February 2023 – AVALUECREATOR

Adani Allegations Demystified

Part 2: Creation of the Adani empire
In a series of blogs, I continue to unravel Adani’s enigmatic rise to becoming the world’s 3rd richest man and within weeks crashing down to being the 17th richest man as a result of a slew of allegations. While in the previous blog I clarified the nature of Adani’s shareholding in its public entities, with specific focus on the offshore holdings,..More

Adani allegations demystified

Part 1: The Offshore Connection
I was a bit perplexed with all the hoopla over the Adanis in the recent weeks. In this blogpost I hope to cover a few key themes on concerns about the company in the media.

Firstly, does Adani have any offshore connection. There is absolutely no mystery to me. They have direct offshore links…More