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According to Wikipedia Adani is in with Modi, the current Indian prime minster who likes to play favourites. Thus he could get quite a bit of protection at hom
by bhouston 4y ago
According to Wikipedia Adani is in with Modi, the current Indian prime minster who likes to play favourites. Thus he could get quite a bit of protection at home.
But that may not protect him from a market run...
- SanjayMehta 4y agoWikipedia is a reliable source?
- AdityaSanthosh 4y agoBruh, Everyone knows Adani and Modi are pals
- SanjayMehta 4y agoEver heard of license raj?
- honkler 4y agolicense raj culminated in 1991 economic crisis for india.
- allisdust 4y agoIt can. Indian Govt protects/can intervene through LIC India which invests in companies like this. In the past during major downturns, LIC with its huge cash pile acted as a backstop.