Anand Mahindra's Message Amid Adani Controversy; Never Bet Against India
Anand Mahindra, Chairman of the Mahindra Group, took to Twitter to express his views on the current challenges facing the Indian business sector. He slammed international media for speculating on India's ability to become a global economic force and stressed that the country has faced numerous challenges, including earthquakes, droughts, recessions, wars, and terror attacks. Despite these challenges, he maintained that one should never bet against India.
In reference to the Hindenburg report, which raised concerns about a potential decline in the shares of Adani Group firms due to high valuations, Adani Group responded by saying that the report was not an attack on any specific company but rather a calculated attack on India and its growth story. The Adani group stated that the report was nothing but a lie.
