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Adani Group looks to refinance debt of $3.5 billion taken to buy Ambuja Cements: Report

Adani Group is aiming to refinance as much as $3.8 billion worth of debt Adani is believed to repay at least $300 million on the original Ambuja facility. ....

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A good year for Gautam Adani! Billionaire's Adani Group posts record-breaking performance in FY23 – How Adani Enterprises, Wilmar, ACC, others fared

Rating affirmations from international and domestic rating agencies signify the underlying credit quality with adequate financial profile with many businesses having underlying rating of 'BBB', but it remains constrained by sovereign ratings, according to the Adani portfolio financial earnings snapshot compendium for FY23. The group’s net debt came in at Rs 1.86 lakh crore., Companies News, Times Now ....

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Reports Say Adani Group Is 'Deeply Overleveraged'

Reports Say Adani Group Is Deeply Overleveraged : Indian billionaire Gautam Adani emerged as the richest Asian businessman in no time and he has made wise investments in various fields which is minting him gold. ....

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