One of India’s biggest conglomerates has seen $100bn wiped off its value in recent days.
The meltdown in Gautam Adani’s business empire started when an American short seller accused the group of fraud.
Once the second richest man in the world, Adani said he called off a $2.5bn share sale because of the fluctuations in stock price.
Al Jazeera’s Pavni Mittal has more from New Delhi, India.
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#GautamAdani #Adani #AdaniGroup #AdaniCrisis #AdaniEnterprises #Adaniscam #HindenburgReport
Incredible India 🇮🇳, capital of scam call centers
Scammers will be scammers
Indian hindus mean scammer
@Arv C but unfortunately most of the scammers are from India. Almost 70-80% scammers are Indians. So I get it why India got this bad name
Then whites are pedophile and school shorter, child killers
@ANIME MOMENT almost 99.9 percent suicide bomber from peaceful religion 🕋 astagfurllah
Suicide bombr.. will be sui. De bombr…
Chutiya Adani is the Gold Standard in Indian Corruption.
👏👏👏👏👏
Fraud
Nani
As an Indian, I wonder if the Indian government will use their power to ban all information on the ADani group? A lot of my fellow Indians were saying it was a it was anti India (BBC doc) and now the same words are being copyied and pasted by Gautam Adani. It is never anti-India when someone asks tough questions like the BBC and the Hindenburg Research LLC. A lot of Indian investors have got their investment in the firing line now.
@A RANDOM GUY Yes, I have heard of ‘The Spectator’. That media outlet is one of many and that story had no traction. You claim the whole of BBC is funded by Huawei is what was laughable along with the ulterior motive. That little piece has been used by Modi’s supporters to link conspiracy theories which has eroded the image. The same people are going to get hurt if if they wealth goes down by the Adani affair because they know they cannot do the same thing. I will never lessen a country but what you was saying was something out of fantasy land and made India the most important country in the world. My Bharat has a long way to go but living in a fantasy world and not facing up to the realities will make it difficult to move with times. Yes, I am a BJP supporter but I do not share the extreme right wing hatred or make out that India is something that it is not. Jai Hind.
@Arv C aah, WTF? If there’s report against a biased media outlet who known for comment against india, that have no traction but BBC have.
And I’ll suggest you to first go and study, because I don’t know how you understand investment as whole of BBC is funded. I don’t told that whole of BBC is funded by huawei but they got a big investment from Huawei.
And if you ignore that aspect, there’ll be still many that i mentioned. Like of timing, if they have proof then why not they are going to judiciary, if they not believe indian or any judiciary of any country including their own, then there’s still option of international court.
And already i have no expectations from BBC. Do you know why? Because they are the same who try to target india all time. Let me give a example, do you know they are the same who told india have a large poor population then why are they continuing space missions, and this is not old news but just after launch of chandrayan. But there’s still a funny part, do you know what? What you think, in which language they published that? Hindi? English? Ya, but still in many other language like Japanese. So, can you tell me that telling other nations that india is continuing it’s space missions when they have poor population, what it means?
It’s just tip of iceberg.
@JOHN Than why are the Indian authorities and various departments have sprung into action if everything was clean? Remember there are vast number of Indian investors like myself and if we rely on the financial statements they issue every year. If those statements are not a ‘fair representation’ of the performance and the position of the company than they failed the Indian accountancy bodies and the auditing bodies. My rupee tanked and I am not happy so please leave this bullshit anti-India rhetoric thing. A lot of people were saying the same thing when those children died in a country in Africa due to the toxic cough medicine made in India.
@Arv C One or two instances does not make history. Western media uses people like you to spread all the fake things. They have asked questions and they are unable to submit any proof? Where is the proof?
American answer to India for standing shoulder to shoulder with Russia.
😂
@MRK Khan but not like your pig 🐷 country for sure
😂🔥
@Sri Ganesan ….
You forgot to mention your Cow Country here …. By the way when you & your World Largest Cow country is going to claim copy rights of whole World Cows? 🤣😂😛
@MegaBased butcher Chad 🇮🇱⃠ …
😜🤪😝💀☠
@MRK Khan As a person from the rich, beautiful and peaceful country of Pakistan, the situation for people here is very tough during this winter season. Due to a shortage of electricity, people are suffering in the cold and food is very expensive to buy. We are also storing LPG gas in plastic balloons, which I fear may burst someday without Allahhu Akbar warning. I have been chasing wheat trucks for a month but have not received any wheat. I was even pushed into a gutter.😭 Turkey Kindly donate so I may live a good, healthy, and rich life. Salam. 🤲🏿
Its not a war with India its war with adani as he’s cheating and looting people read the fu***** report and then see for yourself
Only gujrati conglomerate not Indian .
Hey, shut your mouth and get lost.
So Gujratis aren’t Indians anymore?
Adani dead (moodi) ——.
