Adani Fallout: How Will It Impact India? Can The Mega-Corp Recover? What's The Political Blowback? |
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Gautam Adani is facing the biggest challenge of his career and currently he must be far from happy. On January 24, the New York-based Hindenburg Research came out with a sensational report that levelled a series of allegations against the Adani group. It accused the Group of among other things indulging in stock-market manipulation, accounting fraud and using offshore shell companies to artificially raise its share value in violation of Indian laws. In the latest episode of Nothing but the Truth, @Raj Chengappa decodes how it will impact India, if the mega-corp can recover and what's the political blowback?
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