53 pages of high-level financials, general information, and details on irrelevant corporate initiatives, such as how it encourages female entrepreneurship and the production of safe vegetables.
It's possible the team of lawyers and consultant firms holding the so called Adani House of Cards, were not aware of ChatGPT. Adani should fire all of them and use ChatGPT instead to come up with a better response. 😂
The mere fact that Adani was not able to sense the incoming bear attack speaks volumes of his overconfidence and sort of amateurish approach.
Whatever is written in the report was already known to public although the words were covered up so as to make it sound all is well. The report has just bought out all those words and marked them in bold red.
Sebi, like all Govt. agencies, Is a puppet of big business houses who are close to present government. Good thing they didn't approach Sebi first, before making their report public, else it would have just found a direct entry in trash can.
There is this 0 debt small cap company by the name of Tyche Industries. Its share price was galloping in 2020-21 due to some acquisitions and foreign investment and reached around 350 from 180. Sebi put a brake on it n sent it a notice while it chose to overlook adani Green going from 118 to 1,180 in the same time. Tyche industries had no corporate governance issues at all. Major investment houses have it on their call list and still it hasn't found ita way back after sebi notice.
This is sadly true. Adani must have sensed the bear attack but the situation was already out of his hands. Over-Inflated Baloons bursts n baloons who have spent a lot of time in limp state get a chance to get inflated.
Look at their (adani group) response, it shows all
One of them
"54 / ( Anegation # 39 ) One of the websites for Vinod Aadani-associated entity claimed “we trade in Services such as sale and delivery of an intangible product , like Service , between producer and consumer . What does that even mean ?
-Common Responses - Vinod Adani does not hold any managerial position in any Adani listed entities or their subsidiaries and has no role in their day to day affairs . As such , these questions have no relevance to the entities in the Adani portfolio and we are not in position to comment on your allegations on the business dealings and transactions of Mr . Vinod Adani We reiterate that any transactions by the Adani portfolio companies with any related party have been duly identified and disclosed as related party transactions in compliance with Indian laws and standard and have been carried out on ar m’s length ter ms."
My question is:
How one can sale & delivery intangibles (like goodwill, trademarks, patents , copyrights , franchise, ...etc?)
how they even that blatantly written in official website,?
Is there any link to download the report ?
Bhai iska hoga to kuch nhi.. survive kr jaega. Only thing is all dirty laundry is out in the open now.
Aur retail investor ab adani ke rocket me udane se pahle hazaar baar sochenge.
..
What I noticed is most influencers were telling about the issues in Adani group yesterday and today they are discussing how this is a plot against India...it is so easy....
For example, we asked a series of questions about transactions emanating from entities where Vinod Adani or the head of the Adani Group Family Investment Office served as directors.
Adani’s response claimed ignorance, stating “We are neither aware nor required to be aware of their ‘source of funds’” [Pg. 35]. It also added that it is “not in a position to comment on…allegations on the business dealings and transactions of Mr. Vinod Adani.” [Pg. 41]
In other words, we are expected to believe that Gautam Adani has no idea why his brother Vinod lent massive sums of money to Adani entities, and no idea where the money originated from.
If any of that were true, Gautam could easily clear up the mystery by calling his brother, or asking him at the next family dinner, why he has been directing billions of dollars to Adani-controlled entities through a network of opaque offshore shell entities. He could also call the head of his own Family Investment Office and ask the same.
This! 92% of the politicians and major political parties including regional powerhouses are corrupt to the core. And a good no of congrss and bjp politicians always hop from one to another during power change.. some even in gens.
But the supporters of current govt are going an extra mile to mark any criticizer as anti-national, maoist, terrorist and even target for murders.
This political scenario is same for US, Brazil and elsewhere. But good to see local Peruvians are rising against for the second time. Hope it doesn't end in tragedy like the first.
![Swiggy Instamart: Unibic Choco Kiss Cookies 500gm at ₹70 [location specific]](https://cdn3.desidime.com/topics/photos/1780439/medium/Screenshot_20240425-225254.png?1714065972)
![Pansari Kacchi Ghani Mustard Oil Plastic Bottle (Sarson Tel) 1L [location specific]](https://cdn0.desidime.com/topics/photos/1780421/medium/Screenshot2024-04-25at9.29.19PM.png?1714060899)
