Mauritius – AVALUECREATOR

Adani does a Houdini

I honestly did not have much confidence in the intent of the SC Expert Committee report, yet since there were some eminent names such as Supreme Court judge Justice AM Sapre, OP Bhatt, KV Kamath and Nandan Nilekani, there was reason to believe the report must have substance. But the first few paras of the…More

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