Where does Gautam Adani Go From Here? Part 2
The Morning Brief
00:00
Introduction
The near $120 billion wipeout of market value within a fortnight is certainly debilitating for the Gujarati industrialist. There are bigger actors, including the country's prime minister, whose reputation has got solid by association. But would you say at least the business fundamentals still look robust? This is no scam, right? This is not like an empty vessel. Everyone I think would agree, it's a good company with some fantastic businesses. It's an evolution where big families that are dominated markets, when they go into those capital markets, they're not such big guys. Only when we find the bottom do we find new investment going in.
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