..he will be come with more power again
@GOVERNMENT SHOULD PLANT TREE atnkwadi yaha bhi aagye…oye Pakistani mulle ….4-5 din ruk adani phr se ashman pe hoga….tera allaha mera “tatti” khayga…
@GOVERNMENT SHOULD PLANT TREE lmao you don’t know nothing he has way to much to put in front what’s being showed you won’t get get nvm
@Satyam Singh adani be like yeh kaun hai jise mere bare main mujhse jyada pata hai 😂
@GOVERNMENT SHOULD PLANT TREE yes understand how the business works agar Adani itna hi delicate bubble hota to koi bank usse loan nahi deta despite all the pressure yeh koi Bollywood movie nahi hai jaha harr jaga corruption angle laga dega uske stock holding 73 percent uske pass hi hai kitna bhi shorting karlo nahi girerà bas thode time ke liye value down uske badd back to normal ha company nai bohat bullish kiya like stock ki value bohat bada di but isko hi volte hai business koi illegal move nahi hai bas morally correct nahi hai retailer ke liye but jo hinderburg kar raha hai vo bhi uske profit ke liye vo koi justice nahi hai shorting company hai usko bohat profit hai yeh Chutiya ko nahi samjega vo bas Khel gaya time sahi tha
Inshallah
Israel planning remember
Modi have zero brain
He is puppet of adani and ambani
Bech day!
I bet, Adani now has to sell back the Haifa port for a fraction of the price back to Israel.
no, Modi will pay off his debts. Time to sell more Airports, Ports and Railway stations to increase Adani’s profits.
Haifa Port belongs to the Chinese and not Gautam Adani.
@Sujoy Ghosh lol 😷😷
@vemaraju 🔪🔪🔪kill me please i can see people can go so dumb just to feel good about themselves
@Sujoy Ghosh 💀💀💀💀💀💀💀💀🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
100: Billion or Uyghurs!! Slaves of China!!
The real culprit and kingpin is the ‘King’ himself. Characters like Adani / Ambani are just tribal proxies.
Cry us a river lol
@Vivek Nair they are 1% of Employers who own everything. Even your future wife.
@Aman seems like you have plenty of experience from people owning women in your family 😂
What about the drugs at Adani port???
Chodi ji might unfriend him
100 billion in a week never heard that before
🤡🤡 then you know nothing its just pleasing to see people getting WhatsApp certified knowledge 👍
He looks like a cartoon character
@R John lol ashramchaap pajeet first buy a proper soap u clean ur self lol 😆 😂 🤣
@R John gandupati bappa chutiya teri Randi maya ko suar chod diya lol 😆 💖 😂 🤣
@R John gay shiv gandu teri Randi maya ko chode pandu lol 😆 😂
@R John gandupati bappa chutiya teri Randi maya ko suar chode diya
@R John gay suar raam teri Randi maya ko chode asaraam lol 😆 😂 💖
Scammer nation.
@Muneeb Ahmad saying a toilet less hospital less beggar proki🤣who beg even medical visa from India
@muhammad son of pig🐽🐷 pigambar 😂😂 whiny street-pooper
@Muneeb Ahmad Qamar MC..Bhiieeqqmangastaani jaheeiil…your poppat mohabbat recommends camel m00t for his MC followers…you dont know bhiieeqqari?? Read Sahih Bukhari 5686😍😍😍🤣🤣
@Muneeb Ahmad I work as a toilet cleaner in Bollywood but my dream is to give freedom to Kashmiris and Palestine A random pakistani singer Atif Aslam 🤣🤣🤣
@muhammad son of pig🐽🐷 pigambar you’re a pooper-scooper? i’m not surprised. 60% of indians are pooper-troopers. The rest are scammers. Good luck!
We will come back very soon.
Kahaan se aayega? From under a rock?
Just like Adani’s data is fraud, so is Modi’s data. The world should boycot Modi along with Adani
Lol..i guess..this advice is for Pakistani..they are banned from everywhere..
Hi, this action is against Adhani’s corruption and stock fraud. He should remember it entire life. Otherwise he would be in a serious consequence. Don’t play game with public money in the stock market please . Bye
The bubble has burst but adani will get public bank loans coz he is supporter of Modi..
This all is temporary..adani will come back strong..inshallah
No it will not gonna happen bro. 60% adani worth is of international loan. International lender is not gonna help him anyway
Fraud
Again tele prompter
Modi and his friend fraudster Adani looting India
Fraudi Indian thugs! When you’re mates with modi, you know there is cruption involved.
Your pain is known..but this will not stop India progress…Adani will come back strong..wait for few weeks..
Modi should resign now
once Again In 2024
pakistan failed state chinese colony.
How much assets does the company have?
Before or after the group ‘s debt? Why don’t you read the Hindenburg report? It’s independently researched and has used publicly available information.
@Bill Linehan unfortunately i do not have time to read that report, I do want to know how much debt they have as well, but debt is a regular part of business operations. So I would like to know the amount of assets and the amount of debt.
@Vish Cornelius yeah the stock dump is crazy.
@Marcus Garvey If you can’t work out the assets from the groups accounts, that in itself is usually a red flag. Hindeberg are prepared to stand by their analysis.
