Mr. ADANI’S BUSINESS

SARASIJ MAJUMDER

Frequently LEFT CABALS,  SECULARISTS, OPPOSITION, PURCHSED MEDIA, News Papers & SOME  PAID MALES AND FEMALES POSING AS JOURNALISTS ASK THIS QUESTION: If Mr. Modi had not served 3 terms as the CM of Gujarat and 2 terms as the PM of India, would Adani group have been in the position where they are in today?

As an ENGINEER with 50+ years of experience, having managed very big PROJECTS, Technically Audited some more big Projects, scrutinized many big contracts as a part of Arbitration Team/Member, and  last but  not the least, having advised in Acquisition, Merger- Demerger of Companies--- in INDIA, and ABROAD—I think I have right knowledge, and experience to answer this question, which is having MALAFIDE intentions. I am listing my answers below:

A. TATA, BIRLA, L&T:-- Operating from BRITISH PERIOD.

B. RELIANCE:-- Operating from Mrs. Gandhi’s Period.

C. ADANI ENTERPRISES:--- Year of Foundation-1988. Operating from UPA’s period, and this company is linked with Mr. Modi by RUMOUR MONGERS who have vested interests. Company’s Market Cap=3.3 trillion Rupees as on 07/ 12/23.

1.0 Even C and AG did never find any GLICH in their success in bidding and getting awarded GIANT sized contracts. Record of execution of all projects are excellent.

2.0 Adani Enterprises paid a total  $58.3 million  total  tax in the  FY 22-23.

3.0 Total Number of Direct full time Employees== 45,000+

4.0 In addition, Adani Enterprises has widely engaged in multiple business units and ports with 50,000+ workers under 900+ contractors employed at various locations.

5.0  NBFC==50,000

6.0 I leave it to you to ESTIMATE, how much this group is paying as SALARY to employees. Remember—this company is a sought-after destination, and this group have entered a “NO-POACH AGREEMENT” with another Giant industry of INDIA.

7.0 I worked in DSP (1.5 MM Ton Steel Plant), and knew how many intermediaries were required then, in seventies.  On extrapolation, I safely assume by EXTRAPOLATION, that at least ADANI ENTERPRISES feed 20,000+ intermediaries . With rate of OUTSOURCING became more viable—the actual number may be much more.

 AE has developed enormous infrastructure not only in India but throughout the world. Some of them, like HIFA, Hambantota   is key for India’s Marine  security.

AE have been taking loans from banks for the last over 35 years and have paid / are still paying crores of Rupees as interest, paid back the full loan & retaken new Loans for new business opportunities. All the loans and finances taken from banks are backed by adequate guarantees & collateral to the Banks, for basic safety.

The US administration extended a $553 million loan recently to the Adani group after it found that Hindenburg’s allegations against the Adani group were irrelevant,  as Bloomberg reported on 5th December citing an unnamed US official.  

NOW,  will you get influenced  by  a MAHUA MOITRO? Why she is not raising questions about RAG to Riches case of  one Mr. BADRA?

They are some  less than a one cellular AMOEBA in opposition politics, maligning a GIANT ELEPHANT.

Adani groups are contributing for the development of infrastructure and welfare activities for the country and running business honestly, creating and providing enough employment opportunities, and  there is no favouritism—only HONEST HARD WORK.

DATA Source:-

1.0 Corporate presentation of AE. To MINISTRY.

2.0 Published Balance sheets of AE—4 Qtr.

3.0 Annual Report- Fy-22-23

4.0 Reports and Articles published BUSINESS today.

5.0 MINT, FE, ET.