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After #HindenburgReport, Adani group was ridiculed, shamed and branded as 'fraud' by Westerm media and experts.
Now, after #siliconvalleybankcollapse same Media houses and experts have changed narrative.
A thread 🧵
Now, after #siliconvalleybankcollapse same Media houses and experts have changed narrative.
A thread 🧵
1. Credibility Test
👉 Adani Group stood its ground, repaid $2.15-bn debt before time.
👉 Silicon Valley Bank CEO, CFO and CMO sold +$4.4MM in stock over the last 2 weeks.
Guess who was labelled as fraud by Western Media❓
👉 Adani Group stood its ground, repaid $2.15-bn debt before time.
👉 Silicon Valley Bank CEO, CFO and CMO sold +$4.4MM in stock over the last 2 weeks.
Guess who was labelled as fraud by Western Media❓
2. Rating Firms
👉In February, Credit Suisse halted acceptance of Adani Groups bonds citing the business malpractice.
👉Now, Credit Suisse has itself been suspended from trading. Its share has plummeted 34.59%.
Shouldn't they practice what they preach ❓
👉In February, Credit Suisse halted acceptance of Adani Groups bonds citing the business malpractice.
👉Now, Credit Suisse has itself been suspended from trading. Its share has plummeted 34.59%.
Shouldn't they practice what they preach ❓
