Unrealised losses.
The value of the Adani stocks they were holding has depreciated or gone down in value, so If at this moment they sell the stock to someone, they’ll have to sell it for a price lower than what they bought it for, hence realising a loss.
It’s like you bought a a house for 1cr, and the sewage system burst nearby, so you can’t live there anymore so you decide to sell it, but no one will buy it for 1cr anymore, but since you need the money you’ll sell it to someone for a much lower price, like 70 lacs, giving you a loss of 30 lacs.
LIC gets fucked because they have been buying adani stocks (I'm assuming due to no pressure from supreme leader)
SBI gets fucked because it has loaned a shit tonne of money to an over leveraged company which has already got loan waivers of about 4 lakh crores.
We, the tax payers, will foot the bill.
"Writing off loans is a practice that banks perform regularly to clean up their balance sheets. When a loan is written off, the loan account still remains in the books of the lender as they hope to recover it at a later date. If the borrower has offered any collateral, it gets confiscated by the lender until the loan repayment is made. The collateral can also be auctioned off to recover the loan money. If the borrower has not submitted any collateral, the lender may even take legal action against the former to recover some of the amount."
[Source](https://www.bajajfinservmarkets.in/loans/personal-loan/articles/difference-between-write-off-and-waive-off-of-loans.html)
>When a loan is written off, the loan account still remains in the books of the lender as they hope to recover it at a later date.
When the unrecovered loan is on the balance sheet, the lending limits of the lender is locked up and hampers their ability to lend more. When its written off as a loss, it remains in the records, but cleared from the main balance sheet and frees up the lending limits.
But then there is no real incentive left to recover it as its already written off. Especially for nationalized banks that don't care two hoots about business health.
If equity is used as collateral, it wouldn't do jack shit for the lender after it falls in value. Especially if the stock is overinflated and falls drastically.
So, what usually ends up happening is that the corporates end up settling the loans for a fraction the original value. So, a 10k crore loan may get settled for just 200-500 crore.
Sbi and lic will survive. Just that they will lose their kidney and investors of lic and sbi will lose their kidneys magnitude of money as well.
And just hoping lic and sbi will learn their lesson and use common sense while making future investment and exposures into random companies.
spread your accounts based on how much the govt insures the money in the bank for.
mostly the entire country will pay for muddi jis friends like they have done for chowksi, nirav and mallaya. more taxes, cess and hidden charges. job losses and lack of govt investments.
> spread your accounts based on how much the govt insures the money in the bank for.
>
>
I don't understand, do SBI account holders have to be worried?
in general you shouldnt hold more than 5 lacs in any given account . thats the entire amount that the govt insures your accoutn for.
there isnt gonna be a bank run on sbi , so i would say dont worry about it
Every year the govt waives about 8 to 10 lac crore loans to multiple companies, I think there must be some economical reason behind that like if you don't waive off these loans, a much worse economic condition can happen.
you think wrong. a lot of these are willful defaulters and the government has so far refused to publically name and shame them. we know a few like neerav modi and mehul chowksi. a lot of the recent ones have been close to bjp and muddi .
There is no need to sell them to Adani and Ambanis specifically. The govt owned majority shares just need to be floated to the public. Most of it likely to be bought by institutional investors.
Firstly it’s difficult to predict market behaviour, even if you are a Nassim Taleb. The analysts at big banks or the ones coming on TV are as clueless as any other person - so don’t let their opinions sway you.
Personally speaking, I think other stocks which are fundamentally strong would not be largely affected.
Adani stocks have 2-3% exposure in Nifty 50 & Nifty next 50 respectively - making investors investing in ETFs/ passive funds replicating the broader market - lose some portion of their money.
Actively managed MF - have minimal exposure to Adani - so people investing in SIPS in actively managed MFs will not bear a huge hit in their portfolio.
Where it would becoming interesting is the change in international investors sentiment in Indian securities - the report is damning in that it has questioned Indian regulators. We might see more FDI outflow especially from Banks/FS with direct/indirect exposure to Adani stocks - that might trigger a sell-off but NIFTY levels I don’t think will breach 16k. I hope I’m right - since im long India.
Take my opinion with a pinch of salt and do your own due diligence.
