Modi and Adani: An Interlinked Relationship

Key Figures

• Narendra Modi: Prime Minister of India
• Adani: Business tycoon, leader of Adani Enterprises

Relationship

• Modi and Adani are described as close allies.
• It is suggested that their fates are interconnected.

Adani Enterprises

• Attempted to raise funds in the stock market.
• The fundraising effort was unsuccessful.

Accusations

• Adani is accused of stock manipulation.
• Resulted in a collapse of Adani's stock value, compared to a house of cards.

Political Implications

• Modi has remained silent on the issue.
• Anticipated that Modi will face pressure:
  • From Foreign Investors: Expected to address their concerns.
  • In Parliament: Likely to be questioned regarding the situation and its implications.