Comments by "Sankalp" (@sankalp6872) on "Fitch spotlight on Adani debt, how much, how risky, reckless expansion or entrepreneurial audacity" video.

  1. Shekhar Gupta you are a gem. I disagree with Mr. Gupta's analysis several times but all his CTCs have always received my undivided ATTENTION and I have NEVER left any midway. He is a rare right-libertarian in an otherwise LEFTIST MEDIA UNIVERSE. The Print subscription is best money ever spent.
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  2. Truth be told, BUSINESS SUCCESS and FAILURE can only be determined in retrospect. Everybody likes the "I told you so" phrase hence you always overreaching predictions every now and then. The other side of the negative "unrelated businesses" coin is the positive "diversification". It is hard to say if it's a "bubble" or a "success story" in the making but considering Adani's super fine stock market performance, I don't think raising equity would be difficult for them (at least at the moment) to lessen the debt burden.
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