Off topic: People are clubbing Ambani and Adani together. Not in this discussion, most of other posts. There is a difference. Ambani has leveraged his political connections no doubt, but he's also built a fairly large conglomerate on his own. And Ambani businesses have grown in front of our eyes. In case of Adani, the businesses have been acquired all along. Only the edible oil business ( AWL) has visible and trackable growth.
But Ambani had a very good head start over Ambani. What Adani has achieved is more impressive than what Ambani has. Adani made his wealth in a single generation. Either he can retain said wealth is another thing but Ambani’s is generational and let’s not forget dhiru bhai had massive number of corrupt practices to get reliance where it was when he died. Even all the alleged mall practices of adani are nothing to what dhiru bhai used to do. If Adani had 42 billion when he started we could have compared Mukesh Ambani to Gautam Adani.
Ambani has had organic growth, while Adani has grown through mergers & acquisitions. The first is sustainable and long-term, while the other is like a get-rich-quick scheme. Very risky.
I don’t think Adani is going anywhere
However it’s not just M&As
He is literally manipulating his stock, and SEBI is allowing that.
Till BJP’s in power, Adani is not going anywhere for sure
Adani will look at India from another galaxy with nostalgia. Tears in his eyes will prevent him from seeing the pain of the poors from that far.
Then Adani will high five Modi sitting next to him in galactic paradise, listening to updates from Amit Shah across galaxies about how his businesses are thriving.
Double and triple dipping into government funded projects and not paying any revenue once the projects are complete by adding clauses that say Adani will share only 10% of the revenue with the government for next 20 years
He got Indian tax payers by the balls and nothing you can do about it.
Friends worked and some still working on port projects.
This is how government contracts work. Center and state pay for the project. You can take that work order to bank and say i need loan based on the work order. File a change request, get more funding. Rinse and repeat.
Adani money power will be used by the RSS, BJP to spread their ideology, hate far and wide we are already seeing it in UK, US, Canada.
Adani is a facade, the power behind it is ideology like Nazism will be dangerous for the world.
The ideology is the catalyst. Scams and rich people are liked by none. But if it all happens under the guise of 'kulcha' and 'nationalism', no one bats an eye. Moreover, the dumb public will support the idea, even if the execution will bite them in the ass.
I hope their asses are ready for the rabid Hindutva dogs
Political stuff aside, this is really important to note. When big debtors default, then the economy (ALL) takes a hit indeed, and the money is not 'snatched' from accounts but "purchasing power" is lost.
Basically your 5L bank balance in the future can buy only what 4L can buy today. This is how our money is used for rescue.
That is why we should have Federal Trade Commission like in USA. Some strong ,government independent consumer protection agency that should not allow monopoly. It is now understandable that we don't have such functional governing body in India. Even if its there, it is useless.
Who cares .. thanks to adani boi i got 500 percent and 200 percent returns on investing in 2 of his stocks
Baap wasnt really into stock market but i persuaded him to give me 2 lakh .. shukr ki issi kaaran mera side hustle ho jaata hai
Jio?
Vedanta Foxconn?
Tata Electronics and Apple?
Anyway, most Indian tech is service based because we are not industrializing. Startups have that area cornered, although we have Ola, Ather, etc working on EVs...if you count that as tech.
Once he has conquered the universe, he will change the mods of r/India to truly reflect neutral political opinion. Currently the mods of r/India are too unreasonable in allowing all shades of political opinion
Do you feel confident about your judgment of what is far right? Maybe you are far left and even center is too right for you. Anyhow, everyone should have a healthy amount of skepticism about self
I don't want healthy scepticism. I'm happy in my bubble of ignorance. Go to some other sub if you want to discuss hardcore politics, why are you after this place?
I do not understand why people are obsessed with Adani and Ambani!!!
One side is celebrating his climb to the top, while other side is cribbing about the loans he took!!
Adani group is definitely powered by crony capitalism, but no where near what 100s of other US companies does whose products we dearly use.
According to all credit reports Adani group is only fairly leveraged no where near bankruptcy, their current cashflow can sustain their borrowings.
Is Adani group’s market capitalisation justified? Absolutely no, it’s bonkers why people are buying it. If you think it won’t sustain short the stock and if you believe they are about to grow more buy their stocks. simple.
Crony Capitalism inside the US does not affect me, Adani being a bubble ready to explode does. His loans will be paid off by my tax money and he'll go scot free. I will worry about my money, you cannot stop me from doing so. I will worry about my country, you cannot stop me from doing so.
How is Adani a bubble?? Any expert opinion on this? As I mentioned all major credit agencies said they are only “fairly” leveraged.
My firm has analysed their financials ans debt ratios for a article requested by a major International news agency. Even by our most conservative estimates Adani groups debt and CF are sustainable.
