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How India's Adani Group Lost Billions Overnight

Ones and Tooze

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What Does Adani's Career and Wealth Tell Us About the Indian Economy?

What does Adani's career and his wealth tell us about the Indian economy in general? I mean, what kind of capitalist country is this exactly when we're talking about India? It's very interesting question. The upside story is that it's a South Korean style system where you have these very, very powerful conglomerate families. Fears are that crony capitalism could shift ever more towards a Russian development.

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