02-03-2023, 08:40 PM
Why is that Hindenburg a foreign entity was able to create such a major impact on In
<!-- SC_OFF --><div class="md"><p>Isn't it bothering that India has the finest finance professionals, accountants and analysts who I think could definitely do the research and blow the whistle on the Adani group but it takes a foreign entity to go down the rabbit hole and investigate and then publish it that wipes out $100 billion in valuation from the Indian share market. Even the MF houses were aware about some irregularities in the Adani group companies which is why they didn't invest in Adani, I'm sure there were far more bigger entities in India itself who were aware and it would take a handful of Indians to come together and do the digging and publish their findings.</p> <p>Even now SEBI and RBI seem very slow to take any action and investigate.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Notalabel_4566"> /u/Notalabel_4566 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/10sfsy3/why_is_that_hindenburg_a_foreign_entity_was_able/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/10sfsy3/why_is_that_hindenburg_a_foreign_entity_was_able/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Isn't it bothering that India has the finest finance professionals, accountants and analysts who I think could definitely do the research and blow the whistle on the Adani group but it takes a foreign entity to go down the rabbit hole and investigate and then publish it that wipes out $100 billion in valuation from the Indian share market. Even the MF houses were aware about some irregularities in the Adani group companies which is why they didn't invest in Adani, I'm sure there were far more bigger entities in India itself who were aware and it would take a handful of Indians to come together and do the digging and publish their findings.</p> <p>Even now SEBI and RBI seem very slow to take any action and investigate.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Notalabel_4566"> /u/Notalabel_4566 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/10sfsy3/why_is_that_hindenburg_a_foreign_entity_was_able/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/10sfsy3/why_is_that_hindenburg_a_foreign_entity_was_able/">[comments]</a></span>