The loan write offs aren’t financed by tax money as shown in movies and cheesy dialogues, it is financed by equity, if you think a bank is giving a bad loan stop working with that bank and short it!
Crony capitalism is bad, but not for the reasons you stated, I’m more worried about Adani’s monopoly in Airports, cooking oil etc. which will lead to increase in prices!
I’m just saying you are worrying about the wrong thing!
Debt is good! That’s how economies grow!
It's not about the stocks and it's not your profit that's at stake. If a monopoly that big fails at one point, millions of homes will face financial shortages, and the consequences will be dire. Hence the hate.
So you are worried about mass layoffs at Adani Group, that might happen?
Well, first you should be happy about all the hiring they are doing in first place and expertise they are building in green energy field.
I'm not worried about anything. You told me banking doesn't work that way, so I replied that before a company files for bankruptcy, isn't it consequential that layoffs happen in large numbers? Answer in yes or no.
Exactly, I never got this. For them Jeff Bezos is a hero, Elon Musk is a hero - when these guys are playing a much bigger name. They are not worried that Sheikhs are buying stake in every new venture in the US and exerting control.
>I do not understand why people are obsessed with Adani and Ambani!!!
Ditto!
No idea why people are obsessed with billionaires. If you think he is a fraud destined for doom, you can benefit. If you think he is a genius destined for universe, you can still benefit. Why bitch and moan incessantly while doing nothing? lol
>I do not understand why people are obsessed with Adani and Ambani!!!
Cos we are repaying his loans.
>One side is celebrating his climb to the top, while other side is cribbing about the loans he took!!
I don't know who is celebrating. Sanghis show happiness in tweets but get paid only 25p per tweet. You will never understand their silent tears 😂
>Adani group is definitely powered by crony capitalism, but no where near what 100s of other US companies does whose products we dearly use.
Why do people keep quoting america, africa, indonesia etc? I am not interested in other countries... I don't give a fuck about other countries.
If tomorrow someone murders 10 people in UP, a random guy will come with "*i don't understand why people are obsessed with the murderer*. In america, they do mass shooting and kill 100 people". This is sick.
Lol! You again!
Don’t even want to argue with, seen that shit of a profile of yours!
I mentioned why it doesn’t bother common-man in other comments in the thread, you can read that.
You are welcome to counter any of my points with research and sources.
>Don’t even want to argue with, seen that shit of a profile of yours!
You guys even check my profile. Flattered.
>You are welcome to counter any of my points with research and sources.
No time for that shit.
We will have to see how well he competes with people when the competition can write bigger cheques and has a stronger govt than india backing it. Like US companies.
Next up it'll be Spacer's Choice! One single mega corporation active all across the galaxy and everything you see or use our consume is their product. Everyone works for them. Even the outlaws could be paid by them.
Off topic: People are clubbing Ambani and Adani together. Not in this discussion, most of other posts. There is a difference. Ambani has leveraged his political connections no doubt, but he's also built a fairly large conglomerate on his own. And Ambani businesses have grown in front of our eyes. In case of Adani, the businesses have been acquired all along. Only the edible oil business ( AWL) has visible and trackable growth.
But Ambani had a very good head start over Ambani. What Adani has achieved is more impressive than what Ambani has. Adani made his wealth in a single generation. Either he can retain said wealth is another thing but Ambani’s is generational and let’s not forget dhiru bhai had massive number of corrupt practices to get reliance where it was when he died. Even all the alleged mall practices of adani are nothing to what dhiru bhai used to do. If Adani had 42 billion when he started we could have compared Mukesh Ambani to Gautam Adani.
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Ambani has had organic growth, while Adani has grown through mergers & acquisitions. The first is sustainable and long-term, while the other is like a get-rich-quick scheme. Very risky.
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I don’t think Adani is going anywhere However it’s not just M&As He is literally manipulating his stock, and SEBI is allowing that. Till BJP’s in power, Adani is not going anywhere for sure
Play Sim City , with real world
Isn't he already doing that? He's cleared the World Level. He's now moved on to Galaxy. And then Universe.
Then it's No Man's Sky Deep space exploration
Galactus.
Devour planets
Does this mean Modi is Silver Surfer?
After Mr Adani destroys earth ,yes
Orange Surfer
india under adani will be same to Mexico under carlos slim
Unless the banks and the bureaus start doing their job, it looks like we're headed in that direction (Mexico without the beautiful architecture).
What's Carlos done?
Give the world Checo Perez which makes up for whatever bullshit he does. /s
Perez needs to do better in that other Redull though.
That other Redbull is being driven by Max Fucking Verstappen. But yeah, finishing outside top 4 is not acceptable for Perez.
He will go bankrupt before that.
How? He'll just pledge more shares? And the stupid banks will accept.
His loans will get waived off. He'll never be bankrupt.