@Marcus Garvey he can still buy u bread n AfriScums need to learn from him who he went from newspaper boy to a billionaire lol 😆 😂 🤣
All attempts to stop India..but as usual they all will fail.. This decade belongs to India and no one can stop it..
Oh the nationalist card
@Vivek Raja let’s talk within 2 weeks.. this all will be cleared.. indian can go to USA and become CEO..but if indian want to grow in India..Thats not allowed in west..this all effort to damage india reputation as much as possible in 2023 and 2024.. first bbc on Modi..then Adani..wait for another masala in coming months..
@Vancqa they maybe become CEO of some company (doesn’t matter how big of a company it is ) but still owner will be someone else.
as a pure bred hendu indiyon… i suggest we give him a cup of cowie peepee to help him through this mess
*All mu$lims seem to be happy after seeing this*
All andh bhakts sad to see this.
They are anti Indians that’s why BJP is in power
Why tho?
pislamic beggers
A fraudster is trying to bring in nationalism here .. he knows that majority of Indians are blind fools
There is a regulator established to check all this scam in india??? ( fyi sarcasm).
A country found by scammers, run by scammers. A country that will be dismantled by scammers.
Go to India and you will find everyone trying to extract money from you, from hotel owners to taxi drivers, from road side street vendors to airline companies, from their minsters to business tycoons. Scamming is like a natural property in them. When in India you are always on a survival mode and yet these evil Kпitwits will extract something from you.
Look who’s speaking. Karunanidhi a scammer herself. Irony!
But it is gujju bhai Adani who is under the radar ….
So true, I also had a similar thought the moment I saw her speaking…
I am so happy to hear this news coz Modi gone wrong
🤡🤡🤡 wow very nice 👍 eek half fry bheja laga do
India been acting strong like they don’t need the west. Especially America.
But people forget… America is the world’s consumer.
Get caught then preach action path of morality, pretty surprising if the group dealings including Elara Capital like entities were not already known to SEBI or other Indian financial authorities.
Being victim of iam happy adani invested in radical hidutva politics and supported BJP for there nationalist hindutva…
Suicide bmmmbr detected opinion rejected
Time to go to cbdcs
Investors should Confiscate Adani passport, chances for running like that of Nirav Modi and Vijay Mallya
Many problems one solution
Boycott Pathan
Boycott BBC documentary on gujrat
Now Boycott Hindenburg report 😂…..lololololololol ………….lol
Modi’s good friend – both work hand in glove with each other…. Poor Indians are duped in believing in this PM. He’s bought up everything with public money!! 😭😭😭
How can an Indian conglomerate involves in basic port-gas-utility businesses had its stock appreciated over 500 times since 2002 and 66 times since 2016? It took Apple company 10 years to see their stock appreciate 10-13 times. Did Adani invented any great products that attracted and sold to the whole world i.e. Iphones or tesla cars???
No. He is a close friend of Modi – the Butcher of Gujarat who grabbed the PM office of India. Any big contact in India goes either to ADANI or AMBANI, both of them Modi’s political party’s biggest funders. Obviously.
India is fake nation
Adani and Modi are like Mafia running this country. We are destined to doom with this Billa Rana combo 🙏🏻
He states outright that his only motivation is profit (his investors). Nothing else.
All gujjus are not fraud but all frauds are gujjus
It is not adani who is loosing, it is the country and its people who suffer. It is a loss of image of the country. Huge damage to the nation. They must be labeled anti national ..
He have potential to sell chicken only instead of called business
Once a Scammer Always A Scammer this is literally something that is in their blood they’ll literally scam just to live a life and they scam as if they’re doing charity and their religion is also famous for alot of scams e.g: Brahma,krishna,hagumaan,sita and ram,ravan, and Many more
Put in jail him same like Satyam technology founder raju….who exaggerated fake reality
All are looted people even ambani also same category by misuse political power to make binami modi
First time I heard speaking in public well done finally you unlocked the top millionaire s secret locker
This is why zakir naik didnt wanna go to india for trial, india is as corrupt as it gets.
Scammer
Don’t think it’s making any difference to him.The shareholders are the real sufferers.
Indians modi government involved this froud.
how Adani enterprises manipated share price today?
Adani market cap 150 billion
Total market cap of pakistan Karachi stock exchange (world fourth worst liveable city Karachi) 40 billion 🇵🇰🇵🇰🤣🤣🤣
Adani ki maa ch**da gayi 😆😆😂😂😂
🤣🤣🤣🤣🤣
ADANI is a national liability to India but being projected as India itself. Shameful. All because his Genocidal friend – Modi is the PM and his party keeps India under their iron grip.
He is simply a front man for PM Modi!
interesting timing lol..this has nothing to do with his business but more to do with America flexing its economic prowess to punish India for taking sides with Russia…Most of the average sheep on social media cant think that critically
Dubious guy
He brought the port in Israel, wait the jews allow that to happen.