Hindenburg group accuses Adani group of fraud

[mishra]

26 minutes ago, Vicks57 said:

 

Who said privatisation is bad?

 

Modi has actively amended bills to make sure Adani enters airport business. He has bypassed Ministry of Aviation for his friend Adani. What I mean by this is these amendments should be initiated by Ministry of Civil Aviation.

 

Lets assume a big if which is "Modi wants more private players since there are only 2 existing players. So he wants to introduce new companies to get the required experience" this logic itself is wrong but I am willing to entertaining it for the sake of argument.

 

Where are the other private players apart from Adani who got newly introduced in the game? 

 

Majority of contracts have disproportionately gone to Adani group over experienced players let alone new players. 

 

Entire thing is debunked. Adani funds BJP's Coffers which is the logical explanation for all these nefarious activities.

 

 

 

Its called reforms which made india to emege as a country with 3rd largest starup and 4 on count of unicorns.

 

It’s unfair to just see Adani. It take several decades to create a Amani Tata Premji Murthy. We have allredy lost Shinghadia Birala Dalmiya and many more due to Commies.

 

 

[Vicks57]

7 minutes ago, mishra said:

Its called reforms which made india to emege as a country with 3rd largest starup and 4 on count of unicorns.

 

It’s unfair to just see Adani. It take several decades to create a Amani Tata Premji Murthy. We have allredy lost Shinghadia Birala Dalmiya and many more due to Commies.

 

 

Where are the other private players apart from Adani who got newly introduced in the game? 

 

Majority of contracts have disproportionately gone to Adani group over experienced players let alone new players.  Is there even a single new player? Lol

 

Entire thing is a farce.

[mishra]

^ can any private player compete with Adani in infra? Name one

[mishra]

@Vicks57I have a junior whio is quite senior person in DRDO. Last time when i met him, i asked him why u guys can’t deliver anything credible. He said we lack everything from ecosystem, Finance, facilities to Governance. On top we have politicians.

 

Tejas project was about to be shelved so that their assembly line could be used for manufacturing components for ageing aircrafts.

Edited November 26, 2024 by mishra

[Vicks57]

1 minute ago, mishra said:

@Vicks57I have a junior whio is quite senior person in DRDO. Last time when i met him, i asked him why u guys can’t deliver anything credible. He said we lack everything from ecosystem, Finance, facilities to Governance. On top we have politicians.

 

Tejas project was about to be shelved so that their assembly line could be used for manufacturing components for ageing aircrafts.

 

 

Agree.

 

Now ask your friend is there any private R&D player in India as good as DRDO?

 

Not even close.

 

Even the latest ASMI gun was designed by DRDO. It is public private partnership of some sort. ASMI gun is the first 100 percent  Indigenous designed and made gun to get orders from Northern command.

[Vicks57]

11 minutes ago, mishra said:

^ can any private player compete with Adani in infra? Name one

 

L&T, Tata Projects, GMR, Punj Lloyd.

 

Btw, Adani is a new player in airport. 

 

As @BlueBlood said, his core competency is ports.

[mishra]

3 minutes ago, Vicks57 said:

 

 

Agree.

 

Now ask your friend is there any private R&D player in India as good as DRDO?

 

Not even close.

 

Even the latest ASMI gun was designed by DRDO. It is public private partnership of some sort. ASMI gun is the first 100 percent  Indigenous designed and made gun to get orders from Northern command.

Why ask. There is none. Even a startup gets name in US sanctions list. I think there are a couple already on Sanctions list

[Vicks57]

4 minutes ago, mishra said:

Why ask. There is none. Even a startup gets name in US sanctions list. I think there are a couple already on Sanctions list

 

Those are not R&D companies in military. They are manufacturing companies. 

 

Lokesh Machines is one of the sanctioned companies. They manufacture ASMI guns that I just told you about. 

 

Even the ASMI is designed by DRDO and it is more of public private partnership.

 

ASMI guns secured a 400 crore order from Indian Army. 

 

 

Edited November 26, 2024 by Vicks57

[mishra]

4 minutes ago, Vicks57 said:

 

L&T, Tata Projects, GMR, Punj Lloyd.

 

Btw, Adani is a new player in airport. 

 

As @BlueBlood said, his core competency is ports.

Not sure L&T qualifies as Indian. Haven’t heard about Lloyd and Punj.

[Vicks57]

1 minute ago, mishra said:

Not sure L&T qualifies as Indian. Haven’t heard about Lloyd and Punj.

 

L&T for purposes is Indian but has Danish roots I believe.

 

Punj Lloyd is from Punjab or Haryana.

[mishra]

2 minutes ago, Vicks57 said:

 

Those are not R&D companies. They are manufacturing companies. 

 

Lokesh Machines is one of the sanctioned companies. They manufacture ASMI guns that I just told you about. 

