New Delhi: Troubled industrialist Gautam Adani has got the support of veteran industrialist Anand Mahindra after the report of America's short-selling firm Hindenburg came to the fore. Anand Mahindra has reprimanded the foreign media without naming anyone. Along with this, advice has been given to never bet against India.
Global media is speculating whether current challenges in the business sector will trip India’s ambitions to be a global economic force. I’ve lived long enough to see us face earthquakes, droughts, recessions, wars, terror attacks. All I will say is: never, ever bet against India— anand mahindra (@anandmahindra) February 4, 2023
Anand Mahindra tweeted from his official Twitter handle that, 'Global media is speculating whether the current challenges in the business sector will thwart India's ambitions to become an international economic power. I have seen many spans of earthquakes, droughts, recessions, wars, and terrorist attacks. All I would say is never bet against India.' Let us tell you that this tweet of Anand Mahindra has come at a time when the Adani group is surrounded from all sides after the report of the American company Hindenburg. Shares of group companies are continuously falling. Due to this Adani group companies have lost $108 billion.
At the same time, Gautam Adani has also been out of the list of the top 20 richest billionaires in the world. Meanwhile, the monitoring of the Adani group has increased from the government to SEBI. However, the confidence of some rating agencies and foreign companies with stakes in the group remains intact on the Gautam Adani group.
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