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    A fun read on the recent pump-and-dumps that SEBI caught (the one involving Arshad Warsi)

    @lilly159 Finology I think made a video on this. I never trusted these shares, better to burn with Tata shares rather than these.
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    GQG Partners invested in Adani. A reputed investing firm betting on a company that's accused of fraud. Here's a fun read about the possible reasons.

    @andrewl33 Aksath Damodaran Ji has pointed out, even the accounting firms they've selected haven't made much change. Also in India, auditing firms have special licenses which are hard to get. The main thing for such change, imo is cutting off a bit of money.
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    GQG Partners invested in Adani. A reputed investing firm betting on a company that's accused of fraud. Here's a fun read about the possible reasons.

    @lilly159 Yes Bank is seriously a dreadful case. I remember your writing on AT1 bonds, that were told to be written off. If you read Economic Times, something similar is happening in takeover of Credit Suisse by UBS. They're doing some write offs. I particularly don't remember currently what are...
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    GQG Partners invested in Adani. A reputed investing firm betting on a company that's accused of fraud. Here's a fun read about the possible reasons.

    @lilly159 Yes sure. It was mostly due to cash shrinkage because they wanted to earn from 30 year old safe government bonds. But this gives a fascinating Outlook at our Indian Banking, that means to ask if they're enough cash rich. I will gladly wait for your writing.
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    GQG Partners invested in Adani. A reputed investing firm betting on a company that's accused of fraud. Here's a fun read about the possible reasons.

    @lilly159 You're the best writer I've ever seen for these matters. Do look into SVB like situation if it exists in India.
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