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Adani Saga | 'Fast Expansion Leads To Collapse' Says Economist | Beyond The Headline
Posted
February 23, 2023
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11:41Now PlayingIn this segment of Beyond The Headline with Tamanna Inamdar, the main focus is on Adani Saga.
The ports-to-power conglomerate's biggest listed companies saw the relentless downturn continue into the fourth week, erasing more than Rs 11 lakh crore from the market capitalization of all ten Adani Group stocks as the crisis deepened.
On Thursday, the stocks lost more ground, losing a total of Rs 23,000 crore from their morning trade valuations. Gautam Adani's net worth dropped to $42.7 billion, moving him down to position 29 on the Bloomberg Billionaires Index.
We have Swaminathan Aiyar, economist as our honorable guest to put everything in perspective for the audience.
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