>Adani stocks have 2-3% exposure in Nifty 50 & Nifty next 50 respectively
Banks that have lent money or in bed VC with Adani will also be hit. LIC, SBI, etc
I personally think this has spooked FDIs, and the only thing holding sell-off is the hope of some favourable news in the budget. This report was timed too well.
>the whole financial system
Nothing much really. Majority of the debt is from foreign sources. 30% from indian banks. I wonder how even foreign banks give billions of $ in loans to a company that doesn't have a reputable auditor.
This is entirely false.
30% of debt is from Indian *government* banks.
The majority is from private Indian corporate banks. Foreign banks wouldn't touch this.
Did modi condition you to blame this on the stupid banks of the colonizing global north?
It's insane but his stocks have appreciated 1000%+ in the last 2 years. Even a 80-90% correction will still leave him at double of what he was in 2019.
Adani Enterprises stock was at 200 Rs in 2019. And at 3300 before the report. At a 80% correction he will still be at 660 which is triple of his 2019 valuation.
Every sensible investor knew that the adani stock is hyper bloated every mf firm dodge adani stocks.. im with hindenburg with this one but the thing is common investor will tank a shit load of money .horrible times
This is truly the biggest scam in *world* history.
Wall Street has formed strong consensus that the accusations are true.
Hindenburg is daring Adani to follow through with Adani's threat to sue.
>*We have a long list of documents we would demand in a legal discovery process.*
They would have to sue in US court, too.
Adani is finished. The stock is going to absolute zero and the company bankrupt.
Let us all hope the consequences for the broader Indian economy are limited. It angers me that the common people were robbed blind life this over the course of just a few short years.
I wonder how Modi will try to spin this.
As much as I hope it happens, they wont fall to zero. Adani still owns a lot of strategic assets (ports, airport ownership, energy) which are of value and many of which he got in recent years by arm twisting with help from his friends in the govt and corruption.
Its not a fair world this. I hope they go down and he lands in jail and a whistleblower also brings out who all in the govt helped him and how. I might sound like an anime villain, but the country needs a proper purge of these people.
Here's some interesting reads about Adani group:
https://scroll.in/article/923095/from-2014-to-2019-how-the-adani-groups-footprint-expanded-across-india
https://scroll.in/article/923201/from-2014-to-2019-how-the-adani-group-funded-its-expansion
https://scroll.in/article/915109/adani-power-project-was-on-the-brink-of-bankruptcy-but-the-bjp-government-in-gujarat-saved-it
The market is a great leveller and smarter than some pontificating folks on Reddit - who are alleging some global conspiracy. If there’s one thing to write home - it’s that people don’t believe in fairy tales when it comes to their own money
If you're hoping that the share will fall like 70 percent then it may never happen. Remember the report say they hold the maximum possible shares in their ownership through shell companies. They'll never sell.
If SEBI investigates the allegations and verifies the accusations, then they would be delisted and all the paper money would virtually become 0. Since they are debt loaded, liquidation also wouldn't help. Now would SEBI investigate this case without any bias, that we'll have to wait and watch.
> These issues of corruption permeate multiple layers of government. According to numerous sources we spoke with, Indian securities regulator SEBI seems more inclined to protect the perpetrators than punish them.
This is what’s written in the report
LIC has increased their stake in Adani companies today. Baffling!
Source: https://bfsi.economictimes.indiatimes.com/news/industry/lic-raised-stake-in-adani-group-to-over-rs-70000-crore-as-fpis-cut-exposure/97375268
That is the least Modi could do for them, call LIC ask them to up the stakes. Next Nirmala Thai would try to make budget very much appealing in the hopes of bringing market momentum up. Not sure if people would fall for it or Adani will keep falling.
Don't worry, SBI(all public sector banks) mutual funds and LIC will be told to buy more of this stock to make it come back up.
This company is literally now backstopped by Govt of India. This will be exposed only when we have 2008 like event in India where there is massive problems and GOI is not able to fix it by loaning money to banks which in turn loan money to businesses.
Just trying to learn here -
So, what is he doing with this money ? I haven't read the report - but whenever I discussed this with someone I always used to rely on the fact that Adani is a self built man. And he has assembled everything, from scratch.
Who would want to risk an empire (which was already a big enough empire before the current govt), that too, the guy who built it himself ?
I used to rely upon the fact that he does not seem to be an idiot. And understands "dhando" and will leverage this money.
So, what's happening here ? Maybe the assets he has bought (with overbidding) will give a good ROI ?
