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Showing posts with the label Gautam Adani

Thank God for the Completion and Good Ending

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  In the journey of life, each chapter presents its unique challenges, obstacles, and rewards. There are moments when we find ourselves overwhelmed, questioning whether we will ever reach the finish line. However, just like the narrative arcs of our favorite stories, there’s something deeply satisfying about a well-executed conclusion—one that feels both rewarding and fulfilling. Whether it's a personal goal, a professional project, or even a cherished movie or book, the feeling of completion is something we all strive for. It brings a sense of peace, knowing that despite the ups and downs, there was a purpose behind every step we took. And when the ending is good, it makes all the struggles worthwhile. The Importance of Completion In a world that moves at such a rapid pace, we often rush through tasks and events, focusing on the next big thing before we’ve even processed the current one. Yet, completing something gives us the chance to reflect. We can look back and appreciate the ...

Adani's empire lost $100 billion in days: Where did it all begin?

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Indian billionaire Gautam Adani's conglomerate has been trying to reassure investors after its flagship company called off its share sale Wednesday after the share price plunged. Adani Enterprises confirmed the $2.5 billion raised from the sale would be returned to investors. The drop in share price is the latest in a series of surprises Adani Group has faced in the last few days since a tiny New York investment firm made fraud claims against its companies. Although Adani has denied the allegations, calling them "nothing but lies", the response hasn't helped substantially stem the uproar. While $108 billion has been wiped off the group's companies' market value, Adani himself, who was the world's third richest man on Forbes real-time billionaires list less than two weeks ago, is now 16th, losing $48 billion of his personal wealth. Where did it all begin? Shares of Adani Enterprises were due to go on sale on 25 January. But just a day before that, U...