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Absolute Power by Sucheta Dalal Pdf free download


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  • Book Name: Absolute Power
  • Authors: Sucheta Dalal
  • Pages: 246
  • Genre: Business
  • Publish Date: Jun 4, 2021
  • Language: English

Book review:

Sucheta Dalal is famous for exposing the Harshad Mehta scam of 1992. After the start of the web series named 'Scam 1992', more people came to know about him. 

This time in 2021, Sucheta has once again come up with similar news which smells of scams to her. He had the same sentiment two decades ago and it turned out to be one of the worst scams in the country.

Above is the tweet that he shared two days back but he has not pointed to any particular person or stock or company till now. 

But he, referring to the Adani group, gave a few pointers to a person with little knowledge of the current market situation to understand that he is in high probability.

Note the sharp jump in the share price below. Don't you feel something is wrong? The Indian government has always been in favour of two businessmen - Mukesh Ambani and Gautam Adani, but there is a reason why India's home minister, Amit Shah, has invested almost a third of his portfolio in Reliance and not a single penny. Adani Group. This was revealed during the announcement of his stock portfolio in 2019.

Also, according to Sucheta, this particular company is receiving investments through foreign companies. If you see, domestic companies are afraid to invest in the Adani group because they fear it is a highly volatile conglomerate of companies. 

Therefore, most of the investments of the Adani Group come from foreign investors. According to the tweet, the share prices are also being rigged. 

Adani Group has only 4% of its shares distributed among the public which makes it very easy to control and manipulate prices. The share price increased from Rs 150 in June 2020 to Rs 1,700 in June 2021.

All signs point to a company and it's only time until she reveals more secrets about it. Of course, this time around he has to worry about his own safety as well. Things are no longer in the 1990s. Influential people know how to work and remove any thorns that come their way.

Also read: The Hate U Give a book 

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