Billionaire Adani's Finance Man Gives Inside View of Short Seller 'Shock' | Inside Adani

Bloomberg Television
Bloomberg Television
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Published 2024-08-06
Sagar Adani found himself squarely in the eye of a storm in 2023 when short seller Hindenburg Research accused the Adani Group, one of India's largest conglomerates, of stock manipulation, which the group denies. Sagar, a nephew of billionaire Gautam Adani tasked with overseeing finance for the group, says he moved swiftly to respond to the attack and calm investors. Since then, Sagar Adani says he's focused on growth for the business, including overseeing its lucrative but contentious energy unit. In this exclusive interview with Bloomberg News journalist Anto Antony, Sagar Adani answers questions about lingering investor concerns since the Hindenburg episode and what's next for its renewable energy business. Watch the latest episode of Inside Adani, a special Bloomberg TV series.

00:00 - 1:17 Introduction
1:17 - 3:25 Response to short seller's attack
3:25 - 6:48 The draw for investors
6:48 - 8:08 The family's stake
8:08 - 12:06 Syncing with government policy
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All Comments (11)
  • @adbit007
    The gift wrapping was excellently done ...it took BJP back and Congress new life...
  • @yogeshkharkwal4531
    Compare ambani and Adani next generation one is ambani not at all business focused generation on the other hand Adani next generation are more and more focused on their business....Way to go Adani....
  • @changemakers1402
    Adanis are way very smarter and astute at business than I expected
  • @sumithmathew7176
    They have grown to such an extent that even modi cant do anything now.
  • @KingsonKeshav
    Adanis seems to way more pragmatic and visionary than the Ambanis when you see the new generation of the two conglomerates.
  • @praneethjayasimha5943
    adani has gen Z talent, who are disciplined and focused. such a rare thing amont next gen leaders.
  • @smu01
    Adani future looking great