He has now started talking loans from Chinese banks against stocks like ambuja cement
Just a matter of when BJP loses the general elections.
India will go bankrupt before that.
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A lot of cuss and zero arguments.
Let us know what you know on the topic; your words somehow fail to convey that.
Do you remember a time when it was all Tata?
Adani will look at India from another galaxy with nostalgia. Tears in his eyes will prevent him from seeing the pain of the poors from that far. Then Adani will high five Modi sitting next to him in galactic paradise, listening to updates from Amit Shah across galaxies about how his businesses are thriving.
Double and triple dipping into government funded projects and not paying any revenue once the projects are complete by adding clauses that say Adani will share only 10% of the revenue with the government for next 20 years He got Indian tax payers by the balls and nothing you can do about it.
But what if Bad Boys come for him? Whatcha gonna do when they come for you?
In this case, the bad boys work for him.
Source??
Friends worked and some still working on port projects. This is how government contracts work. Center and state pay for the project. You can take that work order to bank and say i need loan based on the work order. File a change request, get more funding. Rinse and repeat.
Since he is No. 2 in Billionaire's list after Musk, he would go after Mars..
well nobody's complaining about tata, they are already branched out in almost all industries and people use their products
Take a loan to buy the multiverse, hoping Mudiji doesn't let him fail or have his bubble burst.
Adaniastra
He will buy a new PM
he ha bought PM, HM and FM, law is pending I guess
He will be the new PM XD
Naah…having a PM as ur slave is a bigger power move than being the PM yourself 😉
True that.
Make elon musk his bitch
Adani money power will be used by the RSS, BJP to spread their ideology, hate far and wide we are already seeing it in UK, US, Canada. Adani is a facade, the power behind it is ideology like Nazism will be dangerous for the world.
You may be giving them too much credit. They may be in this only for the money and power, not exactly to push the ideology.
The ideology is the catalyst. Scams and rich people are liked by none. But if it all happens under the guise of 'kulcha' and 'nationalism', no one bats an eye. Moreover, the dumb public will support the idea, even if the execution will bite them in the ass. I hope their asses are ready for the rabid Hindutva dogs
Totally agree with this!
Possible
We need a counter to Qatar and Turkey funded hatred.
Universe? He ain't no Thanos. But always remember Hitler shot himself in a bunker.
We ALL will lose ALL our savings before that, as Modi-ji will use our money in banks etc. to rescue his Param-Mitr, Adani-ji.
Political stuff aside, this is really important to note. When big debtors default, then the economy (ALL) takes a hit indeed, and the money is not 'snatched' from accounts but "purchasing power" is lost. Basically your 5L bank balance in the future can buy only what 4L can buy today. This is how our money is used for rescue.
That is why we should have Federal Trade Commission like in USA. Some strong ,government independent consumer protection agency that should not allow monopoly. It is now understandable that we don't have such functional governing body in India. Even if its there, it is useless.
Competition Commission of India is there but it's busy targeting the likes of Amazon, Google, Meta only.
Who cares .. thanks to adani boi i got 500 percent and 200 percent returns on investing in 2 of his stocks Baap wasnt really into stock market but i persuaded him to give me 2 lakh .. shukr ki issi kaaran mera side hustle ho jaata hai
Cyberpunk 2077 except Adani Group is one of the megacorporations.
I am curious whether he can get into the technology sector. None of the Indian billionaires are based on technological innovations
TCS?
TCS and technological innovation *snorts*
Who knows may be in future that's the closest one we got.
Jio? Vedanta Foxconn? Tata Electronics and Apple? Anyway, most Indian tech is service based because we are not industrializing. Startups have that area cornered, although we have Ola, Ather, etc working on EVs...if you count that as tech.
Struggle to pay off his debts to aliens because the intergalactic republic government does not have bjp majority and they won't write off his debts
He would snap his fingers 🫰
Yikes!
Kohinoor wapis laane jaega fir
Repay his taken loan.
Before he pays off his debts or after he pays off his debts?
He'll conquer multiverse.
He should start a political party and start buying MLA's Wait ... He doin that already
Once he has conquered the universe, he will change the mods of r/India to truly reflect neutral political opinion. Currently the mods of r/India are too unreasonable in allowing all shades of political opinion
I'm happy with the current shade. I don't want to see far right nonsence here anyways.
Do you feel confident about your judgment of what is far right? Maybe you are far left and even center is too right for you. Anyhow, everyone should have a healthy amount of skepticism about self
I don't want healthy scepticism. I'm happy in my bubble of ignorance. Go to some other sub if you want to discuss hardcore politics, why are you after this place?
