The content discusses the promoters of Adani Enterprises, noting that most foreign promoters are registered in Mauritius due to favorable tax treaties between India and Mauritius. The post raises concerns about potential stock price manipulation, as promoters are observed buying and selling shares in different Adani group companies. The author advises against investing in Adani, citing uncertainty and risk. Additionally, the post mentions that changes in tax laws and increased scrutiny have impacted Mauritius’s status as a tax haven for foreign institutional investors.
The second part of the content includes a welcome message to a user, directing them to use the Daily Discussion Thread for basic queries and to follow the subreddit rules. It also mentions that the post can be tagged for a shoutout on Discord if it offers valuable insights or research. The post ends with a comment about Adani stocks potentially falling if GQG divests from them and the Indian government does not intervene.
click me for original post link – post sentiment : neutral
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