
Troubled shares, troubles shared: Adani and India Inc
Economist Podcasts
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Adani's Turbulent Waters
This chapter examines the financial turmoil surrounding Adani Enterprises amid allegations of corporate fraud from Hindenburg Research. It discusses the company's response to a controversial report, marked by a significant share sale despite falling market value and alleged misrepresentation. Additionally, the chapter highlights the solidarity among India's wealthy business community during these challenging times, raising questions about corporate integrity and scrutiny in the wake of global exposure.
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