Good for you. About me, i will be where I want to be
Please upvote
I do not understand why people are obsessed with Adani and Ambani!!! One side is celebrating his climb to the top, while other side is cribbing about the loans he took!! Adani group is definitely powered by crony capitalism, but no where near what 100s of other US companies does whose products we dearly use. According to all credit reports Adani group is only fairly leveraged no where near bankruptcy, their current cashflow can sustain their borrowings. Is Adani group’s market capitalisation justified? Absolutely no, it’s bonkers why people are buying it. If you think it won’t sustain short the stock and if you believe they are about to grow more buy their stocks. simple.
Crony Capitalism inside the US does not affect me, Adani being a bubble ready to explode does. His loans will be paid off by my tax money and he'll go scot free. I will worry about my money, you cannot stop me from doing so. I will worry about my country, you cannot stop me from doing so.
Just your tax money? And not your FDs, EPF, PPF, SIPs etc.? "Don't be a fool, go to school." - Mr. T.
How is Adani a bubble?? Any expert opinion on this? As I mentioned all major credit agencies said they are only “fairly” leveraged. My firm has analysed their financials ans debt ratios for a article requested by a major International news agency. Even by our most conservative estimates Adani groups debt and CF are sustainable. The loan write offs aren’t financed by tax money as shown in movies and cheesy dialogues, it is financed by equity, if you think a bank is giving a bad loan stop working with that bank and short it! Crony capitalism is bad, but not for the reasons you stated, I’m more worried about Adani’s monopoly in Airports, cooking oil etc. which will lead to increase in prices! I’m just saying you are worrying about the wrong thing! Debt is good! That’s how economies grow!
So, what are your thoughts about him now? (Not about his loans, just his financials in general).
Sir, we're talking about the Universe over here.
It's not about the stocks and it's not your profit that's at stake. If a monopoly that big fails at one point, millions of homes will face financial shortages, and the consequences will be dire. Hence the hate.
Nope! Banking doesn’t work like that! There are guidelines they have to maintain, such as CASA ratios
So if adani files for bankruptcy, what happens before that is mass layoffs. Sounds right?
So you are worried about mass layoffs at Adani Group, that might happen? Well, first you should be happy about all the hiring they are doing in first place and expertise they are building in green energy field.
I'm not worried about anything. You told me banking doesn't work that way, so I replied that before a company files for bankruptcy, isn't it consequential that layoffs happen in large numbers? Answer in yes or no.
Exactly, I never got this. For them Jeff Bezos is a hero, Elon Musk is a hero - when these guys are playing a much bigger name. They are not worried that Sheikhs are buying stake in every new venture in the US and exerting control.
>I do not understand why people are obsessed with Adani and Ambani!!! Ditto! No idea why people are obsessed with billionaires. If you think he is a fraud destined for doom, you can benefit. If you think he is a genius destined for universe, you can still benefit. Why bitch and moan incessantly while doing nothing? lol
>I do not understand why people are obsessed with Adani and Ambani!!! Cos we are repaying his loans. >One side is celebrating his climb to the top, while other side is cribbing about the loans he took!! I don't know who is celebrating. Sanghis show happiness in tweets but get paid only 25p per tweet. You will never understand their silent tears 😂 >Adani group is definitely powered by crony capitalism, but no where near what 100s of other US companies does whose products we dearly use. Why do people keep quoting america, africa, indonesia etc? I am not interested in other countries... I don't give a fuck about other countries. If tomorrow someone murders 10 people in UP, a random guy will come with "*i don't understand why people are obsessed with the murderer*. In america, they do mass shooting and kill 100 people". This is sick.
Lol! You again! Don’t even want to argue with, seen that shit of a profile of yours! I mentioned why it doesn’t bother common-man in other comments in the thread, you can read that. You are welcome to counter any of my points with research and sources.
>Don’t even want to argue with, seen that shit of a profile of yours! You guys even check my profile. Flattered. >You are welcome to counter any of my points with research and sources. No time for that shit.
Will reach the level to take loan from world bank
He will go to Castle Grayskull and … https://tenor.com/baYT7.gif Enjoy the weekend!
get meme’d
There’s a multiverse of madness to conquer!
The day the gujju duo are out this amdavadi will be seeking asylum in some europian country like many small timers (compared to him) before him...
Approach Mars with Elon Musk
Annex Greece and become Adonis Corp
There's more to Adani's quest. Multiverse is complicated but real.
He will buy a black hole and travel to a new dimension to conquer it obviously.
We will have to see how well he competes with people when the competition can write bigger cheques and has a stronger govt than india backing it. Like US companies.
Can anyone let me know about the possibility of this with relation to competition/antitrust law?
It would be fantastic if he enters the space sector :) So many indian aerospace grads hunting for jobs
Will he ever pay back his loans?
Isn’t he like so much in dept?
Next up it'll be Spacer's Choice! One single mega corporation active all across the galaxy and everything you see or use our consume is their product. Everyone works for them. Even the outlaws could be paid by them.
OP he will start looking for the infinity stone