Shares in Adani Group companies fell after US activist investor Hindenburg Research accused it of “brazen” fraud.
In the last two years, we have done extensive reporting on the Adani group companies.
A deep dive into our archives: bit.ly/3kHxWoc
The Morning Context
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- Tamil Nadu might soon offer Vietnam some serious competition in the branded sports footwear business. 🧵
- The Dunzo story was long over, co-founder Kabir Biswas’s exit just seals what we’ve said many times over. Our earlier reporting on Dunzo is now free to read for the next 48 hours. How Dunzo unraveled, a thread.
- 🚨🚨 Dear readers, We are making some of our coverage on Byju’s free-to-read for the next 48 hours. Go ahead and make the best of this opportunity.🏹
- Byju’s has finally filed its financial numbers for the year ended 31 March 2020. At 70% of total income, the sale of hardware is at the heart of its operations. Is it really an edtech company? ✍️ @akm1410 and @sahaprd Read: bit.ly/2VhKKVU
- Replying to @MorningContextAn untold story told by us. Before a restructuring exercise last year, Adani Ports owned almost all of the group’s railway assets except one—the 77 km railway line in Chhattisgarh, which gave the promoter family a return of shares worth Rs 5,000 crore.
- TIME magazine is scrapping its paywall. The 100-year-old American publication is opening up its digital journalism as well as all of its archives to readers around the world starting 1 June, TIME’s chief executive officer Jessica Sibley said.
- Replying to @MorningContextThe elusive brother Adani The elder brother of Gautam Adani, Vinod Adani, has been an enigma in the group’s history, the one responsible for offshore deals. While the group claims it has nothing to do with him, the Holcim deal shows that isn’t the case.
- Replying to @MorningContextGautam Adani signed a deal with Holcim to acquire its two cement companies in India, walking away with the deal right under the noses of Kumar Mangalam Birla and Sajjan Jindal. How did Adani pull it off? Clue: Vinod Adani
- When Grofers became Blinkit in 2021, it was paying Rs 50 per order plus incentives. But now, partners aren’t guaranteed a fixed minimum base pay per order under the new structure. Learn how Blinkit endangers the gig economy: bit.ly/3oqZXSP
- In its relentless pursuit of unfettered growth, WhiteHat Jr is coming down heavily on anyone with an opinion on its product. @akm1410 examines how the publicly celebrated company is privately despicable. themorningcontext.com/indias-whiteha…
- When the bids for the tender to redevelop Dharavi were opened in 2019, Seclink emerged as the highest bidder. Three years later, the Adani group is redeveloping Dharavi by winning the very tender it lost. Why is Seclink not redeveloping Dharavi? ➡️bit.ly/3h5YXjF
- India’s trade deficit with China rose from $0.34 billion in 2002 to $20.1 billion in 2010, $46.6 billion in 2016 and crossed $100 billion in 2022. Trade imbalance in China’s favour was $101.02 billion last year. Trade challenge by @SushantSin: bit.ly/42cle1e