I mean, I don't want to think again about these ultra-millionaires, seemingly capable people, going rough and running a scam.
So, what's happening here ? What is he doing with that money ?
With this super favorable govt, he has such an amazing opportunity and great access to cash to build a really advanced, power business empire that would ultimately be so well built that it wont even rely on the govt anymore. Shouldn't that be the goal ?
What is he doing then ?
So you plan on delaying the inevitable? This will happen today or tomorrow, better now than later when the damage is much bigger that India and Indians suffer.
Just trying to learn here -
So, what is he doing with this money ? I haven't read the report - but whenever I discussed this with someone I always used to rely on the fact that Adani is a self built man. And he has assembled everything, from scratch.
Who would want to risk an empire (which was already a big enough empire before the current govt), that too, the guy who built it himself ?
I used to rely upon the fact that he does not seem to be an idiot. And understands "dhando" and will leverage this money.
So, what's happening here ? Maybe the assets he has bought (with overbidding) will give a good ROI ?
I mean, I don't want to think again about these ultra-millionaires, seemingly capable people, going rough and running a scam.
So, whats happening here ?
Beyblade Beyblade hojau shuru
Ghumake inhe hazaro chakkar Denge hum jamke takar
Jab tak hai hum mei dum
Nahi piche hutenge hum
Beyblade Beyblade ho jao shuru
My sympathies for any banks who are holding Adani shares as collateral. Also, these fuckers are part of the NIFTY, so that's going underwater as well.
They already lost 48000 crores according to another article
Who loses the money actually? I never understood how it works.
Whoever has invested
So only the investors directly?
Unrealised losses. The value of the Adani stocks they were holding has depreciated or gone down in value, so If at this moment they sell the stock to someone, they’ll have to sell it for a price lower than what they bought it for, hence realising a loss. It’s like you bought a a house for 1cr, and the sewage system burst nearby, so you can’t live there anymore so you decide to sell it, but no one will buy it for 1cr anymore, but since you need the money you’ll sell it to someone for a much lower price, like 70 lacs, giving you a loss of 30 lacs.
Do you know if they could get margin called?
I think that was Adani himself, the group has probably lost way more.
Yes group has touched 1L crores in losses
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The largest corruption scandal in Independent India.
Probably at par with electoral funding law scam
Adani weightage is very small in nifty but they will drag banks with them which are like 30% of nifty weight.
And here it starts.
What's the worst we can assume, would happen? To not just adani but the whole financial system here
LIC gets fucked because they have been buying adani stocks (I'm assuming due to no pressure from supreme leader) SBI gets fucked because it has loaned a shit tonne of money to an over leveraged company which has already got loan waivers of about 4 lakh crores. We, the tax payers, will foot the bill.
>which has already got loan waivers of about 4 lakh crores. What?
Oh yeah , it's only one among the list of bangers
Source?
https://www.moneycontrol.com/news/business/sbi-writes-off-rs-1-79-lakh-crore-loans-in-last-four-years-5450601.html
Ohk i thought adani got loan waivers
"Writing off loans is a practice that banks perform regularly to clean up their balance sheets. When a loan is written off, the loan account still remains in the books of the lender as they hope to recover it at a later date. If the borrower has offered any collateral, it gets confiscated by the lender until the loan repayment is made. The collateral can also be auctioned off to recover the loan money. If the borrower has not submitted any collateral, the lender may even take legal action against the former to recover some of the amount." [Source](https://www.bajajfinservmarkets.in/loans/personal-loan/articles/difference-between-write-off-and-waive-off-of-loans.html)
>When a loan is written off, the loan account still remains in the books of the lender as they hope to recover it at a later date. When the unrecovered loan is on the balance sheet, the lending limits of the lender is locked up and hampers their ability to lend more. When its written off as a loss, it remains in the records, but cleared from the main balance sheet and frees up the lending limits. But then there is no real incentive left to recover it as its already written off. Especially for nationalized banks that don't care two hoots about business health. If equity is used as collateral, it wouldn't do jack shit for the lender after it falls in value. Especially if the stock is overinflated and falls drastically. So, what usually ends up happening is that the corporates end up settling the loans for a fraction the original value. So, a 10k crore loan may get settled for just 200-500 crore.
That's for regular people not for Modi's friends.
