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Leaving Hindenburg behind, Moody s upgrades four Adani firms

Moody s upgraded the ratings of two green energy firms and two electricity generation and distribution firms following improved financials, timely debt repayments and a capital infusion.

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gautam adani: Moody s revises outlook on 4 Adani Group cos to Stable from Negative after a year

The global ratings agency has revised the outlook on Adani Green Energy, Adani Green Energy Restricted Group (AGEL - RG-1), Adani Transmission Step One, and Adani Electricity Mumbai to “stable” from “negative”, it said in a release.

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Adani under attack: Can the billionaire survive the Hindenburg onslaught?

Gautam Adani’s empire has been battered and bruised by allegations of stock manipulation and fraud levelled by American short-seller Hindenburg Research. As the billionaire fights back with several confidence-building measures, his company stocks continue to wobble and global bankers turn wary. Can his mega plans survive this onslaught?

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Adani rout risks infecting wider Indian economy after revenue targets slashed

Adani rout risks infecting wider Indian economy after revenue targets slashed
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Moody s Cuts Outlook for Four Adani Group Companies, Cites Rapid Declines in Market Value

Moody’s lowered its outlook for four Adani Group companies, citing a “significant and rapid decline” in the market values of the entities.

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