This week on The India Story, we take a look at the row around the Adani group, which is currently facing its greatest crisis ever. Triggered by an attack from a New-York based short-seller, the Hindenburg group, its stock value has plunged down and it’s lost around 110 billion dollars. The impact of this event, which was being felt by the markets already, has now also made its way to the parliament with a war of words taking place between in the Centre and the Opposition.
In this episode, we’ll investigate some crucial questions - how is the Adani group fighting back, where does it stand and what impact will this have on India’s growth and place in the world.
Also turning our gaze to the devastating earthquakes in Turkey and Russia, and the history of India-Turkey relations in regards to aid missions.
On the show tonight, Vikram Chandra speaks with Nilesh Shah, Managing Director of Kotak Mahindra Asset Management on the Adani saga, the state of the markets and much more.