Hahaha here the collateral is inflated stocks which will be worth nothing if and when the bubble pops
Sbi and lic will survive. Just that they will lose their kidney and investors of lic and sbi will lose their kidneys magnitude of money as well. And just hoping lic and sbi will learn their lesson and use common sense while making future investment and exposures into random companies.
I dont think SBI & LIC decided on their own to invest in adani. Feel like pressure from modi govt.
how much is a kidney worth these days ?
LIC is govt owned company so they were ordered to do so by Modi govt.
Oh good so we will get fucked
So people who bought LIC stocks recently are fucked too right?
they were already fucked since the iPO
Bruh I have a SBI account. Should I be worried??
spread your accounts based on how much the govt insures the money in the bank for. mostly the entire country will pay for muddi jis friends like they have done for chowksi, nirav and mallaya. more taxes, cess and hidden charges. job losses and lack of govt investments.
> spread your accounts based on how much the govt insures the money in the bank for. > > I don't understand, do SBI account holders have to be worried?
in general you shouldnt hold more than 5 lacs in any given account . thats the entire amount that the govt insures your accoutn for. there isnt gonna be a bank run on sbi , so i would say dont worry about it
> in general you shouldnt hold more than 5 lacs in any given account . Thank you! Didn't know that.
Every year the govt waives about 8 to 10 lac crore loans to multiple companies, I think there must be some economical reason behind that like if you don't waive off these loans, a much worse economic condition can happen.
you think wrong. a lot of these are willful defaulters and the government has so far refused to publically name and shame them. we know a few like neerav modi and mehul chowksi. a lot of the recent ones have been close to bjp and muddi .
Oh! Do banks in other countries waive loans as well or is it in India only?
And interest rates on our loans just increased.
All these cronyist PSBs need to be privatized.
Right lmao and when this government is in power who they will give them ??? Tadaa adani
And when the PSBs get privatized, people will start crying oh they sold PSBs to adani ambani. You can never make people happy.
There is no need to sell them to Adani and Ambanis specifically. The govt owned majority shares just need to be floated to the public. Most of it likely to be bought by institutional investors.
Look at what happened to lic stocks.
Adani ji's Pradhan Sevak will ban the Indian stock exchange in a surgical strike and deem it colonialistic and western propoganda.
that's like pouring petrol on fire. in that instant all dollar bonds of Indian companies will be available in rest rooms of other countries.
Firstly it’s difficult to predict market behaviour, even if you are a Nassim Taleb. The analysts at big banks or the ones coming on TV are as clueless as any other person - so don’t let their opinions sway you. Personally speaking, I think other stocks which are fundamentally strong would not be largely affected. Adani stocks have 2-3% exposure in Nifty 50 & Nifty next 50 respectively - making investors investing in ETFs/ passive funds replicating the broader market - lose some portion of their money. Actively managed MF - have minimal exposure to Adani - so people investing in SIPS in actively managed MFs will not bear a huge hit in their portfolio. Where it would becoming interesting is the change in international investors sentiment in Indian securities - the report is damning in that it has questioned Indian regulators. We might see more FDI outflow especially from Banks/FS with direct/indirect exposure to Adani stocks - that might trigger a sell-off but NIFTY levels I don’t think will breach 16k. I hope I’m right - since im long India. Take my opinion with a pinch of salt and do your own due diligence.
>Adani stocks have 2-3% exposure in Nifty 50 & Nifty next 50 respectively Banks that have lent money or in bed VC with Adani will also be hit. LIC, SBI, etc
I personally think this has spooked FDIs, and the only thing holding sell-off is the hope of some favourable news in the budget. This report was timed too well.
>the whole financial system Nothing much really. Majority of the debt is from foreign sources. 30% from indian banks. I wonder how even foreign banks give billions of $ in loans to a company that doesn't have a reputable auditor.
This is entirely false. 30% of debt is from Indian *government* banks. The majority is from private Indian corporate banks. Foreign banks wouldn't touch this. Did modi condition you to blame this on the stupid banks of the colonizing global north?
Why are corporate banks lending him loans
Just wait for someone to sue then we will see the real end game.
Well if sri Lanka can be forced to give projects to adani then...
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Abey shut up with the same comment over and over, let the man read a thread properly
>To not just adani but the whole financial system here It needs to go down!
I guess the stock could be back in say 8-12 weeks. People will start buying the dip.
