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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Adani stocks slide again, flagship Adani Enterprises slumps 7% 

[ad_1] File photo of Adani Group building at Adani Shantigram near Ahmedabad. | Photo Credit: Vijay Soneji Shares of Adani Group companies fell on Tuesday with flagship Adani Enterprises Ltd. slumping 7% on the BSE amid fresh concerns about debt repayment at the highly leveraged conglomerate. Other group companies including Adani Green Energy, Adani Total […]

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Himachal truckers say Hindenburg report a godsend in Adani dispute

[ad_1] Truck drivers pose near parked trucks next to the Ambuja Cements Limited plant owned by Adani Group in Darlaghat, Solan district in Himachal Pradesh, on February 16, 2023. | Photo Credit: Reuters For truckers transporting cement from Adani’s factories in Himachal Pradesh, Hindenburg Research’s critical report on the giant conglomerate was a godsend they […]

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Move to stifle any semblance of independent media: Congress on Adani’s NDTV stake

[ad_1] Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18% stake in the broadcaster followed by an offer to buy out a further 26% controlling stake Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18% stake in the broadcaster followed by an offer […]

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Abu Dhabi’s IHC invests ₹15,400 crore in Adani firms

[ad_1] Abu Dhabi based IHC has invested ₹3,850 crore each in three Adani portfolio companies – Adani Green Energy Ltd. (AGEL), Adani Transmission Ltd. (ATL) and Adani Enterprises Ltd. (AEL) Abu Dhabi based IHC has invested ₹3,850 crore each in three Adani portfolio companies – Adani Green Energy Ltd. (AGEL), Adani Transmission Ltd. (ATL) and […]

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