BUSINESS

Toolkit against specific Adani Group commercial operations revealed

On Thursday, specialists unveiled a toolset targeting specific economic ventures of the Adani Group, connecting a network of Communists, Pakistanis, extreme Islamists, billionaire George Soros, and the deep state of the West.

 

The toolkit came to light after reports in the international press by organizations supported by George Soros, such as The Financial Times (FT) and the Organised Crime and Corruption Reporting Project (OCCRP), alleging that the Adani Group was selling low-grade imported coal in India for the same price as high-value coal ten years before.

The experts claim that journalist Anand Mangnale wrote and endorsed the misinformation pieces.

A propaganda piece was written by Anand Mangnale and the OCCRP, and it was thereafter reposted on other social media accounts by other users.

The analysts claim that “The Financial Times of the UK is also part of the toolkit, and the publication also posted a propaganda article against Adani.”

The experts said, “The Financial Times editor is a board member of a company funded by the Ford Foundation and Soros.”

The market, however, no longer takes the Adani Group’s persistent assaults or the comparable accusations made by the same two international media outlets, The Financial Times and OCCRP, seriously.

Cantor Fitzgerald, a worldwide stockbroker with headquarters in the US, claims that the FT piece is “just noise from a long time ago.”

At 4:34 a.m., the Financial Times published a disinformation piece against the Adani Group. 22 May. On social media, the Adani Group toolbox began to circulate at around 7:49 a.m. when the propaganda piece was posted by a well-known journalist.

9.42 p.m. The propaganda piece was released by a different well-known activist on the same day.

Meanwhile, a few well-known individuals also shared outdated misinformation about the Adani Group on social media.

With a 7.84 percent increase in its share price on Thursday, Adani Enterprises became the biggest gainer in the Nifty, suggesting that the Indian market has dismissed the report.

Adani Ports, which increased by 4.73%, was also one of the top three gainers.

Cantor Fitzgerald said in a note that “we believe the market is inferring that this is an immaterial story, as do we.”

The Adani Group’s equities are offering significant value to investors. Over the course of the last year, the group’s market capitalization has grown by 57% to $200 billion.

As the Indian indexes experienced a strong rebound on Thursday, the equities of the Adani Group firms showed tremendous momentum, with the flagship Adani Enterprises rising 8% to become the top gainer.

The aggregate market worth of the ten listed Adani Group companies is now Rs 17.23 lakh billion.

 

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