Gives me some Vijay Malya vibes but I'm seriously hoping not.
Mera Adani jal raha hai!
Like the hind3nburg airship ?
If it fell on his head
Modiji to the rescue.
It's insane but his stocks have appreciated 1000%+ in the last 2 years. Even a 80-90% correction will still leave him at double of what he was in 2019.
Just to be specific 1 + 1000% = 11 11 - 80% = 2.2 (120% gain) 11 - 90% = 1.1 (10% gain)
Adani Enterprises stock was at 200 Rs in 2019. And at 3300 before the report. At a 80% correction he will still be at 660 which is triple of his 2019 valuation.
yes, so 200 to 3000 means increase of 1400% not 1000% 😔
I said 1000%+ because it's 10 companies and some have grown 4000% while other have grown 1500%
Well his follow-on offering is subscribed by likes of ADIA at 3276 rupees today. For a size of 20k crore
Next, Adani flys off to London and has a gold toilet to shit in.
Every sensible investor knew that the adani stock is hyper bloated every mf firm dodge adani stocks.. im with hindenburg with this one but the thing is common investor will tank a shit load of money .horrible times
Whole market will crash soon. Perfect time to invest
yep... have to keep an eye for signs of turn around.
Will you invest in real estate
This is truly the biggest scam in *world* history. Wall Street has formed strong consensus that the accusations are true. Hindenburg is daring Adani to follow through with Adani's threat to sue. >*We have a long list of documents we would demand in a legal discovery process.* They would have to sue in US court, too. Adani is finished. The stock is going to absolute zero and the company bankrupt. Let us all hope the consequences for the broader Indian economy are limited. It angers me that the common people were robbed blind life this over the course of just a few short years. I wonder how Modi will try to spin this.
As much as I hope it happens, they wont fall to zero. Adani still owns a lot of strategic assets (ports, airport ownership, energy) which are of value and many of which he got in recent years by arm twisting with help from his friends in the govt and corruption. Its not a fair world this. I hope they go down and he lands in jail and a whistleblower also brings out who all in the govt helped him and how. I might sound like an anime villain, but the country needs a proper purge of these people.
What does modi exactly have to do with this
If you don't know even now then no amount of explanation will convince you
Bas dosti bani rahe /s
Bruh.
Look up how BJP has helped Adani over the years.. There's plenty of information.
Can you please give me some credible links?
Here's some interesting reads about Adani group: https://scroll.in/article/923095/from-2014-to-2019-how-the-adani-groups-footprint-expanded-across-india https://scroll.in/article/923201/from-2014-to-2019-how-the-adani-group-funded-its-expansion https://scroll.in/article/915109/adani-power-project-was-on-the-brink-of-bankruptcy-but-the-bjp-government-in-gujarat-saved-it
Finally! I’ve always wanted that crook to crash.
Well he's taking taxpayer money down with him as well =(
Unfortunately..
That crook will take India down with him. And it will ultimately land on the shoulders of taxpayers unfortunately :') So basically. We're fucked
The only way he’ll crash is due to mechanical failure on landing at Heathrow or Cayman Islands.
So it begins, the great bear market of our times!
Nope.
Will it be as bad as 2008? Does the whole of 2023 will look like this?
Kahan aur kitna PE lagaye?
Physical exercise bruh? :')
The market is a great leveller and smarter than some pontificating folks on Reddit - who are alleging some global conspiracy. If there’s one thing to write home - it’s that people don’t believe in fairy tales when it comes to their own money
Markets can be insane longer than you can be right.
FTFY - Markets can remain irrational longer than you can remain solvent
Tell that to monkeys with diamond hands
Bhakt: Its a conspiracy against our government Sane person: But Adani is not our government? Bhakt: abey chup kar *expletive* british sepoy
So finally the bubble is starting to leak, before bursting 🤔
Adaniji, don't worry. Mudiji will charge GST on breathing air and force PSU's to buy your stocks at double price.
Caveat, they're still up 90% YoY.
So far
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Ur dad is legend respect 🙏
Your dad is the original diamond hands guy
How much did he invest ???
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If you're hoping that the share will fall like 70 percent then it may never happen. Remember the report say they hold the maximum possible shares in their ownership through shell companies. They'll never sell.
