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Adani rides out storm as investors rally behind $2.5 billion share sale

https://www.cnbc.com/2023/01/31/adani-rides-out-storm-as-investors-rally-behind-2point5-billion-share-sale-.html

@BitwardenShill commies BTFO again can you stop losing for one second?

:marseysmug6:

Key bits

Although the 30% anchor portion of the issue had been subscribed fully last week, the book building process of India’s largest secondary share sale had only 3% in bids on Monday, amid concerns it could struggle due to the rout in Adani’s stocks.

But on Tuesday, the overall share sale was fully subscribed as foreign institutional investors and corporates pumped in funds, although participation by retail investors and Adani Enterprises employees remained low.

Sheikh cels to the rescue :marseyclapping:

https://old.reddit.com/r/india/comments/10prul9/the_blind_nationalists_are_fighting_for_a/

This guy has literally put innocent common man’s money in jeopardy and doesn’t it qualify him to be a Anti- National and Anti-the religion for which the Gulams are rooting for?

Noooo you must crash his stocks so the money is actually in jeopardy why is it not crashing?

:soyjaktalking:

Arab countries like Abu Dhabi

Most geographically literate redditor+lmfao at them suddenly hating muzzmuzz c*nts when they support the hecking chuderinos

When child activist Licipriya was tweeting about adani and his coal mine in Hasdeo forest, a lot of accounts were replying with identical tweets ( same spelling mistake), on checking their accounts their timelines were full of adani promotional contents. Then i realised adani also have his own IT cell, or may be they are the same BJP IT cell. Even on youtube, i have been noticing newly created accounts commenting ( for the first time).

Based dig more of the coal king!

:tayclap:

They are not fighting for his religion. He is not even a Hindu, he is a Jain.

Jains even though they are a minority, they still enjoy the same privileges that upper caste hindus do in this country.

Smh jainbros why aren't you chimping out and burning trains every week now you're as bad as those upper caste hindus :!marseydisagree:

Opposition is missing a trick by not taking this to streets . Create a benghazi out of it . Doesn't matter if they too get funds from Adani . Politics is the art of hypocrisy and adani doesn't have the guts to stop the money flow to parties now.

:marseyxd:

I can get politicians being like this, they have skin in the game. I'll never get why simps are like this though.

People are showing with their comments and reaction that government inaction in this case, will not affect results of the next election. This is as powerful as actually fighting for him. Even when there is increasingly clear evidence of a scam, PM “na khaunga na khane dunga” Modi will remain silent and instruct all regulatory bodies to do so.

The accusations start from before Modi was even chief minister of Gujarat though :marseythinkorino:

Goldman Sachs, Nomura, Societe Generale, Jupiter, BNP Paribas, Al Mehwar, Citi Group, Morgan Stanley have picked up FPO stake too. they are gulams too ?

:taynod:

The white, brown and yellow faces of Hindu nationalism!

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:#marseyitsover:

there is no way to deter the r-slurredness of bhakts. also the investors feels safe because hes backed by the modi govt. if shit happens, he has his brodi ji to manage things.

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Lol retail investors aren't behind this at all.

Hate them as much as you want Adani and Ambani are businessmen of a style no other lundian corp has. Tata, Birla even fricking Rio Tinto would have rolled over and shown their bellies at 10% the pushback Carmichael got, he got it approved through a gora democrazy. That's what these guys are betting on not an individual who could be one news cycle from being out of power, bhajipao is a soycialist party so you wouldn't even need a party change.

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Nah I'm not talking about retail investors. The ones pumping money have nothing to fear because of the govt involvement and tax money backup in all this

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What tax money backup? :marseyconfused:

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“The taxpayer will be hit, additionally, by her indirect exposure to the group, through LIC and the state-owned banks. A bailout would limit the damage. That too would be funded by the public exchequer, but it would be unavoidable if the government decides that the Adani Group has indeed grown too big to be allowed to fail,” it added.

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LIC and banks are investment funds not taxpayer money. The purpose of investment funds is to invest and that comes with risks yes. If there's a full bailout that'd be taxpayer money yeah but that's a big if, if investing in large firms guaranteed your money that's what everyone would be doing lol. It's more likely their substantial assets would be sold.

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I hope Adani sees this

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Me too hire me :marseybegging:

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Yes when their investments go bust they are backed by taxpayer money since they are psus

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Oh right, I forgot that. Financial sector needs serious privatisation. But that's for their depositors, foreign investors will only be covered if there's a bailout.

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