 

Even the ASMI is designed by DRDO and it is more of public private partnership.

 

ASMI guns secured a 400 crore order from Indian Army. 

 

 

Fact is , DrDO is best but definitely not good enough given the constraints. 
 

Government needs to create another Adani like monster who can lobby his interests directly, in America.

While government does all of below but

 

Ambani meets energy procurement requirements 

Tata meets internal industrial development 

Adanis meet regional presence requirement.

No one meets Security requirements.

[Vicks57]

5 minutes ago, mishra said:

Fact is , DrDO is best but definitely not good enough given the constraints. 
 

Government needs to create another Adani like monster who can lobby his interests directly, in America.

While government does all of below but

 

Ambani meets energy procurement requirements 

Tata meets internal industrial development 

Adanis meet regional presence requirement.

No one meets Security requirements.

 

Thank Goodness. You agreed DRDO is best.

 

Even though ASMI guns are manufactured by Lokesh Machines, Patents will be under DRDO since they designed it.

 

Adani has no R&D. You will see R&D in his website but nothing happens there.

 

Private players do not allocate funds for R&D because what is the use?

 

You can put a MOU or JV with a foreign arms company and get a TOT (Transfer of Technology). This is how you earn huge bucks. This is exactly what Adani is doing by signing TOT with IWI (Israel Arms company). Same applies for all private companies like Reliance Defense. I think even for Tata.

 

As far as I Know, Only Kalyani group has R&D in military weapons that is somewhat working. Nowhere near DRDO. Not even 10 percent. I think they have designed their own guns and manufactured it. Not sure on this. Need more investigation. This is based on what I read some time back.

 

 

Edited November 26, 2024 by Vicks57

[Vicks57]

8 minutes ago, mishra said:

Fact is , DrDO is best but definitely not good enough given the constraints. 
 

Government needs to create another Adani like monster who can lobby his interests directly, in America.

While government does all of below but

 

Ambani meets energy procurement requirements 

Tata meets internal industrial development 

Adanis meet regional presence requirement.

No one meets Security requirements.

 

Instead of creating private players, Government should try to remove barriers and encourage creativity inside DRDO. 

 

Vandhe Bharat was actively being sabotaged inside ICF when it was called Project 18 or similar ****. Ex-ICF GM Sudharshan  battled all odds to successfully manufacture it.

 

There are lots of politics inside such R&D oriented govt organizations who try to sabotage the project.

 

There are lobbyists in the procurement department of Indian Army where they actively overlook Indian weapons over foreign weapons just for commission/bribes.

[mishra]

^ DRDO is best , there is none arguement on this. But IMO, India needs to create some monster firms in pvt sector. 
 

As far as R&D goes,apart from IsRO,  we are several decades behind in almost every sector including IT probably some achievement is in reliance telecom, Tata motors, and phatma.

[Vicks57]

2 minutes ago, mishra said:

^ DRDO is best , there is none arguement on this. But IMO, India needs to create some monster firms in pvt sector. 
 

As far as R&D goes,apart from IsRO,  we are several decades behind in almost every sector including IT probably some achievement is in reliance telecom, Tata motors, and phatma.

 

When it comes to critical areas like defense and nuclear tech, unless there is an incentive to get profit, private players simply won't be interested.

 

Look up SSS Defence and what the CEO says. 

 

https://www.indiasentinels.com/defence-industry/private/new-sig-sauer-716-rifles-deal-indian-small-arms-company-sss-defence-ceo-vivek-krishnan-wonders-if-government-serious-about-make-in-india-initiative-6468#:~:text=He emphasized that SSS Defence,be overlooked by the government.

 

There are some serious lobbyists working for foreign companies in Indian Armed forces.

 

 

[jigjig]

3 hours ago, Vicks57 said:

 

Passenger traffic has made the current facilities to be completely overwhelmed.

 

This is the situation in many major cities.

 

20 cities will need second airport by 2030

 

https://www.hindustantimes.com/india-news/20-cities-will-need-second-airport-by-2030-says-civil-aviation-ministry-study/story-wUSuqYoMP6MooSiHBqrYkK.html

 

Looks like you have some attachment with Chennai.

 

Standing in the line for a buggy after a flight to go to cab parking lot is absolute stupidity 

[ravishingravi]

 

[coffee_rules]

When Will American Overreach Stop": Norway Diplomat On Adani When will American overreach stop? The last week global media have been full of stories about indictment against the Adani Group by an American Prosecutor. It is time the world starts asking when American overreach will stop. Let's turn the table for a second and assume that an Indian Court charged top American business executives for crimes allegedly done in the US. Would this be acceptable to America? Would American media find it appropriate?" he posted on X. 

https://www.ndtv.com/india-news/when-will-american-overreach-stop-norway-diplomat-on-adani-case-7122396

[ravishingravi]

 

[ravishingravi]

Well well well.