The Indian government will not remain untouched by the slide of Gautam Adani. This is evident from the video appearance of Adani's Chief Finance Officer, an Australian citizen, trying to rebut Hindenburg Research with a giant Indian flag flanking him conspicuously. The 413-page response of the Adani Group further claimed, "This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India."
Equating Adani with India will not prevent the failure of Indian regulatory institutions and the fragility of
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