Evidence that Adani Group has engaged in stock manipulation and accounting fraud
A few items that did not make it into the list:<p>1) Adani is very close to the current ruling party and the PM - deploying his extensive business network and assets (in various forms) to help get the PM elected (2014) and then re-elected. A bit of googling will reveal the vast scale of politico-corporate nexus between these two - extending all the way back to when  they were chums in Gujarat - the Indian state of the PM<p>2) The only reason the Adani Group has not been hauled up in-front of multiple regulators and law-enforcement agencies on a constant basis is because of #1 above<p>3)Adani ports  seem to be curiously immune to investigations despite literal TONS of drug seizures [1]<p>4) There were multiple stories of forced resignations being used by the companies across its workforce to trim costs during the pandemic and avoid paying hefty severance per India&#x27;s strict labor laws<p>5)A lot of the public sector banks in India are purported to be under pressure to not recall loans or issue fresh loans on demand to him - essentially a federal backstop to all his liabilities - enabling crazy levels of debt<p>[1] <a href="https:&#x2F;&#x2F;www.ndtv.com&#x2F;india-news&#x2F;adani-ports-says-its-terminals-wont-handle-cargo-from-iran-pakistan-afghanistan-from-november-15-after-mundra-drug-haul-2571597" rel="nofollow">https:&#x2F;&#x2F;www.ndtv.com&#x2F;india-news&#x2F;adani-ports-says-its-termina...</a>