American short-selling institute Hindenberg Research Report’s damning report against the Indian billionaire tycoon Gautam Adani and his companies rocked the Indian political and economic scene last year. They revealed how Adani uses his obscure offshore companies to manipulate India’s stock market. In the run-up to the Indian parliamentary election, the opposition INDIA bloc effectively used […]
Tag Archives: Ambani
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Jun
Jun
Indian businesses, especially the so-called ‘too big to fail’ ones, are drowning in debt and are failing one after another. Here is a list of few of these businesses: First, the IL&FS default and insolvency. Also, DHLF, another giant housing finance company, is also near default. Second, Baba Ramdev’s Patanjali is struggling hard with slower […]