Moody's says Adani stock plunge can hurt group's ability to raise debt

Moody's says Adani stock plunge can hurt group's ability to raise debt

IndiaTimes

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Credit ratings agency Moody's warned on Friday that the recent sell-off in Adani group's shares after a short-seller's report could reduce the Indian conglomerate's ability to raise capital, while its peer Fitch saw no immediate impact on its ratings.

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