The Carnival Games are Back!

Carnival games are rigged in favour of their owners. It seems ostensibly easy to win. But it isn’t. Somehow you will miss the target or click the wrong tab. So was the Hindenburg expose...

Read more January 30, 2024 at 12:09 pm Jimmy James

Should SBI backtrack on its loan to Adani? It should!

In spite of the Hindenburg report and the SEBI enquiry under progress, the SBI-led consortium has agreed to give another Rs 34000 crore to the Adani Group as per the news reports.

Read more September 1, 2023 at 5:38 pm Thomas Franco

Don’t Invest Public Money in high risk Adani Coal to PVC Plant

We the undersigned express our deep concern on reports in the news media which state that a State Bank of India (SBI) led consortium is planning to invest ₹ 34,000 crore in the first...

Is the Finance Ministry Misleading the Parliament to Save Adani?

Almost every day, new information is surfacing. Favours given in allocation of ports to Adani, airports bestowed on him, coal auctions going to him, oil import contracts coming his way, and the list goes...

Read more April 7, 2023 at 2:52 pm Thomas Franco

Should we save the Adani investors?

Share trade resembles a local market auction -the anxious traders,their tricks and hacks and the adrenaline raising rounds of bid. Two decades back it was literally so with share traders jumping around most of...

Read more February 28, 2023 at 12:23 pm Jimmy James

अडानी के शेयर गिरने का सच | हमारा पैसा हमारा हिसाब

हिंडनबर्ग रिपोर्ट और अडानी के शेयरों का गिरना, एक कहीं गहरे संकट की निशानी है। और इसका असर शेयर बाजार में हुए नुकसान से कहीं ज्यादा गंभीर है। सारे ही देश को एक आत्म-विश्लेषण...

Read more February 27, 2023 at 11:23 am CFA

The Adani share crash is deeper than the Hindenburg Report and Adani | THE MONEY TRAIL

Ignoring warning signs, whistle-blowers and clear visible facts and acknowledging them later when a disaster strikes is human nature. But even that reckoning will be limited to the extent of the disaster, and not...

Read more February 22, 2023 at 10:34 am CFA

Who is going to fall? Gautam or Narendra?

Mr Gautam Adani who become the second-richest man due to the support of Mr Narendra Damodardas Modi (See Random Reflections – Why boycott Adani) is in deep trouble. Almost every bank in the country...

Read more January 31, 2023 at 5:14 pm Thomas Franco

Will the corporates sink our banks? A credible study warns of overleveraging | THE MONEY TRAIL

Take loans as much as you want and expand your empire' – this seems to be the new corporate mantra. A study by CreditSights, affiliated with the credit rating agency Fitch warns about over...

Read more September 6, 2022 at 1:45 pm CFA

Worshipping Ambani, Adani? Lower tax for the rich ‘means’ higher tax for the poor

The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...

Read more March 14, 2022 at 7:19 pm Prasanna Mohanty

GoI selling PSUs to ‘dubious’ investors amidst rising inequality, unemployment

In its reckless privatisation drive, the Government of India (GoI) is selling the Central Electronics Limited (CEL) to Nandal Finance & Leasing Private Limited, a Non-Banking Financial Corporation (NBFC) with a dubious record, owned by a...

Read more February 9, 2022 at 6:05 pm Ashish Kajla

Random Reflections- Why Boycott Adani?

Gautam Adani is one of the most favoured of the ruling party especially the Prime Minister and the Home Minister. In 2014 elections Mr. Narendra Modi was going around the country in airplanes of...

Read more December 16, 2020 at 2:31 pm Thomas Franco

Unnecessary during crisis, Madhya Pradesh Govt’s Power Deal with Adani

Click here to read the full article published in Gawdwana Samay.

अडानी पर मेहरबान शिवराज सरकार, 4 गुनी महंगी बिजली खरीदने का एमओयू कर मप्र को एक लाख करोड़ का नुक्सान पहुँचाने की तैयारी

मध्य प्रदेश सरकार ने अडानी पावर के साथ में 320 मेगावाट बिजली के पर्चेस एग्रीमेंट पर हस्ताक्षर किया है। सरकार ने इससे पहले ही 20331 मेगावाट बिजली खरीदने के पी.पी.ए. पर विभिन्न कंपनियों के...

MP govt’s power purchase agreement with Adanis at ‘highest ever contracted rate’

As many 28 civil rights and grassroots organizations, led by the National Alliance of People’s Movements (NAPM) and the Narmada Bachao Andolan (NBA) have opposed the Madhya Pradesh government for entering into an agreement...