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Adani Group, Fitch Ratings
Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect significantly weaker corporate governance practices at the Indian conglomerate.
After Fitch, Moody's takes ratings action against seven Adani Group Companies
The change in the outlook of the seven Adani Group companies, will likely weaken Adani Group's access to funding and increase its capital costs, Moody's wrote in its note.
Fitch puts a few Adani Group bonds on 'negative' watch; shares dip up to 6%
Fitch says the ratings reflect "increased corporate governance risk and potential contagion risk" that could affect the funding access of Fitch-rated entities
Fitch puts some Adani bonds on negative watch as Sri Lanka weighs accusations
Sri Lanka is weighing U.S. bribery accusations against Adani Group and Fitch put some company bonds on a watch list for a possible downgrade, as fallout widens from indictments of some key executives of the Indian conglomerate.
Fitch Warns Adani Ports’ Dollar Bonds May Be Cut to Junk
Dollar bonds of Adani Group’s ports business may be cut to speculative grade after US prosecutors brought charges of alleged bribery against executives of the conglomerate, Fitch Ratings said Tuesday.
Adani, India and TotalEnergies
Factbox-Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
TotalEnergies' Statement on its Investments Related to Adani Group in India
Until such time when the accusations against the Adani group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani group of companies.
TotalEnergies halts new financial contributions to Adani Group
French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies following the indictment of certain Adani Group’s executives by US authorities. The indictment is linked to an alleged corruption scheme associated with Adani Green Energy Limited (AGEL).
NewsX
1h
Adani Group’s $33 Billion Loss: Global Investors Halt Deals Amid U.S. Bribery Allegations
The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led ...
1m
Gautam Adani's group REACTS to TotalEnergies' decision pausing new investments, says 'will not have any...'
TotalEnergies is one of the biggest foreign investors in Adani's business empire and had previously taken stakes in the group ...
Fortune India
4m
Moody's changes outlook on 7 Adani group entities to 'negative'
Moody's says the change in the outlook on the seven Adani entities to "negative" comes amid the indictment charges in the U.S ...
21m
Moody's revises outlook on seven Adani group entities to 'negative'
The charges and allegations include bribery of Indian government officials, securities and wire fraud, conspiracy to violate ...
1h
Market Experts Sound Alarm On Adani Group Stocks. Here's Why?
Should You Invest or Stay Away? Expert Insights by Dharmesh Kant & CA Rudra Murthy. The Adani Group has once again found ...
19h
India’s Adani Group Mess Is Terribly Timed For Modi’s Economy
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
38m
on MSN
Adani, Wilmar delay share sale as US bribery charges hit Adani group
Adani Wilmar Ltd., an equal joint venture between India's Adani Group and the Singapore-based commodity trader, was slated to ...
4h
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the ...
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