After Fitch, Moody’s also switches outlook on Adani group firms to ‘negative’

Rating agency cites governance risk stemming from bribery and other charges facing the group promoter and senior employees; says upgrade unlikely in near term but downgrades possible for some entities based on specific business risks

After Fitch, Moody’s also switches outlook on Adani group firms to ‘negative’
Rating agency cites governance risk stemming from bribery and other charges facing the group promoter and senior employees; says upgrade unlikely in near term but downgrades possible for some entities based on specific business risks