Adani Transmission, Adani Ports and Special Economic Zone exposed to heightened contagion risks: Fitch

[ad_1] U.S.-based Fitch held that the debt of Adani group’s rated Indian entities as of end-December 2022 was offshore and largely secured, with U.S. dollar bonds maturing only from mid-2024, suggesting no immediate concerns about repayment. | Photo Credit: Reuters Global ratings agency Fitch said two Adani Group companies viz. Adani Ports & SEZ Ltd. […]

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Adani Transmission, Adani Ports and Special Economic Zone exposed to heightened contagion risks: Fitch

[ad_1] U.S.-based Fitch held that the debt of Adani group’s rated Indian entities as of end-December 2022 was offshore and largely secured, with U.S. dollar bonds maturing only from mid-2024, suggesting no immediate concerns about repayment. | Photo Credit: Reuters Global ratings agency Fitch said two Adani Group companies viz. Adani Ports & SEZ Ltd. […]

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Supreme Court dismisses plea to gag media from reporting on Adani-Hindenburg row

[ad_1] The Supreme Court of India. | Photo Credit: SUSHIL KUMAR VERMA The Supreme Court on February 24 rejected a plea to restrict the media from reporting on the Adani-Hindenburg issue. The Chief Justice of India D.Y. Chandrachud said there is no question of gagging the media till the court pronounces the order. A plea […]

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Adani group’s market value drops under $100 billion

[ad_1] Adani Group building. | Photo Credit: The Hindu The combined value of Adani Group’s 10 companies — including Adani Ports, Adani Green Energy and Power — fell below the $100 billion mark on February 21, weeks after a searing report by the U.S. short-seller Hindenburg Research. Overall, the Adani Group has lost more than […]

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