Discover and read the best of Twitter Threads about #adanienterprise

Most recents (4)

अडानी समूह ने अपनी कुछ कंपनियों की स्वतंत्र ऑडिट कराने और, इस बात की पुष्टि करने के लिए कि, क्या समूह के, तीसरे पक्ष के साथ हुए लेन-देन, कॉरपोरेट गवर्नेंस मानदंडों का अनुपालन करते हैं या नही, ऑडिट फर्म GrantThornton - जिसकी भारतीय शाखा, GTBharat है को नियुक्त किया है।
पिछली बार अडानी समूह ने जिस 'स्वतंत्र ऑडिटर' को, इस काम के लिए रखा था, वह Shah Dhandharia ऑडिट कंपनी थी, जिसका Hindenburg Research रिपोर्ट में, जिक्र है। हिंडनबर्ग ने, उक्त ऑडिट फर्म के चार भागीदारों का उल्लेख किया है।
उनके से दो, जिन्होंने Adani Enterprises और Adani Total Gas के ऑडिट पर हस्ताक्षर किए थे, फ्रेशर्स थे और उनकी उम्र केवल, 23 और 24 वर्ष की थी। उनके पास कुल 11 कर्मचारी थे। उनका अनुभव केवल एक कंपनी की ऑडिट का था, जिसका बाजार पूंजीकरण $7.8 मिलियन है।
Read 4 tweets
#Adani Group has very little floating stk in mkt. Despit this, how was the short-selling orchestrated leading to a historic crash. My inside story

Short-selling outside India via Structured Derivatives behind the $100 billion rout
#AdaniEnterprise
thehindubusinessline.com/markets/probe-…
The probe also shows that the operation to short sell Adani shares and Indian markets may have begun several weeks ahead of the Hindenburg report, which was published on January 24, just a day ahead of the monthly derivative market expiry in India...
and a few sessions ahead of the Union Budget, when volatility is usually high. Reports can spoil the sentiments but for a fall of the magnitude seen in Adani companies, huge positions were required.
Read 3 tweets
Short Thread:

What is the similarity between
1. Azim Premji's father Hashim Premji,
2. Shabana Azmi's father Kaifi Azmi,
And
3. Javed Akhtar's uncle Majaz Lakhnavi

Think, Think, Think!!!

1/7
All these three Eminent and RESPECTED (my foot) people in INDIA:
1. Were members of Muslim League

2. Helped Jinnah in partitioning BHARAT to create Pakistan

3. Were close confidante and aides of Jinnah

And...

2/7
4. After breaking India to create Pakistan, they stayed back in India instead of leaving Bharat and moving to Pakistan.

Why? Because Plan was NOT FULLY ACCOMPLISHED!

Their strategy was to work on Phase 2 of Jinnah's plan "Ladh ke liya Pakistan, Hass ke lenge Hindustan"

3/7
Read 8 tweets
"Suicides shake India's broking community" News headlines in 2001.

Dalal Street saw people lose their jobs, leading brokerages lose trading rights & the 'Bombay Bull' broker, Ketan Parekh, facing fraud charges.

"The Same Gang is back"

#HindenburgReport #StockMarket #stocks Image
"The Gujarat earthquake was rattling, but for many, their real earthquake came afterwards", a broker.

Many people who gambled with other people's funds, with their knowledge or without, could finally smell the money - but unfortunately it was the smell of money burning.
But the better prices are too late for the players who lost so much, and thought DEATH was their only option.

Markets recovered later, Regulators vowed to tighten up trading rules & a parliamentary panel to investigate the sell-offs.

"But they were good at it,
N they are now"
Read 23 tweets

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