Troubled shares, troubles shared: Adani and India Inc
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 1 February 2023
⏱️ 26 minutes
🧾️ Download transcript
Summary
The Adani Group, one of India’s biggest conglomerates, has come under fire from a tiny American research firm. A successful secondary share sale amid a rout in the markets leaves many questions—and proves revealing about India Inc. Our correspondent explains why Mexico is so well-placed to navigate the electric-vehicle transition. And the unlikely rise of MAGA rap artists.
For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The chance to change lives for the better, rewards that reflect your skills. |
| 0:04.9 | As an adult social worker at Gloucestershire County Council, you'll get the best of both worlds. |
| 0:10.0 | Join us and you'll be based near Chuxbury, a scenic riverside town just off the M5. |
| 0:14.8 | If you're looking to move to Gloucestershire, we offer a £5,000 relocation allowance, |
| 0:19.2 | subject to qualifying conditions. There's never been a better time to make the move. |
| 0:24.1 | Apply now at Gloucestershire.gov.uk forward slash ASC recruitment and make the difference. |
| 0:36.4 | Hello and welcome to the Intelligence from the Economist in London, I'm Jason Palmer. |
| 0:41.0 | And in New York, I'm John Fassman. Every weekday we provide a fresh perspective on the events |
| 0:46.7 | shaping your world. |
| 0:47.6 | In the transition to electric vehicles, Mexico has a lot going for it, an established auto industry, |
| 0:56.6 | a border with the world's second largest car market, piles of lithium. |
| 1:01.1 | We look into the investments already being made and the bumps in the road ahead. |
| 1:06.8 | And anyone who's attended a Trump rally is familiar with the rotation of well-worn classic |
| 1:11.3 | rock and country songs he seems to like. But it turns out the former president has inspired a subgenre |
| 1:17.4 | of hip hop. Meet the Maga rappers. |
| 1:28.2 | But first, |
| 1:28.8 | A classic David and Goliath tale is playing out in India and it's not clear how it's going to end. |
| 1:42.7 | It started a week ago with a little-known American short-seller called Hindenburg Research, |
| 1:48.1 | taking aim at India's richest man. Well, India's formerly richest man. |
| 1:53.1 | The company alleged that the Adani group, an enormous conglomerate named after Gotham Adani, |
| 1:59.6 | was, quote, engaged in a brazen stock manipulation and accounting fraud scheme. |
| 2:04.2 | The group's chief financial officer immediately shot back. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.