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Omryn814 t1_j6hca1y wrote

Reply to comment by [deleted] in Adani claims US investment firm’s fraud allegations are an ‘attack on India’ | Adani Group by chilladipa

How does that alter anything? It is an attempt to use nationalism to rally support. The full response does present answers to the investigation but I don't know if those answers are legitimate or adequate. But I do immediately question the credibility of anyone that uses nationalism to attempt to deflect criticism.

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[deleted] t1_j6hek66 wrote

[deleted]

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DesiOtakuu t1_j6hzvlb wrote

Isn't it reality though?

For all purposes, Adani group has been acting as a chaebol to Modi's BJP government. They now own practically everything, from ports to power. And they ensure the BJP government is well funded to win elections.

But isn't it unfair for other industry colgomorates? L&T, Tatas and other industry houses contributed a lot to the infrastructure growth, yet are discriminated against in this setup. Public banks financed by Indian citizens are being used to boost up Adani shares; that's akin to putting all eggs in one basket.

The free market exists for a reason. Let Adani face the heat and the shares downsize to a more appropriate price.

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