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ACGA features in The New York Times: Gautam Adani’s Rise Was Intertwined With India’s. Now It’s Unraveling.

Sharmila Gopinath, ACGA Specialist Advisor, India, features in a New York Times article – Gautam Adani’s Rise Was Intertwined With India’s. Now It’s Unraveling.

Sharmila’s comments are quoted below.

Sharmila Gopinath...noted that of Mr. Adani’s many entities, Adani Enterprises, the flagship, “was the only profit-making company.” “It was almost lock step between the government and Adani,” Ms. Gopinath said. “That was when we all started looking at his debt position, his leveraged position, and there was something very off about the group.”

To read the full article, please visit The New York Times.