Business

Adani’s companies suffer loss of more than Rs 2 lakh crore in one day, Moody’s downgrades credit rating

Following bribery allegations against Adani Group Chairman Gayutam Adani and other senior officials, rating agency Moody’s on Thursday said such allegations are negative for the group companies. “When we assess Adani Group, we pay particular attention to the capital capacity of group companies to meet liquidity needs and their governance …

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