Gautam Adani fails to calm investors as market wipeout hits $100 billion | CNN Business

“For me, the interest of my investors is paramount and everything is secondary,” the 60-year-old businessman said in a recorded video address posted after he abruptly abandoned a $2.5 billion deal to sell new shares in his flagship company, Adani Enterprises, just 24 hours after it was sealed.

Chowdhury said that investors would now be “skeptical” about accounting practices at all Indian firms, while Mukherjea said his clients are already asking more questions. “Naturally … they are requesting us to do a bit of hand holding with regards to how accounting and corporate governance works in India,” Mukherjea told CNN. Adani is seen as a close ally of India’s prime minister. And opposition lawmakers have begun asking for a probe into the Hindenburg report.

Might just be a prelude to CNN's and E-Loons Twitter future, unless there is a course change and quick. The game may be subtle, but still obvious for those with open minds and eyes that see.

We were warned ages ago about this man, did we listen, NO.

BRAZIL: Senator Marcos do Val says Bolsonaro had plans to record a conversation with Big Alex to frame him and stay in power through a coup. Biden protects Bolsonazism.

We're having a difficult time feeding our family due to Biden Inflation. For some reason, Biden finds it ok to give thousands of illegal aliens a check for $1400.00 of our money out of our pocket. ImpeachBiden

This is international organised crime and sabotage against Adani and it's the USA and her cohorts

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Adani market losses snowball to $100 bln on shelved share saleIndia's Adani group shares sank on Thursday after market turmoil forced the conglomerate to axe a crucial $2.5 billion stock offer, deepening its market losses to more than $100 billion and sparking worries about the potential systemic impact.
Source: Reuters - 🏆 2. / 97 Read more »

Adani's market losses top $100 bln as shelved share sale spooks investorsIndia's Adani Group shares sank after market turmoil forced the conglomerate to axe a crucial $2.5 billion stock offer, deepening its market losses to more than $100 billion and sparking worries about the potential systemic impact GautamAdani when u r cancelling FPO means u all of sudden come to know that money not needed then why initiated FPO? What was to be done with Crores or rupees? Smelling stale? ZeeBusiness CNBC_Awaaz ETNowSwadesh scammers AdaniGroup AdaniEnterprises HindenburgReport
Source: Reuters - 🏆 2. / 97 Read more »

Adani's market losses top $100 bln as crisis shockwaves spreadAdani's market losses swelled above $100 billion on Thursday, sparking worries about a potential systemic impact a day after the Indian group's flagship firm abandoned its $2.5 billion stock offering.
Source: Reuters - 🏆 2. / 97 Read more »