Sell-off in India's Adani deepens to $50 billion

[Hecig]

@monitor

You pay taxes on income, not on wealth (assuming you are not disposing off your asset at a profit)

Regards

We do have Wealth tax too

 

[nahtanbob]

LOL. Why ?

The FPO was subscribed a few days AFTER the Hindenburg report was released.

somewhat irrelevant in a court room

 

[Hecig]

somewhat irrelevant in a court room

Rubbish. Where is the proof ?

 

[doorstar]

retarded bakht arguing with an educated and sane indian

 

[monitor]

Tax is paid on INCOME, not on Asset value.

Adani is primarily into asset building and operations.

@monitor

You pay taxes on income, not on wealth (assuming you are not disposing off your asset at a profit)

Regards

Yes Tax is paid is on income but with a large asset base their tax payment should be on the top list .

 

[nahtanbob]

Rubbish. Where is the proof ?

the offering was withdrawn. that speaks loud and clear

 

[doorstar]

why would a apparently sane ethical educated person keep on replying to a retarded bakht? do you wanna go insane too?

he's already given me many a migraine

 

[siegecrossbow]

Wall Street trolls readying for round two of harvest.

Goldman Sachs, JPMorgan Say Adani Debt Offers Value to Trading Clients

Goldman Sachs Group Inc. and JPMorgan Chase & Co. have told some clients that bonds related to Gautam Adani’s business empire can offer value due to the strength of certain assets.

www.bloomberg.com

 

[doorstar]

Wall Street trolls readying for round two of harvest.

Goldman Sachs, JPMorgan Say Adani Debt Offers Value to Trading Clients

Goldman Sachs Group Inc. and JPMorgan Chase & Co. have told some clients that bonds related to Gautam Adani’s business empire can offer value due to the strength of certain assets.

www.bloomberg.com

trolls or vultures?

 

[siegecrossbow]

trolls or vultures?

Farmers. They are sowing seeds so they can harvest more suckers later this year.

 

[Valar.]

Nathan Anderson - Hindenburg

 

[PakFactor]

@doorstar @siegecrossbow @Bilal9 @nahtanbob

This get's even better.

Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says (msn.com)

 

[Maula Jatt]

@doorstar @siegecrossbow @Bilal9 @nahtanbob

This get's even better.

Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says (msn.com)

damn I feel terrible for these young auditors- now their career is over just because of this fat tub of lard

 

[siegecrossbow]

Adani market rout deepens as uproar brings Indian parliament to a halt | CNN Business

Shares in most Adani Group companies slumped again Friday and India's parliament was adjourned amid chaotic scenes as the mayhem surrounding one of the country's biggest industrial conglomerates deepened.

amp.cnn.com

 

[PakFactor]

damn I feel terrible for these young auditors- no their career is over just because of this fat tub of lard

Oh yeah, they are finished. Adani reaks of incompetence, but this shows the Indian mindset of cutting corners and being cheap. As I told you that other Indian posters EY and all of them could audit as much as they like, but if the internal situation is garbage EY can only pump out the garbage.

Plus, none of these guys hold CPA or its equivalent. In the US, my brother had to complete additional accounting courses to reach 150 credit hours (he went the Master in Accounting route anyways). Then he sat on the CPA exam and was hired and promoted. This firm was a sweat shop of sorts.

Adani market rout deepens as uproar brings Indian parliament to a halt | CNN Business

Shares in most Adani Group companies slumped again Friday and India's parliament was adjourned amid chaotic scenes as the mayhem surrounding one of the country's biggest industrial conglomerates deepened.

amp.cnn.com

You know what else will happen; this will open other Indian companies to audits and scrutiny. This is just the beginning.