All 10 publicly traded Adani group stocks rose for the first time since the Hindenburg Research report surfaced, amid speculation that the embattled infrastructure conglomerate had secured a $3 billion credit line from a Middle Eastern sovereign wealth fund.
Reuters on Wednesday reported, citing unidentified people, that the Adani group told creditors it secured a $3 billion loan from a sovereign wealth fund. The loan could be increased to $5 billion, the report added. However, hours after the report, the Adani group told Bloomberg that the report was not true. Mint’s query on the credit line did not elicit any response from the Adani Group until press time.
Esta historia es de la edición March 02, 2023 de Mint Mumbai.
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Esta historia es de la edición March 02, 2023 de Mint Mumbai.
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