Last week, S&P cut the credit outlook on five Adani companies, including Adani Ports and Special Economic Zone Ltd (APSEZ), to negative, following the indictment by the US authorities.
The adverse rating action could hurt the conglomerate's ability to raise fresh funding, and also increase its cost of capital.
Adani stocks fell sharply after the rating actions, with Adani Green Energy, which is at the centre of the alleged $250 million scheme to bribe Indian state government officials to secure power supply contracts, declining the most, by 7.3%, on Tuesday. The Adani Group has strongly denied the US allegations, calling them "baseless" and reaffirming its commitment to maintaining the highest standards of governance and compliance.
هذه القصة مأخوذة من طبعة November 27, 2024 من Hindustan Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 27, 2024 من Hindustan Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
'It's scary that the air we are breathing is toxic'
Actor Shriya Pilgaonkar, a goodwill ambassador for the All Living Things Environmental Film Festival (ALT EFF), was in for a shock as she returned recently from New Zealand amid the air pollution crisis in the Capital.
Alia faced hatred for not looking South Indian in 2 States, says Arjun
Actor Arjun Kapoor has shared that his 2 States (2014) co-star Alia Bhatt faced a lot of hatred for being cast in the romantic comedy drama.
He introduced me to Indian cinema: Hugo Weaving on Satyajit Ray and his films
British actor Hugo Weaving, best known for portraying Elrond in The Lord of the Rings and Agent Smith in the Matrix franchise, opened up about his admiration for director Satyajit Ray's works and Indian cinema, saying, \"I actually remember seeing his (Ray's) films when I was 16. I absolutely loved them. The Apu Trilogy profoundly moved me, and The Chess Players (Shatranj Ke Khilari), along with several of his other works.\" The Matrix star added, \"He (Ray) truly introduced me to Indian cinema.\"
I GOT TO TRULY LIVE LIFE: KRYSTLE DSOUZA ON HER TIME AWAY FROM SCREEN
Actor Krystle Dsouza opens up about her three-year hiatus, the struggles of waiting for meaningful work and finding joy in the unexpected
Gukesh shows restraint and defensive skills to hold Ding
BENGALURU: After the fireworks of Game 1, it was a slow, manoeuvring 23-move draw by repetition in the second game of the World Chess Championship between Ding Liren and D Gukesh in Singapore on Tuesday.
AR RAHMAN IS JUST LIKE A FATHER TO ME: MOHINI DEY
Taking to social media, bassist Mohini Dey has refuted the \"baseless claims\" about her alleged role in AR Rahman's separation from his wife, Saira Banu
Gukesh shows restraint and defensive skills to hold Ding
After the fireworks of Game 1, it was a slow, manoeuvring 23-move draw by repetition in the second game of the World Chess Championship between Ding Liren and D Gukesh in Singapore on Tuesday.
Spurs goalkeeper played an hour versus City with a fractured ankle
Tottenham goalkeeper Guglielmo Vicario says he played for an hour against Manchester City with a fractured right ankle that has since required surgery.
NADA slaps four-year ban on Bajrang for doping violation
NEW DELHI: The National Anti-Doping Agency on Tuesday suspended Bajrang Punia for four years for his refusal to provide his sample for a dope test on March 10 during selection trials for the national team.
GAMBHIR FLIES HOME, TO BE BACK IN AUS BEFORE 2ND TEST
PERTH: India cricket team coach Gautam Gambhir will fly back home from Australia on Tuesday because of a family emergency.
