Moody’s reaffirms ratings of 8 Adani firms; cuts outlook on 4
Ratings actions follow a significant decline in market equity values of Adani group companies since the release of the Hindenberg report.
Ratings actions follow a significant decline in market equity values of Adani group companies since the release of the Hindenberg report.
Moody’s cautioned that growing inflation and rate hikes to control it will impede India’s demand recovery momentum.