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Gautam Adani's bribery charges credit negative for group: Moody's
short by Debaroti Adhikary / on Thursday, 21 November, 2024
Moody's Ratings termed bribery charges against Gautam Adani a "credit negative" for the conglomerate's companies. "Our main focus when assessing Adani Group is on the ability of the group's companies to access capital to meet their liquidity requirements and on its governance practices," it said. Adani allegedly participated in scheme promising $250-million bribe to Indian government officials.
read more at Moneycontrol