Every Indian must read the expose on Adani by Hindenburg Research

 Read the Hindenburg Research expose on Gautam Adani, before it's too late.

 

Here is a link to that report, https://hindenburgresearch.com/adani/

 Since Sensex and Nifty both indices now have close links with Adani group of companies, this could plunge Indian Shares Markets to unprecedented levels .

Some of these shell companies that this report mentioned were already exposed by ICIJ, but Indian Media Concluded that those were from his elder brother Vinod .

Now these group of Researchers are from fund management field and they were able to get into inside handling of the funds which are heavily invested in Adani group of companies .. and basically it was discovered that these funds are a front for Gautam Adani himself.  

Just by rotating the same share from one shell companies' fund to another Shell companies' fund, They were able to create more fake value for their shares.  Only a share's chart shows such signs of growth and the Gautam Adani's proximity to India's PM becomes well known, two things happen:

1. Local gullible Fund managers put people's money in them.

2. Local Banks extend the already humongous credit line given to Adani. 

That's how this group has managed over 813% jump in market Capital. Although I have zero sympathy for people who invest in well known crony capitalists like Adani, but a stock market collapse and banking catastrophe would spell doom for all indians.

This report does not mention Modi by name in this con act, but every one knows what Modi does and Adani does are one and the same.