Adani’s foreign shareholders mess goes deep

We looked into the antecedents of eight foreign funds with an interest in Adani group companies and what we found doesn’t look pretty

03 August, 202119 min
0
Banner image

We rarely make our stories free to read. This one is, so make the most of it.

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

Sign up for free

No payment details required

$99 for one year

Subscribe to unlock all stories
Already have an account? Sign In

You may also like

Business
Story image

Anil Ambani owes his gravy train ride to apathy, leniency

Multiple institutions have failed in their duty to pursue the litany of cases against Ambani and his companies. This has facilitated a comeback that should never have been

Business
Story image

Adani is blazing the trail in India's coal comeback

Adani Power has boldly taken on the mantle of coal power's comeback in the country. But in doing so, it faces critical risks around asset obsolescence and climate misalignment.

Business
Story image

Anil Ambani’s comeback is anything but one

The return to profitability and the deleveraging at Reliance Power and Reliance Infra are not what they’re cracked up to be. Plus, as their promoter, his past continues to haunt the two surviving group companies.