The Adani group is ‘deeply overleveraged’, cautions CreditSights
The group’s investments in existing and unrelated new businesses come with a high risk and could spiral out of control, the report says
23 August, 2022•3 min
0
23 August, 2022•3 min
0
More in Business
Business
Mankind needs to get its mojo back
Once a stock market darling, the pharma company is bearing the brunt of a costly acquisition.
You may also like
Business
India Inc. has an emissions blind spot
Indian companies risk losing out in global competitiveness as pricing power shifts toward those with verifiable emissions reporting.
Business
India Inc reports bleak Q2 results on Tuesday
Losses widen for IndiGo and MobiKwik. Adani Enterprises and Indian Hotels Company see their profit dips.
Business
Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