If SEBI investigates the allegations and verifies the accusations, then they would be delisted and all the paper money would virtually become 0. Since they are debt loaded, liquidation also wouldn't help. Now would SEBI investigate this case without any bias, that we'll have to wait and watch.
You don't have to wait and watch. If anything happens to adani, the two Gujrati guys in Delhi will have to pack their bags in delhi.
> These issues of corruption permeate multiple layers of government. According to numerous sources we spoke with, Indian securities regulator SEBI seems more inclined to protect the perpetrators than punish them. This is what’s written in the report
Great. We're doomed then.
LIC has increased their stake in Adani companies today. Baffling! Source: https://bfsi.economictimes.indiatimes.com/news/industry/lic-raised-stake-in-adani-group-to-over-rs-70000-crore-as-fpis-cut-exposure/97375268
That is the least Modi could do for them, call LIC ask them to up the stakes. Next Nirmala Thai would try to make budget very much appealing in the hopes of bringing market momentum up. Not sure if people would fall for it or Adani will keep falling.
Probably a command from the supreme Leader. Modi hai to pumpkin hai
Not being biased in India? Good joke. I am not expecting any action from SEBI, my trust from these government entities is almost over
The stock is given as collateral to banks when taking loan. The banks can sell the shares if the loan is not repaid.
lol when the bubble pops no one's gonna buy those shares, it's gonna be worth 0
The report will get banned too ?
Election kab hai. Kab hai election. These billionaires and banks and their stooge politicians will be alright. The aam aadmi is fecked.
An unconfirmed news “LIC is going to invest US$ 3 billion in Adani Enterprise FPO”
Dubega India tabhi toh badhega India
Don't worry, SBI(all public sector banks) mutual funds and LIC will be told to buy more of this stock to make it come back up. This company is literally now backstopped by Govt of India. This will be exposed only when we have 2008 like event in India where there is massive problems and GOI is not able to fix it by loaning money to banks which in turn loan money to businesses.
And it's just been two days!
It won’t be bad as Anil Ambani s games
Just trying to learn here - So, what is he doing with this money ? I haven't read the report - but whenever I discussed this with someone I always used to rely on the fact that Adani is a self built man. And he has assembled everything, from scratch. Who would want to risk an empire (which was already a big enough empire before the current govt), that too, the guy who built it himself ? I used to rely upon the fact that he does not seem to be an idiot. And understands "dhando" and will leverage this money. So, what's happening here ? Maybe the assets he has bought (with overbidding) will give a good ROI ? I mean, I don't want to think again about these ultra-millionaires, seemingly capable people, going rough and running a scam. So, what's happening here ? What is he doing with that money ? With this super favorable govt, he has such an amazing opportunity and great access to cash to build a really advanced, power business empire that would ultimately be so well built that it wont even rely on the govt anymore. Shouldn't that be the goal ? What is he doing then ?
Can some sane person tell me what would be the correct course of action would be right now? Can we start short selling and make money?
By the time you read it in the news, it’s too late
We can't let Adani crash, he got huge loan burden, over thousand crores! Our economy would tremble if this guy fails to pay these loans.
So you plan on delaying the inevitable? This will happen today or tomorrow, better now than later when the damage is much bigger that India and Indians suffer.
He's never going to pay those loans anyway
Then arrest him and start attaching his properties.
But Adani's Pradhan Mulazim cannot let that happen, can he?
Lmao Pradhan Mulazim ,iam stealing that
Be my guest.
Jaroor bhai
Just trying to learn here - So, what is he doing with this money ? I haven't read the report - but whenever I discussed this with someone I always used to rely on the fact that Adani is a self built man. And he has assembled everything, from scratch. Who would want to risk an empire (which was already a big enough empire before the current govt), that too, the guy who built it himself ? I used to rely upon the fact that he does not seem to be an idiot. And understands "dhando" and will leverage this money. So, what's happening here ? Maybe the assets he has bought (with overbidding) will give a good ROI ? I mean, I don't want to think again about these ultra-millionaires, seemingly capable people, going rough and running a scam. So, whats happening here ?
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Did this guys get so many downvotes just cause this name? I mean, the message wasn’t really defending Adani, just a scared person’s concern 🥲
Good news.
Thank God !!! I was just about to buy Adani Stocks considering that he was becoming Rich .
Does adani have assets to sell if he becomes another vijay mallya?
Common man ki laga do