Pledge agreements show Adani Green could have breached loan covenants
The US indictment alleging bribery for solar contracts by the company’s promoters and management has activated many potential issues in loan agreements signed by the renewables major.
December 01, 2024•15 min
0
December 01, 2024•15 min
0
More in Business
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
You may also like
Business
Murky waters ahead as shipping resists net-zero plan
The industry that moves 90% of world trade now wants to sink the first serious plan to clean up its climate footprint.
Business
Fix what’s broken with quarterly results, don’t dump them
The debate set off by President Trump offers an opportunity to move beyond the letter of disclosure rules and focus on their spirit. At any rate, more information is better than less.
Business
Adani is blazing the trail in India's coal comeback
Adani Power has boldly taken on the mantle of coal power's comeback in the country. But in doing so, it faces critical risks around asset obsolescence and climate misalignment.