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India's Conglomerates are getting too Big for Comfort*
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Jul 17th 2023, C.P. Chandrasekhar
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Nothing,
not even Hindenburg
Research, seems to stop the advance of Indian
big business. The Adani Group continues with its acquisitions,
even if at a slower pace, and has been able to persuade
financial markets to lend it more money, notwithstanding
assessments that it is over-dependent on debt.
*
This article was originally published in The
Hindu on July 17, 2023.
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